Pacific Basin Shipping (2343.HK)

Net assets on the balance sheet as of December 2023 : S$2.34 B

According to Pacific Basin Shipping's latest financial reports the company has S$2.34 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Pacific Basin Shipping - Net assets on balance sheet (from 2008 to 2023)

Net assets by year

Year	Net assets	Change
2023-12-31	$S$2.37 B	-7.14%
2022-12-31	$S$2.55 B	3.54%
2021-12-31	$S$2.46 B	75.48%
2020-12-31	$S$1.40 B	-17.98%
2019-12-31	$S$1.71 B	2.3%
2018-12-31	$S$1.67 B	8%
2017-12-31	$S$1.55 B	3.1%
2016-12-31	$S$1.50 B	9.58%
2015-12-31	$S$1.37 B	3.86%
2014-12-31	$S$1.32 B	-19.92%
2013-12-31	$S$1.65 B	1.4%
2012-12-31	$S$1.62 B	-15.24%
2011-12-31	$S$1.92 B	-3.41%
2010-12-31	$S$1.99 B	-2.67%
2009-12-31	$S$2.04 B	16.72%
2008-12-31	$S$1.75 B	39.71%
2007-12-31	$S$1.25 B	68.67%
2006-12-31	$S$0.74 B	44.42%
2005-12-31	$S$0.51 B	50.16%
2004-12-31	$S$0.34 B	418.2%
2003-12-31	$S$66.17 M

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) - Net assets