Scorpio Tankers (STNG) - Cash on Hand

Cash on Hand as of September 2024 : ₹24.38 Billion

According to Scorpio Tankers 's latest financial reports the company has ₹24.38 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	₹31.18 B	81.84%
2021-12-31	₹17.15 B	25.06%
2020-12-31	₹13.71 B	-4.94%
2019-12-31	₹14.42 B	-65.25%
2018-12-31	₹41.50 B	248.65%
2017-12-31	₹11.90 B	75.4%
2016-12-31	₹6.78 B	-49.18%
2015-12-31	₹13.35 B	81.44%
2014-12-31	₹7.36 B	51.12%
2013-12-31	₹4.87 B	2.06%
2012-12-31	₹4.77 B	144.94%
2011-12-31	₹1.94 B	-36.23%
2010-12-31	₹3.05 B	14714.6%
2009-12-31	₹20.62 M	-88.11%
2008-12-31	₹0.17 B	282.96%
2007-12-31	₹45.27 M

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Tsakos Energy Navigation TNP	₹29.02 B	19.01%	🇬🇷 Greece
Teekay Tankers TNK	₹39.05 B	60.13%	🇨🇦 Canada
Ardmore Shipping ASC	₹4.01 B	-83.54%	🇧🇲 Bermuda
Teekay TK	₹62.77 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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