PaxMedica (PXMD) - Cash on Hand

Cash on Hand as of June 2024 : ₹27.7 Million

According to PaxMedica's latest financial reports the company has ₹27.7 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.

PaxMedica - Cash on Hand chart (from 2020 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	₹0.39 B	149.18%
2022-12-31	₹0.15 B	376.13%
2021-12-31	₹33.05 M	-59.78%
2020-12-31	₹82.17 M	4519.19%
2019-12-31	₹1.77 M	172.93%
2018-12-31	₹0.65 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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