Pacific Basin Shipping (2343.HK)

Cash on Hand as of December 2023 : £0.20 Billion

According to Pacific Basin Shipping's latest financial reports the company has £0.20 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	£0.20 B	-44.07%
2022-12-31	£0.36 B	7.73%
2021-12-31	£0.34 B	97.71%
2020-12-31	£0.17 B	12.82%
2019-12-31	£0.15 B	-43.29%
2018-12-31	£0.26 B	48.74%
2017-12-31	£0.18 B	-17.02%
2016-12-31	£0.21 B	-9.8%
2015-12-31	£0.24 B	4.08%
2014-12-31	£0.23 B	-20.69%
2013-12-31	£0.29 B	-25.22%
2012-12-31	£0.39 B	-0.42%
2011-12-31	£0.39 B	-12.85%
2010-12-31	£0.45 B	-31.7%
2009-12-31	£0.66 B	-0.65%
2008-12-31	£0.66 B	90.16%
2007-12-31	£0.34 B	983.4%
2006-12-31	£32.28 M	-32.68%
2005-12-31	£47.96 M	111.38%
2004-12-31	£22.69 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