PaxMedica (PXMD) - Cash on Hand

Cash on Hand as of March 2024 : NZ$2.62 M

According to PaxMedica's latest financial reports the company has NZ$2.62 M in cash and cash equivalents.
A company’s cash on hand also refered as cash/cash equivalents (CCE) and Short-term investments, is the amount of accessible money a business has.

PaxMedica - Cash on Hand chart (from 2020 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	NZ$7.44 M	148.66%
2022-12-31	NZ$2.99 M	361.96%
2021-12-31	NZ$0.64 M	-58.49%
2020-12-31	NZ$1.56 M	4124.54%
2019-12-31	NZ$0.03 M	166.23%
2018-12-31	NZ$0.01 M

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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