Bitfarms (BITF) - Cash on Hand

Cash on Hand as of June 2024 : S$0.26 Billion

According to Bitfarms's latest financial reports the company has S$0.26 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.

Bitfarms - Cash on Hand chart (from 2018 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	S$0.15 B	222.16%
2022-12-31	S$47.51 M	-81.66%
2021-12-31	S$0.25 B	3192.79%
2020-12-31	S$7.86 M	170.29%
2019-12-31	S$2.91 M	285.98%
2018-12-31	S$0.75 M	-87.52%
2017-12-31	S$6.04 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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