Pangaea Logistics Solutions (PANL)

Cash on Hand as of June 2024 : C$0.10 Billion

According to Pangaea Logistics Solutions's latest financial reports the company has C$0.10 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	C$0.17 B	143.19%
2021-12-31	C$71.63 M	19.8%
2020-12-31	C$59.79 M	-9.44%
2019-12-31	C$66.02 M	-9.59%
2018-12-31	C$73.03 M	68.22%
2017-12-31	C$43.41 M	44.72%
2016-12-31	C$29.99 M	-42.36%
2015-12-31	C$52.04 M	50.42%
2014-12-31	C$34.6 M	71.74%
2013-12-31	C$20.14 M

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Seanergy Maritime SHIP	C$57.67 M	-47.03%	🇬🇷 Greece
Matson MATX	C$0.37 B	246.77%	🇺🇸 USA
Royal Caribbean RCL	C$0.58 B	436.26%	🇺🇸 USA
Tsakos Energy Navigation TNP	C$0.48 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 : C$0.10 Billion