Pangaea Logistics Solutions (PANL)

Cash on Hand as of September 2024 : £74.12 Million

According to Pangaea Logistics Solutions's latest financial reports the company has £74.12 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
2022-12-31	£0.10 B	154.84%
2021-12-31	£41.64 M	21.03%
2020-12-31	£34.4 M	-10.76%
2019-12-31	£38.55 M	-8.72%
2018-12-31	£42.23 M	65.31%
2017-12-31	£25.55 M	41.23%
2016-12-31	£18.09 M	-28.55%
2015-12-31	£25.31 M	32.2%
2014-12-31	£19.15 M	66.9%
2013-12-31	£11.47 M

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Seanergy Maritime SHIP	£32.86 M	-55.66%	🇬🇷 Greece
Matson MATX	£0.21 B	190.27%	🇺🇸 USA
Royal Caribbean RCL	£0.33 B	348.89%	🇺🇸 USA
Tsakos Energy Navigation TNP	£0.27 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 : £74.12 Million