Payfare Inc. (PAY.TO)

Net assets on the balance sheet as of September 2024 : S$87.6 Million

According to Payfare Inc.'s latest financial reports the company has S$87.6 Million 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	$S$70.94 M	48%
2022-12-31	$S$47.93 M	-3.37%
2021-12-31	$S$49.6 M	-493.24%
2020-12-31	$-S$12.62 Million	-716.32%
2019-12-31	$S$2.04 M	-197.45%
2018-12-31	$-S$2.11 Million	-885.67%
2017-12-31	$S$0.26 M	-44.72%
2016-12-31	$S$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