DroneShield (DRO.AX) - Cash on Hand

Cash on Hand as of December 2023 : €37.31 Million

According to DroneShield's latest financial reports the company has €37.31 Million 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	€34.98 M	439.71%
2022-12-31	€6.48 M	6.66%
2021-12-31	€6.07 M	-40.31%
2020-12-31	€10.18 M	197.04%
2019-12-31	€3.42 M	352.78%
2018-12-31	€0.75 M	-50.75%
2017-12-31	€1.53 M	-35.85%
2016-12-31	€2.39 M
2015-09-30	€4.63 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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