PaxMedica (PXMD) - Cash on Hand

Cash on Hand as of June 2024 : $0.32 Million USD

According to PaxMedica's latest financial reports the company has $0.32 Million USD 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	$4.71 M	147.68%
2022-12-31	$1.9 M	328.27%
2021-12-31	$0.44 M	-60.48%
2020-12-31	$1.12 M	4404.05%
2019-12-31	$0.02 M	167.61%
2018-12-31	$0 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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