Pacific Basin Shipping (2343.HK)

Cash on Hand as of December 2023 : S$0.35 Billion

According to Pacific Basin Shipping's latest financial reports the company has S$0.35 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.

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

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	S$0.34 B	-41.98%
2022-12-31	S$0.59 B	-4.25%
2021-12-31	S$0.62 B	100.08%
2020-12-31	S$0.31 B	15.08%
2019-12-31	S$0.26 B	-42.19%
2018-12-31	S$0.46 B	42.69%
2017-12-31	S$0.32 B	-16%
2016-12-31	S$0.38 B	-23.16%
2015-12-31	S$0.50 B	6.06%
2014-12-31	S$0.47 B	-21.93%
2013-12-31	S$0.61 B	-20.93%
2012-12-31	S$0.77 B	-2.22%
2011-12-31	S$0.79 B	-11.78%
2010-12-31	S$0.89 B	-40.22%
2009-12-31	S$1.50 B	7.69%
2008-12-31	S$1.39 B	39.42%
2007-12-31	S$0.99 B	931.16%
2006-12-31	S$96.97 M	-29.58%
2005-12-31	S$0.13 B	93.78%
2004-12-31	S$71.06 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