Passage Bio (PASG) - Cash on Hand

Cash on Hand as of September 2024 : €81.47 Million

According to Passage Bio's latest financial reports the company has €81.47 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.

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

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	€0.10 B	-41.51%
2022-12-31	€0.17 B	-36.6%
2021-12-31	€0.27 B	12.51%
2020-12-31	€0.24 B	74.74%
2019-12-31	€0.14 B	552.61%
2018-12-31	€21.73 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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