Passage Bio (PASG) - Cash on Hand

Cash on Hand as of December 2024 : $76.75 Million USD

According to Passage Bio's latest financial reports the company has $76.75 Million USD 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.

Passage Bio - Cash on Hand chart (from 2019 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2024-12-31	$76.75 M	-32.84%
2023-12-31	$0.11 B	-39.72%
2022-12-31	$0.18 B	-39.95%
2021-12-31	$0.31 B	3.59%
2020-12-31	$0.30 B	91.86%
2019-12-31	$0.15 B	539.05%
2018-12-31	$24.86 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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