DroneShield (DRO.AX) - Cash on Hand

Cash on Hand as of December 2023 : C$53.79 Million

According to DroneShield's latest financial reports the company has C$53.79 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	C$51.3 M	443.66%
2022-12-31	C$9.43 M	7.57%
2021-12-31	C$8.77 M	-45.07%
2020-12-31	C$15.97 M	218.41%
2019-12-31	C$5.01 M	325.1%
2018-12-31	C$1.17 M	-49.13%
2017-12-31	C$2.31 M	-31.54%
2016-12-31	C$3.38 M
2015-09-30	C$6.99 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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