Drax Group (DRX.L) - Cash on Hand

Cash on Hand as of December 2023 : $0.48 Billion USD

According to Drax Group's latest financial reports the company has $0.48 Billion USD 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	$0.48 B	67.92%
2022-12-31	$0.28 B	-32.79%
2021-12-31	$0.42 B	10.17%
2020-12-31	$0.38 B	-26.61%
2019-12-31	$0.52 B	44.45%
2018-12-31	$0.36 B	22.1%
2017-12-31	$0.30 B	6.61%
2016-12-31	$0.28 B	42.13%
2015-12-31	$0.19 B	-42.37%
2014-12-31	$0.34 B	-27.4%
2013-12-31	$0.47 B	-27.01%
2012-12-31	$0.64 B	79.43%
2011-12-31	$0.36 B	-29.19%
2010-12-31	$0.51 B	133.21%
2009-12-31	$0.21 B	14.82%
2008-12-31	$0.19 B	60.89%
2007-12-31	$0.11 B	-60.89%
2006-12-31	$0.30 B	77.43%
2005-12-31	$0.17 B	17.59%
2004-12-31	$0.14 B	-8.41%
2003-12-31	$0.15 B	16.42%
2002-12-31	$0.13 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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