DroneShield (DRO.AX) - Cash on Hand

Cash on Hand as of December 2023 : $38.67 Million USD

According to DroneShield's latest financial reports the company has $38.67 Million 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.

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

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	$38.67 M	456.2%
2022-12-31	$6.95 M	1.03%
2021-12-31	$6.88 M	-45.04%
2020-12-31	$12.52 M	226.15%
2019-12-31	$3.84 M	343.37%
2018-12-31	$0.86 M	-53.05%
2017-12-31	$1.84 M	-26.82%
2016-12-31	$2.52 M
2015-09-30	$5.21 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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