Scorpio Tankers (STNG) - Cash on Hand

Cash on Hand as of September 2024 : C$0.41 Billion

According to Scorpio Tankers 's latest financial reports the company has C$0.41 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.

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

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	C$0.51 B	74.15%
2021-12-31	C$0.29 B	22.82%
2020-12-31	C$0.23 B	-9.51%
2019-12-31	C$0.26 B	-67.33%
2018-12-31	C$0.80 B	244.95%
2017-12-31	C$0.23 B	74.64%
2016-12-31	C$0.13 B	-51.85%
2015-12-31	C$0.27 B	106.84%
2014-12-31	C$0.13 B	60.59%
2013-12-31	C$83.93 M	-3.17%
2012-12-31	C$86.67 M	131.34%
2011-12-31	C$37.46 M	-45.03%
2010-12-31	C$68.15 M	14473.41%
2009-12-31	C$0.46 M	-89.34%
2008-12-31	C$4.38 M	281.11%
2007-12-31	C$1.15 M

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Tsakos Energy Navigation TNP	C$0.49 B	19.01%	🇬🇷 Greece
Teekay Tankers TNK	C$0.66 B	60.13%	🇨🇦 Canada
Ardmore Shipping ASC	C$68.3 M	-83.54%	🇧🇲 Bermuda
Teekay TK	C$1.06 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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