Passage Bio (PASG) - Cash on Hand

Cash on Hand as of December 2024 : ₹6.55 Billion

According to Passage Bio's latest financial reports the company has ₹6.55 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.

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

Cash on Hand by year

Year	Cash on Hand	Change
2024-12-31	₹6.58 B	-30.8%
2023-12-31	₹9.51 B	-39.36%
2022-12-31	₹15.69 B	-33.24%
2021-12-31	₹23.50 B	5.43%
2020-12-31	₹22.29 B	96.77%
2019-12-31	₹11.32 B	551.74%
2018-12-31	₹1.73 B

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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