Pangaea Logistics Solutions (PANL) - Cash on Hand

Cash on Hand as of December 2024 : NZ$0.14 Billion

According to Pangaea Logistics Solutions's latest financial reports the company has NZ$0.14 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
2024-12-31	NZ$0.15 B	-1.72%
2023-12-31	NZ$0.15 B	-22.55%
2022-12-31	NZ$0.20 B	145.73%
2021-12-31	NZ$82.29 M	26.61%
2020-12-31	NZ$64.99 M	-13.41%
2019-12-31	NZ$75.06 M	-6.09%
2018-12-31	NZ$79.92 M	64.39%
2017-12-31	NZ$48.62 M	50.88%
2016-12-31	NZ$32.22 M	-41.21%
2015-12-31	NZ$54.82 M	44.05%
2014-12-31	NZ$38.05 M	65.22%
2013-12-31	NZ$23.03 M

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Seanergy Maritime SHIP	NZ$36.78 M	-74.81%	🇬🇷 Greece
Matson MATX	NZ$0.44 B	207.35%	🇺🇸 USA
Royal Caribbean Group RCL	NZ$0.65 B	346.98%	🇺🇸 USA
Tsakos Energy Navigation TNP	NZ$0.57 B	296.28%	🇬🇷 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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