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

Cash on Hand as of September 2024 : $55.26 Million USD

According to Payfare Inc.'s latest financial reports the company has $55.26 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.

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

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	$50.99 M	47.16%
2022-12-31	$34.65 M	-13.69%
2021-12-31	$40.15 M	3055.54%
2020-12-31	$1.27 M	75.11%
2019-12-31	$0.72 M	203.47%
2018-12-31	$0.23 M	34.8%
2017-12-31	$0.17 M	42.18%
2016-12-31	$0.12 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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