Pacific Basin Shipping (2343.HK)

Cash on Hand as of December 2023 : ₹22.05 Billion

According to Pacific Basin Shipping's latest financial reports the company has ₹22.05 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	₹21.76 B	-40.75%
2022-12-31	₹36.72 B	7.34%
2021-12-31	₹34.21 B	99.27%
2020-12-31	₹17.16 B	20.27%
2019-12-31	₹14.27 B	-40.26%
2018-12-31	₹23.89 B	52.98%
2017-12-31	₹15.62 B	-14.6%
2016-12-31	₹18.28 B	-23.2%
2015-12-31	₹23.81 B	3.88%
2014-12-31	₹22.92 B	-23.2%
2013-12-31	₹29.85 B	-13.88%
2012-12-31	₹34.66 B	7.18%
2011-12-31	₹32.34 B	3.59%
2010-12-31	₹31.22 B	-37.08%
2009-12-31	₹49.62 B	5.9%
2008-12-31	₹46.85 B	71.82%
2007-12-31	₹27.27 B	873.64%
2006-12-31	₹2.80 B	-24.74%
2005-12-31	₹3.72 B	97.29%
2004-12-31	₹1.88 B

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