Scorpio Tankers (STNG) - Cash on Hand

Cash on Hand as of September 2024 : A$0.44 Billion

According to Scorpio Tankers 's latest financial reports the company has A$0.44 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.

Scorpio Tankers - Cash on Hand chart (from 2008 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	A$0.55 B	74.25%
2021-12-31	A$0.31 B	30.33%
2020-12-31	A$0.24 B	-15.6%
2019-12-31	A$0.28 B	-65.71%
2018-12-31	A$0.84 B	252.83%
2017-12-31	A$0.23 B	72.36%
2016-12-31	A$0.13 B	-49.77%
2015-12-31	A$0.27 B	94.39%
2014-12-31	A$0.14 B	60.55%
2013-12-31	A$88.39 M	5.38%
2012-12-31	A$83.87 M	133.49%
2011-12-31	A$35.92 M	-46.49%
2010-12-31	A$67.12 M	13466.33%
2009-12-31	A$0.49 M	-90.32%
2008-12-31	A$5.11 M	287.49%
2007-12-31	A$1.31 M

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Tsakos Energy Navigation TNP	A$0.52 B	19.01%	🇬🇷 Greece
Teekay Tankers TNK	A$0.71 B	60.13%	🇨🇦 Canada
Ardmore Shipping ASC	A$72.99 M	-83.54%	🇧🇲 Bermuda
Teekay TK	A$1.14 B	157.37%	🇨🇦 Canada

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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