Pacific Basin Shipping (2343.HK)

Cash on Hand as of December 2023 : $0.26 Billion USD

According to Pacific Basin Shipping's latest financial reports the company has $0.26 Billion USD 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.

Pacific Basin Shipping - Cash on Hand chart (from 2008 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	$0.26 B	-41.1%
2022-12-31	$0.44 B	-3.45%
2021-12-31	$0.45 B	95.79%
2020-12-31	$0.23 B	17.27%
2019-12-31	$0.20 B	-41.42%
2018-12-31	$0.34 B	39.69%
2017-12-31	$0.24 B	-9.11%
2016-12-31	$0.26 B	-24.9%
2015-12-31	$0.35 B	-0.93%
2014-12-31	$0.36 B	-25.14%
2013-12-31	$0.48 B	-23.68%
2012-12-31	$0.63 B	3.55%
2011-12-31	$0.61 B	-12.25%
2010-12-31	$0.69 B	-34.84%
2009-12-31	$1.06 B	9.7%
2008-12-31	$0.97 B	40.29%
2007-12-31	$0.69 B	998.81%
2006-12-31	$63.24 M	-23.54%
2005-12-31	$82.71 M	89.87%
2004-12-31	$43.56 M

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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Pacific Basin Shipping (2343.HK) - Cash on Hand