Pacific Basin Shipping (2343.HK)

Cash on Hand as of December 2023 : HK$2.03 Billion

According to Pacific Basin Shipping's latest financial reports the company has HK$2.03 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.

Pacific Basin Shipping - Cash on Hand chart (from 2008 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	HK$2.04 B	-41.13%
2022-12-31	HK$3.46 B	-3.25%
2021-12-31	HK$3.58 B	96.94%
2020-12-31	HK$1.82 B	16.73%
2019-12-31	HK$1.55 B	-41.74%
2018-12-31	HK$2.67 B	40.02%
2017-12-31	HK$1.91 B	-8.42%
2016-12-31	HK$2.08 B	-24.86%
2015-12-31	HK$2.77 B	-1%
2014-12-31	HK$2.80 B	-25.12%
2013-12-31	HK$3.74 B	-23.65%
2012-12-31	HK$4.90 B	3.34%
2011-12-31	HK$4.74 B	-12.43%
2010-12-31	HK$5.42 B	-34.6%
2009-12-31	HK$8.29 B	10.07%
2008-12-31	HK$7.53 B	39.04%
2007-12-31	HK$5.41 B	1001.56%
2006-12-31	HK$0.49 B	-23.3%
2005-12-31	HK$0.64 B	89.44%
2004-12-31	HK$0.33 B

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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Pacific Basin Shipping (2343.HK) - Cash on Hand