DraftKings (DKNG) - Cash on Hand

Cash on Hand as of June 2024 : A$1.25 Billion

According to DraftKings's latest financial reports the company has A$1.25 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.

DraftKings - Cash on Hand chart (from 2019 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	A$1.86 B	-3.07%
2022-12-31	A$1.92 B	-35.22%
2021-12-31	A$2.96 B	25.65%
2020-12-31	A$2.36 B	2062.05%
2019-12-31	A$0.10 B	-34.69%
2018-12-31	A$0.16 B

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Scientific Games SGMS	N/A	N/A	🇺🇸 USA
Super Group SGHC	A$0.50 B	-59.39%	Guernsey

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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