PaxMedica (PXMD) - Cash on Hand

Cash on Hand as of September 2024 : HK$3.48 Million

According to PaxMedica's latest financial reports the company has HK$3.48 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	HK$36.79 M	147.58%
2022-12-31	HK$14.85 M	329.13%
2021-12-31	HK$3.46 M	-60.25%
2020-12-31	HK$8.71 M	4383.28%
2019-12-31	HK$0.19 M	166.15%
2018-12-31	HK$0.07 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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