Pangaea Logistics Solutions (PANL)

Cash on Hand as of June 2024 : NZ$0.12 B

According to Pangaea Logistics Solutions's latest financial reports the company has NZ$0.12 B 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	NZ$0.20 B	146.37%
2021-12-31	NZ$82.07 M	25.87%
2020-12-31	NZ$65.2 M	-12.99%
2019-12-31	NZ$74.94 M	-6.19%
2018-12-31	NZ$79.89 M	64.31%
2017-12-31	NZ$48.62 M	50.88%
2016-12-31	NZ$32.22 M	-41.28%
2015-12-31	NZ$54.88 M	44.39%
2014-12-31	NZ$38 M	64.93%
2013-12-31	NZ$23.04 M

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Seanergy Maritime SHIP	NZ$61.78 M	-50.96%	🇬🇷 Greece
Matson MATX	NZ$0.27 B	115.79%	🇺🇸 USA
Royal Caribbean RCL	NZ$0.63 B	401.62%	🇺🇸 USA
Tsakos Energy Navigation TNP	NZ$0.55 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 : NZ$0.12 B