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

Cash on Hand as of September 2024 : HK$0.42 Billion

According to Payfare Inc.'s latest financial reports the company has HK$0.42 Billion 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	HK$0.39 B	47.1%
2022-12-31	HK$0.27 B	-13.51%
2021-12-31	HK$0.31 B	3074.01%
2020-12-31	HK$9.86 M	74.3%
2019-12-31	HK$5.65 M	201.81%
2018-12-31	HK$1.87 M	35.11%
2017-12-31	HK$1.38 M	43.25%
2016-12-31	HK$0.96 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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