DroneShield (DRO.AX) - Cash on Hand

Cash on Hand as of December 2023 : ₹3.26 Billion

According to DroneShield's latest financial reports the company has ₹3.26 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.

DroneShield - Cash on Hand chart (from 2016 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	₹3.21 B	459.56%
2022-12-31	₹0.57 B	12.32%
2021-12-31	₹0.51 B	-44.07%
2020-12-31	₹0.91 B	234.48%
2019-12-31	₹0.27 B	352.18%
2018-12-31	₹60.56 M	-48.58%
2017-12-31	₹0.11 B	-31.24%
2016-12-31	₹0.17 B
2015-09-30	₹0.34 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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