DroneShield (DRO.AX) - Cash on Hand

Cash on Hand as of December 2023 : ₹3.24 B

According to DroneShield's latest financial reports the company has ₹3.24 B 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	₹3.21 B	459.56%
2022-12-31	₹0.57 B	11.85%
2021-12-31	₹0.51 B	-43.86%
2020-12-31	₹0.91 B	233.91%
2019-12-31	₹0.27 B	355.37%
2018-12-31	₹60.27 M	-48.83%
2017-12-31	₹0.11 B	-31.24%
2016-12-31	₹0.17 B
2015-09-30	₹0.34 B

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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