Payfare Inc. (PAY.TO)

Net assets on the balance sheet as of June 2024 : NZ$97.49 M

According to Payfare Inc.'s latest financial reports the company has NZ$97.49 M in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Payfare Inc. - Net assets on balance sheet (from 2019 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$84.93 M	50.82%
2022-12-31	$NZ$56.31 M	4.38%
2021-12-31	$NZ$53.95 M	-506.99%
2020-12-31	$-NZ$13.26 M	-684.66%
2019-12-31	$NZ$2.26 M	-199.11%
2018-12-31	$-NZ$2.29 M	-912.86%
2017-12-31	$NZ$0.28 M	-41.65%
2016-12-31	$NZ$0.48 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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Payfare Inc. (PAY.TO) - Net assets