DroneShield (DRO.AX)

Net assets on the balance sheet as of December 2023 : $50.76 M

According to DroneShield's latest financial reports the company has $50.76 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	$$50.76 M	292.64%
2022-12-31	$$12.92 M	14.11%
2021-12-31	$$11.33 M	-24.94%
2020-12-31	$$15.09 M	222.85%
2019-12-31	$$4.67 M	221.7%
2018-12-31	$$1.45 M	-36.22%
2017-12-31	$$2.27 M	-6.75%
2016-12-31	$$2.44 M
2015-09-30	$$5.1 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