Scorpio Tankers (STNG) - Cash on Hand

Cash on Hand as of September 2024 : $0.28 Billion USD

According to Scorpio Tankers 's latest financial reports the company has $0.28 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.

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

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	$0.37 B	63.56%
2021-12-31	$0.23 B	22.88%
2020-12-31	$0.18 B	-7.31%
2019-12-31	$0.20 B	-65.92%
2018-12-31	$0.59 B	218.38%
2017-12-31	$0.18 B	86.67%
2016-12-31	$99.88 M	-50.3%
2015-12-31	$0.20 B	73.04%
2014-12-31	$0.11 B	47.31%
2013-12-31	$78.84 M	-9.55%
2012-12-31	$87.16 M	136.65%
2011-12-31	$36.83 M	-45.98%
2010-12-31	$68.18 M	15240.27%
2009-12-31	$0.44 M	-87.68%
2008-12-31	$3.6 M	212.69%
2007-12-31	$1.15 M

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Tsakos Energy Navigation TNP	$0.34 B	19.01%	🇬🇷 Greece
Teekay Tankers TNK	$0.46 B	60.13%	🇨🇦 Canada
Ardmore Shipping ASC	$47.57 M	-83.54%	🇧🇲 Bermuda
Teekay TK	$0.74 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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