Pangaea Logistics Solutions (PANL)

Cash on Hand as of June 2024 : A$0.11 Billion

According to Pangaea Logistics Solutions's latest financial reports the company has A$0.11 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.

Pangaea Logistics Solutions - Cash on Hand chart (from 2013 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	A$0.18 B	143.33%
2021-12-31	A$77.53 M	27.12%
2020-12-31	A$60.99 M	-15.53%
2019-12-31	A$72.2 M	-5.12%
2018-12-31	A$76.1 M	72.06%
2017-12-31	A$44.23 M	42.83%
2016-12-31	A$30.96 M	-39.87%
2015-12-31	A$51.5 M	41.36%
2014-12-31	A$36.43 M	71.7%
2013-12-31	A$21.22 M

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Seanergy Maritime SHIP	A$63.31 M	-47.03%	🇬🇷 Greece
Matson MATX	A$0.41 B	246.77%	🇺🇸 USA
Royal Caribbean RCL	A$0.64 B	436.26%	🇺🇸 USA
Tsakos Energy Navigation TNP	A$0.52 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 : A$0.11 Billion