Pangaea Logistics Solutions (PANL)

Cash on Hand as of June 2024 : £59.39 M

According to Pangaea Logistics Solutions's latest financial reports the company has £59.39 M 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	155.51%
2021-12-31	£41.53 M	20.9%
2020-12-31	£34.35 M	-9.83%
2019-12-31	£38.09 M	-9.34%
2018-12-31	£42.01 M	64.46%
2017-12-31	£25.55 M	41.23%
2016-12-31	£18.09 M	-28.47%
2015-12-31	£25.29 M	32.05%
2014-12-31	£19.15 M	67.12%
2013-12-31	£11.46 M

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Seanergy Maritime SHIP	£29.12 M	-50.96%	🇬🇷 Greece
Matson MATX	£0.12 B	115.79%	🇺🇸 USA
Royal Caribbean RCL	£0.29 B	401.62%	🇺🇸 USA
Tsakos Energy Navigation TNP	£0.26 B	341.32%	🇬🇷 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 June 2024 : £59.39 M