Scorpio Tankers (STNG) - Cash on Hand

Cash on Hand as of September 2024 : NZ$0.51 Billion

According to Scorpio Tankers 's latest financial reports the company has NZ$0.51 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	NZ$0.59 B	75.96%
2021-12-31	NZ$0.33 B	29.81%
2020-12-31	NZ$0.25 B	-13.49%
2019-12-31	NZ$0.30 B	-66.06%
2018-12-31	NZ$0.88 B	237.09%
2017-12-31	NZ$0.26 B	82.07%
2016-12-31	NZ$0.14 B	-50.89%
2015-12-31	NZ$0.29 B	98.09%
2014-12-31	NZ$0.14 B	54.5%
2013-12-31	NZ$95.94 M	-9.45%
2012-12-31	NZ$0.10 B	124.51%
2011-12-31	NZ$47.19 M	-46.6%
2010-12-31	NZ$88.38 M	14342.23%
2009-12-31	NZ$0.61 M	-90.16%
2008-12-31	NZ$6.21 M	312.74%
2007-12-31	NZ$1.5 M

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Tsakos Energy Navigation TNP	NZ$0.61 B	19.01%	🇬🇷 Greece
Teekay Tankers TNK	NZ$0.82 B	60.13%	🇨🇦 Canada
Ardmore Shipping ASC	NZ$84.43 M	-83.54%	🇧🇲 Bermuda
Teekay TK	NZ$1.32 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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