Pangaea Logistics Solutions (PANL)

Cash on Hand as of June 2024 : HK$0.60 Billion

According to Pangaea Logistics Solutions's latest financial reports the company has HK$0.60 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.

Pangaea Logistics Solutions - Cash on Hand chart (from 2013 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	HK$1.00 B	128.87%
2021-12-31	HK$0.43 B	20.56%
2020-12-31	HK$0.36 B	-7.66%
2019-12-31	HK$0.39 B	-6.22%
2018-12-31	HK$0.41 B	55.62%
2017-12-31	HK$0.26 B	55.86%
2016-12-31	HK$0.17 B	-40.47%
2015-12-31	HK$0.29 B	25.74%
2014-12-31	HK$0.23 B	57.57%
2013-12-31	HK$0.14 B

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Seanergy Maritime SHIP	HK$0.32 B	-47.03%	🇬🇷 Greece
Matson MATX	HK$2.10 B	246.77%	🇺🇸 USA
Royal Caribbean RCL	HK$3.25 B	436.26%	🇺🇸 USA
Tsakos Energy Navigation TNP	HK$2.67 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 : HK$0.60 Billion