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

Cash on Hand as of September 2024 : C$79.92 Million

According to Payfare Inc.'s latest financial reports the company has C$79.92 Million 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	C$67.64 M	43.84%
2022-12-31	C$47.02 M	-8.1%
2021-12-31	C$51.17 M	3053.98%
2020-12-31	C$1.62 M	70.96%
2019-12-31	C$0.94 M	190.97%
2018-12-31	C$0.32 M	46.05%
2017-12-31	C$0.22 M	33.02%
2016-12-31	C$0.16 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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