Drax Group (DRX.L) - Cash on Hand

Cash on Hand as of December 2023 : C$0.67 Billion

According to Drax Group's latest financial reports the company has C$0.67 Billion 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.

Drax Group - Cash on Hand chart (from 2005 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	C$0.64 B	64.13%
2022-12-31	C$0.39 B	-28.44%
2021-12-31	C$0.54 B	10.12%
2020-12-31	C$0.49 B	-28.35%
2019-12-31	C$0.69 B	38.49%
2018-12-31	C$0.49 B	32.3%
2017-12-31	C$0.37 B	-0.26%
2016-12-31	C$0.37 B	37.69%
2015-12-31	C$0.27 B	-31.11%
2014-12-31	C$0.39 B	-20.85%
2013-12-31	C$0.50 B	-21.86%
2012-12-31	C$0.64 B	75.41%
2011-12-31	C$0.36 B	-27.94%
2010-12-31	C$0.51 B	121.55%
2009-12-31	C$0.23 B	-0.64%
2008-12-31	C$0.23 B	96.1%
2007-12-31	C$0.11 B	-66.49%
2006-12-31	C$0.35 B	77.44%
2005-12-31	C$0.19 B	13.98%
2004-12-31	C$0.17 B	-15.19%
2003-12-31	C$0.20 B	-4.38%
2002-12-31	C$0.21 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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