DroneShield (DRO.AX) - Cash on Hand

Cash on Hand as of December 2023 : HK$0.30 Billion

According to DroneShield's latest financial reports the company has HK$0.30 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.

DroneShield - Cash on Hand chart (from 2016 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	HK$0.30 B	455.98%
2022-12-31	HK$54.33 M	1.23%
2021-12-31	HK$53.67 M	-44.72%
2020-12-31	HK$97.09 M	224.64%
2019-12-31	HK$29.9 M	340.95%
2018-12-31	HK$6.78 M	-52.94%
2017-12-31	HK$14.41 M	-26.27%
2016-12-31	HK$19.54 M
2015-09-30	HK$40.41 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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