DroneShield (DRO.AX)

Net assets on the balance sheet as of December 2023 : C$68.85 M

According to DroneShield's latest financial reports the company has C$68.85 M in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

DroneShield - Net assets on balance sheet (from 2016 to 2023)

Net assets by year

Year	Net assets	Change
2023-12-31	$C$67.33 M	283.78%
2022-12-31	$C$17.54 M	22.34%
2021-12-31	$C$14.34 M	-25.5%
2020-12-31	$C$19.24 M	217.59%
2019-12-31	$C$6.06 M	205.71%
2018-12-31	$C$1.98 M	-30.79%
2017-12-31	$C$2.86 M	-12.75%
2016-12-31	$C$3.28 M
2015-09-30	$C$6.84 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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DroneShield (DRO.AX) - Net assets