Grindrod Shipping (GRIN)

Cash on Hand as of December 2023 : C$79.2 Million

According to Grindrod Shipping's latest financial reports the company has C$79.2 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	C$63.18 M	-35.71%
2021-12-31	C$98.26 M	103.13%
2020-12-31	C$48.37 M	14.38%
2019-12-31	C$42.29 M	-7.3%
2018-12-31	C$45.63 M	-12.2%
2017-12-31	C$51.97 M	-42.88%
2016-12-31	C$90.99 M	-13.1%
2015-12-31	C$0.10 B

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Performance Shipping PSHG	C$99.7 M	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 : C$79.2 Million