DroneShield (DRO.AX) - Cash on Hand

Cash on Hand as of December 2023 : S$52.39 Million

According to DroneShield's latest financial reports the company has S$52.39 Million 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	S$51.08 M	447.95%
2022-12-31	S$9.32 M	0.18%
2021-12-31	S$9.3 M	-43.84%
2020-12-31	S$16.56 M	220.04%
2019-12-31	S$5.17 M	337.54%
2018-12-31	S$1.18 M	-52.04%
2017-12-31	S$2.46 M	-32.37%
2016-12-31	S$3.64 M
2015-09-30	S$7.44 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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