OceanPal (OP) - Cash on Hand

Cash on Hand as of September 2024 : €3.84 Million

According to OceanPal's latest financial reports the company has €3.84 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.

OceanPal - Cash on Hand chart (from 2020 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	€13.42 M	70.34%
2022-12-31	€7.88 M	433.5%
2021-12-31	€1.47 M	4484.02%
2020-12-31	€0.03 M	1785.16%
2019-12-31	€0 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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