DroneShield (DRO.AX) - Cash on Hand

Cash on Hand as of December 2023 : £29.47 M

According to DroneShield's latest financial reports the company has £29.47 M 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	£30.35 M	428.18%
2022-12-31	£5.74 M	12.69%
2021-12-31	£5.1 M	-44.52%
2020-12-31	£9.19 M	216.44%
2019-12-31	£2.9 M	327.86%
2018-12-31	£0.67 M	-50.25%
2017-12-31	£1.36 M	-33.19%
2016-12-31	£2.04 M
2015-09-30	£3.43 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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