Payfare Inc. (PAY.TO)

Net assets on the balance sheet as of September 2024 : NZ$0.11 Billion

According to Payfare Inc.'s latest financial reports the company has NZ$0.11 Billion 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	4.83%
2021-12-31	$NZ$53.72 M	-506.5%
2020-12-31	$-NZ$13.22 Million	-686.25%
2019-12-31	$NZ$2.25 M	-198.35%
2018-12-31	$-NZ$2.3 Million	-914.41%
2017-12-31	$NZ$0.28 M	-41.65%
2016-12-31	$NZ$0.48 M

What is the market capitalization of a company?

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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