Payfare Inc. (PAY.TO) - Cash on Hand

Cash on Hand as of September 2024 : NZ$94.15 Million

According to Payfare Inc.'s latest financial reports the company has NZ$94.15 Million 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.

Payfare Inc. - Cash on Hand chart (from 2019 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	NZ$80.64 M	47.74%
2022-12-31	NZ$54.58 M	-7.14%
2021-12-31	NZ$58.78 M	3233.39%
2020-12-31	NZ$1.76 M	63.45%
2019-12-31	NZ$1.07 M	202.25%
2018-12-31	NZ$0.35 M	42.73%
2017-12-31	NZ$0.25 M	38.68%
2016-12-31	NZ$0.18 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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