Pacific Basin Shipping (2343.HK)

Cash on Hand as of December 2023 : €0.25 Billion

According to Pacific Basin Shipping's latest financial reports the company has €0.25 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	€0.23 B	-42.85%
2022-12-31	€0.41 B	1.94%
2021-12-31	€0.40 B	112.65%
2020-12-31	€0.19 B	6.81%
2019-12-31	€0.17 B	-40.18%
2018-12-31	€0.29 B	46.52%
2017-12-31	€0.20 B	-20.32%
2016-12-31	€0.25 B	-21.93%
2015-12-31	€0.32 B	10.2%
2014-12-31	€0.29 B	-14.99%
2013-12-31	€0.34 B	-26.9%
2012-12-31	€0.47 B	1.66%
2011-12-31	€0.47 B	-10.13%
2010-12-31	€0.52 B	-29.82%
2009-12-31	€0.74 B	7.04%
2008-12-31	€0.69 B	46.52%
2007-12-31	€0.47 B	892.99%
2006-12-31	€47.92 M	-31.36%
2005-12-31	€69.82 M	117.43%
2004-12-31	€32.11 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