Drax Group (DRX.L) - Cash on Hand

Cash on Hand as of December 2023 : ₹41.06 Billion

According to Drax Group's latest financial reports the company has ₹41.06 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	₹40.24 B	68.93%
2022-12-31	₹23.82 B	-25.28%
2021-12-31	₹31.88 B	12.13%
2020-12-31	₹28.44 B	-24.74%
2019-12-31	₹37.78 B	47.32%
2018-12-31	₹25.65 B	33.71%
2017-12-31	₹19.18 B	0.17%
2016-12-31	₹19.15 B	45.34%
2015-12-31	₹13.17 B	-39.58%
2014-12-31	₹21.80 B	-25.52%
2013-12-31	₹29.27 B	-17.64%
2012-12-31	₹35.54 B	85.72%
2011-12-31	₹19.14 B	-16.4%
2010-12-31	₹22.89 B	125.22%
2009-12-31	₹10.16 B	10.84%
2008-12-31	₹9.17 B	97.05%
2007-12-31	₹4.65 B	-65.34%
2006-12-31	₹13.42 B	74.63%
2005-12-31	₹7.69 B	22.19%
2004-12-31	₹6.29 B	-12.88%
2003-12-31	₹7.22 B	10.53%
2002-12-31	₹6.53 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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