Scorpio Tankers (STNG) - Cash on Hand

Cash on Hand as of September 2024 : HK$2.24 Billion

According to Scorpio Tankers 's latest financial reports the company has HK$2.24 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.

Scorpio Tankers - Cash on Hand chart (from 2008 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	HK$2.94 B	63.89%
2021-12-31	HK$1.79 B	23.6%
2020-12-31	HK$1.45 B	-7.74%
2019-12-31	HK$1.57 B	-66.11%
2018-12-31	HK$4.64 B	219.11%
2017-12-31	HK$1.45 B	88.08%
2016-12-31	HK$0.77 B	-50.27%
2015-12-31	HK$1.55 B	72.91%
2014-12-31	HK$0.90 B	47.35%
2013-12-31	HK$0.61 B	-9.51%
2012-12-31	HK$0.67 B	136.17%
2011-12-31	HK$0.28 B	-46.09%
2010-12-31	HK$0.53 B	15296.66%
2009-12-31	HK$3.44 M	-87.64%
2008-12-31	HK$27.87 M	209.9%
2007-12-31	HK$8.99 M

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Tsakos Energy Navigation TNP	HK$2.67 B	19.01%	🇬🇷 Greece
Teekay Tankers TNK	HK$3.59 B	60.13%	🇨🇦 Canada
Ardmore Shipping ASC	HK$0.36 B	-83.54%	🇧🇲 Bermuda
Teekay TK	HK$5.78 B	157.37%	🇨🇦 Canada

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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