DroneShield (DRO.AX) - Cash on Hand

Cash on Hand as of December 2023 : A$58.73 Million

According to DroneShield's latest financial reports the company has A$58.73 Million 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.

DroneShield - Cash on Hand chart (from 2016 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	A$56.77 M	455.55%
2022-12-31	A$10.21 M	7.63%
2021-12-31	A$9.49 M	-41.71%
2020-12-31	A$16.28 M	196.97%
2019-12-31	A$5.48 M	346.12%
2018-12-31	A$1.22 M	-47.97%
2017-12-31	A$2.36 M	-32.43%
2016-12-31	A$3.49 M
2015-09-30	A$7.44 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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