Pangaea Logistics Solutions (PANL)

Cash on Hand as of June 2024 : $77.94 Million USD

According to Pangaea Logistics Solutions's latest financial reports the company has $77.94 Million USD 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	$0.12 B	128.41%
2021-12-31	$56.2 M	19.86%
2020-12-31	$46.89 M	-7.24%
2019-12-31	$50.55 M	-5.71%
2018-12-31	$53.61 M	55.26%
2017-12-31	$34.53 M	54.69%
2016-12-31	$22.32 M	-40.5%
2015-12-31	$37.52 M	25.83%
2014-12-31	$29.81 M	57.53%
2013-12-31	$18.92 M

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Seanergy Maritime SHIP	$41.28 M	-47.03%	🇬🇷 Greece
Matson MATX	$0.27 B	246.77%	🇺🇸 USA
Royal Caribbean RCL	$0.41 B	436.26%	🇺🇸 USA
Tsakos Energy Navigation TNP	$0.34 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 : $77.94 Million USD