Grindrod Shipping (GRIN)

Cash on Hand as of December 2023 : A$88.8 Million

According to Grindrod Shipping's latest financial reports the company has A$88.8 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.

Grindrod Shipping - Cash on Hand chart (from 2017 to 2021)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	A$68.42 M	-35.67%
2021-12-31	A$0.10 B	115.55%
2020-12-31	A$49.34 M	6.67%
2019-12-31	A$46.25 M	-2.72%
2018-12-31	A$47.55 M	-10.2%
2017-12-31	A$52.95 M	-43.63%
2016-12-31	A$93.93 M	-9.34%
2015-12-31	A$0.10 B

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Performance Shipping PSHG	A$0.11 B	25.88%	🇬🇷 Greece

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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Grindrod Shipping (GRIN) - Cash on Hand

Cash on Hand as of December 2023 : A$88.8 Million