DroneShield (DRO.AX)

Net assets on the balance sheet as of December 2023 : €48.47 Million

According to DroneShield's latest financial reports the company has €48.47 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	$€45.92 M	280.99%
2022-12-31	$€12.05 M	20.82%
2021-12-31	$€9.97 M	-18.54%
2020-12-31	$€12.24 M	194.6%
2019-12-31	$€4.15 M	227.32%
2018-12-31	$€1.26 M	-33.13%
2017-12-31	$€1.89 M	-18.25%
2016-12-31	$€2.32 M
2015-09-30	$€4.53 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