Grindrod Shipping (GRIN)

Cash on Hand as of December 2023 : HK$0.42 Billion

According to Grindrod Shipping's latest financial reports the company has HK$0.42 Billion 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	HK$0.36 B	-39.49%
2021-12-31	HK$0.60 B	104.42%
2020-12-31	HK$0.29 B	16.62%
2019-12-31	HK$0.25 B	-3.85%
2018-12-31	HK$0.26 B	-18.78%
2017-12-31	HK$0.32 B	-38.49%
2016-12-31	HK$0.52 B	-10.25%
2015-12-31	HK$0.58 B

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Performance Shipping PSHG	HK$0.48 B	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 : HK$0.42 Billion