Pacific Basin Shipping (2343.HK)

Cash on Hand as of December 2023 : A$0.41 Billion

According to Pacific Basin Shipping's latest financial reports the company has A$0.41 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.

Pacific Basin Shipping - Cash on Hand chart (from 2008 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	A$0.38 B	-41.17%
2022-12-31	A$0.65 B	2.86%
2021-12-31	A$0.63 B	107.66%
2020-12-31	A$0.30 B	6.78%
2019-12-31	A$0.28 B	-41.06%
2018-12-31	A$0.48 B	54.81%
2017-12-31	A$0.31 B	-16.08%
2016-12-31	A$0.37 B	-24.1%
2015-12-31	A$0.49 B	11.3%
2014-12-31	A$0.44 B	-18.41%
2013-12-31	A$0.54 B	-11.08%
2012-12-31	A$0.60 B	2.17%
2011-12-31	A$0.59 B	-13.07%
2010-12-31	A$0.68 B	-42.38%
2009-12-31	A$1.19 B	-13.84%
2008-12-31	A$1.38 B	73.85%
2007-12-31	A$0.79 B	890.75%
2006-12-31	A$80.22 M	-29.03%
2005-12-31	A$0.11 B	100.81%
2004-12-31	A$56.29 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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Pacific Basin Shipping (2343.HK) - Cash on Hand