Drax Group (DRX.L) - Cash on Hand

Cash on Hand as of December 2023 : A$0.72 B

According to Drax Group's latest financial reports the company has A$0.72 B 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.

Drax Group - Cash on Hand chart (from 2005 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	A$0.70 B	67.72%
2022-12-31	A$0.42 B	-28.38%
2021-12-31	A$0.59 B	16.88%
2020-12-31	A$0.50 B	-33.74%
2019-12-31	A$0.76 B	45.79%
2018-12-31	A$0.52 B	35.97%
2017-12-31	A$0.38 B	-1.57%
2016-12-31	A$0.39 B	43.48%
2015-12-31	A$0.27 B	-35.05%
2014-12-31	A$0.41 B	-21.13%
2013-12-31	A$0.53 B	-15.09%
2012-12-31	A$0.62 B	77.54%
2011-12-31	A$0.35 B	-29.84%
2010-12-31	A$0.50 B	106.98%
2009-12-31	A$0.24 B	-10.6%
2008-12-31	A$0.27 B	99.26%
2007-12-31	A$0.13 B	-64.53%
2006-12-31	A$0.38 B	64.69%
2005-12-31	A$0.23 B	24.47%
2004-12-31	A$0.18 B	-11.34%
2003-12-31	A$0.21 B	-12.51%
2002-12-31	A$0.24 B

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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