OceanPal (OP) - Cash on Hand

Cash on Hand as of June 2024 : HK$83.95 Million

According to OceanPal's latest financial reports the company has HK$83.95 Million 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.

OceanPal - Cash on Hand chart (from 2020 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	HK$66.05 M	406.34%
2021-12-31	HK$13.04 M	4145.4%
2020-12-31	HK$0.3 M	1960.32%
2019-12-31	HK$0.01 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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