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

Cash on Hand as of September 2024 : ₹4.66 Billion

According to Payfare Inc.'s latest financial reports the company has ₹4.66 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	₹4.24 B	48.04%
2022-12-31	₹2.86 B	-4.04%
2021-12-31	₹2.98 B	3111.51%
2020-12-31	₹93.05 M	79.59%
2019-12-31	₹51.81 M	209.5%
2018-12-31	₹16.74 M	47.62%
2017-12-31	₹11.34 M	33.6%
2016-12-31	₹8.48 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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