Drax Group (DRX.L) - Cash on Hand

Cash on Hand as of December 2023 : €0.45 Billion

According to Drax Group's latest financial reports the company has €0.45 Billion 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	€0.43 B	62.94%
2022-12-31	€0.26 B	-29.05%
2021-12-31	€0.37 B	19.66%
2020-12-31	€0.31 B	-33.16%
2019-12-31	€0.47 B	47.51%
2018-12-31	€0.32 B	28.06%
2017-12-31	€0.25 B	-6.54%
2016-12-31	€0.26 B	47.75%
2015-12-31	€0.18 B	-35.9%
2014-12-31	€0.28 B	-17.56%
2013-12-31	€0.34 B	-30.09%
2012-12-31	€0.49 B	76.16%
2011-12-31	€0.27 B	-27.47%
2010-12-31	€0.38 B	151.19%
2009-12-31	€0.15 B	12.04%
2008-12-31	€0.13 B	68.04%
2007-12-31	€81.22 M	-64.65%
2006-12-31	€0.22 B	59.29%
2005-12-31	€0.14 B	34.66%
2004-12-31	€0.10 B	-14.99%
2003-12-31	€0.12 B	-3.34%
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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