DroneShield (DRO.AX)

Net assets on the balance sheet as of December 2023 : A$78.17 Million

According to DroneShield's latest financial reports the company has A$78.17 Million 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	$A$74.51 M	292.18%
2022-12-31	$A$18.99 M	21.92%
2021-12-31	$A$15.58 M	-20.45%
2020-12-31	$A$19.58 M	194.53%
2019-12-31	$A$6.65 M	222.5%
2018-12-31	$A$2.06 M	-29.34%
2017-12-31	$A$2.91 M	-13.9%
2016-12-31	$A$3.38 M
2015-09-30	$A$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