Bitfarms (BITF) - Cash on Hand

Cash on Hand as of June 2024 : A$0.29 B

According to Bitfarms's latest financial reports the company has A$0.29 B 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.

Bitfarms - Cash on Hand chart (from 2018 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	A$0.17 B	226.63%
2022-12-31	A$52.08 M	-80.24%
2021-12-31	A$0.26 B	3314.8%
2020-12-31	A$7.71 M	151.29%
2019-12-31	A$3.07 M	292.1%
2018-12-31	A$0.78 M	-86.46%
2017-12-31	A$5.78 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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