Drax Group (DRX.L) - Cash on Hand

Cash on Hand as of December 2023 : £0.38 Billion

According to Drax Group's latest financial reports the company has £0.38 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	£0.37 B	59.45%
2022-12-31	£0.23 B	-25.02%
2021-12-31	£0.31 B	11.25%
2020-12-31	£0.28 B	-29.4%
2019-12-31	£0.40 B	39.83%
2018-12-31	£0.28 B	30%
2017-12-31	£0.22 B	-2.67%
2016-12-31	£0.22 B	70.7%
2015-12-31	£0.13 B	-39.46%
2014-12-31	£0.22 B	-23.08%
2013-12-31	£0.28 B	-28.48%
2012-12-31	£0.40 B	72.55%
2011-12-31	£0.23 B	-29.67%
2010-12-31	£0.33 B	144.46%
2009-12-31	£0.13 B	3.99%
2008-12-31	£0.13 B	118.09%
2007-12-31	£59.7 M	-61.43%
2006-12-31	£0.15 B	56.21%
2005-12-31	£99.1 M	30.91%
2004-12-31	£75.7 M	-14.66%
2003-12-31	£88.7 M	4.35%
2002-12-31	£85 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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