Grindrod Shipping (GRIN)

Cash on Hand as of December 2023 : €52.32 Million

According to Grindrod Shipping's latest financial reports the company has €52.32 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	€43.4 M	-36.25%
2021-12-31	€68.08 M	120.72%
2020-12-31	€30.84 M	6.7%
2019-12-31	€28.91 M	-1.27%
2018-12-31	€29.28 M	-15.01%
2017-12-31	€34.45 M	-46.48%
2016-12-31	€64.37 M	-6.76%
2015-12-31	€69.03 M

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Performance Shipping PSHG	€58.5 M	11.80%	🇬🇷 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 : €52.32 Million