Grindrod Shipping (GRIN)

Cash on Hand as of December 2023 : $55.22 Million USD

According to Grindrod Shipping's latest financial reports the company has $55.22 Million USD 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	$46.56 M	-39.62%
2021-12-31	$77.1 M	103.23%
2020-12-31	$37.94 M	17.16%
2019-12-31	$32.38 M	-3.32%
2018-12-31	$33.49 M	-18.97%
2017-12-31	$41.33 M	-38.95%
2016-12-31	$67.71 M	-10.3%
2015-12-31	$75.48 M

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Performance Shipping PSHG	$61.74 M	11.80%	🇬🇷 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 : $55.22 Million USD