Grindrod Shipping (GRIN)

Cash on Hand as of December 2023 : NZ$97.65 Million

According to Grindrod Shipping's latest financial reports the company has NZ$97.65 Million 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	NZ$73.33 M	-35.04%
2021-12-31	NZ$0.11 B	114.68%
2020-12-31	NZ$52.58 M	9.35%
2019-12-31	NZ$48.08 M	-3.71%
2018-12-31	NZ$49.93 M	-14.2%
2017-12-31	NZ$58.2 M	-40.45%
2016-12-31	NZ$97.75 M	-11.37%
2015-12-31	NZ$0.11 B

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Performance Shipping PSHG	NZ$0.12 B	25.88%	🇬🇷 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 : NZ$97.65 Million