DroneShield (DRO.AX)

Net assets on the balance sheet as of December 2023 : £40.41 Million

According to DroneShield's latest financial reports the company has £40.41 Million 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	$£39.84 M	272.85%
2022-12-31	$£10.68 M	27.69%
2021-12-31	$£8.36 M	-24.26%
2020-12-31	$£11.05 M	211.18%
2019-12-31	$£3.55 M	210.27%
2018-12-31	$£1.14 M	-32.11%
2017-12-31	$£1.68 M	-14.86%
2016-12-31	$£1.98 M
2015-09-30	$£3.36 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