DroneShield (DRO.AX)

Net assets on the balance sheet as of December 2023 : HK$0.39 Billion

According to DroneShield's latest financial reports the company has HK$0.39 Billion 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	$HK$0.39 B	292.48%
2022-12-31	$HK$0.10 B	14.67%
2021-12-31	$HK$88.09 M	-24.56%
2020-12-31	$HK$0.11 B	221.97%
2019-12-31	$HK$36.26 M	218.77%
2018-12-31	$HK$11.37 M	-36.09%
2017-12-31	$HK$17.8 M	-6.04%
2016-12-31	$HK$18.94 M
2015-09-30	$HK$39.55 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