Grindrod Shipping (GRIN)

Cash on Hand as of December 2023 : £44.19 Million

According to Grindrod Shipping's latest financial reports the company has £44.19 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	£38.48 M	-32.63%
2021-12-31	£57.12 M	105.22%
2020-12-31	£27.83 M	12.71%
2019-12-31	£24.69 M	-6.41%
2018-12-31	£26.38 M	-13.72%
2017-12-31	£30.58 M	-44.26%
2016-12-31	£54.87 M	7.73%
2015-12-31	£50.93 M

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Performance Shipping PSHG	£55.62 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 : £44.19 Million