Pangaea Logistics Solutions (PANL)

Cash on Hand as of June 2024 : ₹6.57 Billion

According to Pangaea Logistics Solutions's latest financial reports the company has ₹6.57 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	₹10.62 B	153.93%
2021-12-31	₹4.18 B	21.98%
2020-12-31	₹3.42 B	-4.86%
2019-12-31	₹3.60 B	-3.83%
2018-12-31	₹3.74 B	70.03%
2017-12-31	₹2.20 B	45.35%
2016-12-31	₹1.51 B	-39.16%
2015-12-31	₹2.49 B	31.94%
2014-12-31	₹1.88 B	61.61%
2013-12-31	₹1.16 B

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Seanergy Maritime SHIP	₹3.22 B	-50.96%	🇬🇷 Greece
Matson MATX	₹22.80 B	246.77%	🇺🇸 USA
Royal Caribbean RCL	₹35.27 B	436.26%	🇺🇸 USA
Tsakos Energy Navigation TNP	₹29.02 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 : ₹6.57 Billion