DroneShield (DRO.AX)

Net assets on the balance sheet as of December 2023 : S$66.12 M

According to DroneShield's latest financial reports the company has S$66.12 M 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	$S$67.04 M	286.81%
2022-12-31	$S$17.33 M	13.43%
2021-12-31	$S$15.28 M	-23.43%
2020-12-31	$S$19.95 M	217.41%
2019-12-31	$S$6.28 M	217.55%
2018-12-31	$S$1.97 M	-35.04%
2017-12-31	$S$3.04 M	-13.82%
2016-12-31	$S$3.53 M
2015-09-30	$S$7.28 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