Passage Bio (PASG) - Cash on Hand

Cash on Hand as of September 2024 : NZ$0.15 Billion

According to Passage Bio's latest financial reports the company has NZ$0.15 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
2023-12-31	NZ$0.18 B	-39.48%
2022-12-31	NZ$0.29 B	-35.4%
2021-12-31	NZ$0.46 B	9.43%
2020-12-31	NZ$0.42 B	79.08%
2019-12-31	NZ$0.23 B	536.48%
2018-12-31	NZ$37.06 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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