Pangaea Logistics Solutions (PANL)

Cash on Hand as of September 2024 : €85.71 Million

According to Pangaea Logistics Solutions's latest financial reports the company has €85.71 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.

Pangaea Logistics Solutions - Cash on Hand chart (from 2013 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	€89.58 M	-25.15%
2022-12-31	€0.11 B	141.15%
2021-12-31	€49.63 M	30.17%
2020-12-31	€38.12 M	-15.51%
2019-12-31	€45.12 M	-3.71%
2018-12-31	€46.86 M	62.84%
2017-12-31	€28.78 M	35.61%
2016-12-31	€21.22 M	-38.15%
2015-12-31	€34.31 M	39.97%
2014-12-31	€24.51 M	78.88%
2013-12-31	€13.7 M

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Seanergy Maritime SHIP	€38 M	-55.66%	🇬🇷 Greece
Matson MATX	€0.24 B	186.51%	🇺🇸 USA
Royal Caribbean RCL	€0.35 B	316.67%	🇺🇸 USA
Tsakos Energy Navigation TNP	€0.31 B	269.41%	🇬🇷 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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Pangaea Logistics Solutions (PANL) - Cash on Hand

Cash on Hand as of September 2024 : €85.71 Million