DroneShield (DRO.AX)

Net assets on the balance sheet as of December 2023 : ₹4.28 Billion

According to DroneShield's latest financial reports the company has ₹4.28 Billion 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	$₹4.22 B	295%
2022-12-31	$₹1.06 B	27.23%
2021-12-31	$₹0.84 B	-23.67%
2020-12-31	$₹1.10 B	231.74%
2019-12-31	$₹0.33 B	226.88%
2018-12-31	$₹0.10 B	-30.18%
2017-12-31	$₹0.14 B	-12.38%
2016-12-31	$₹0.16 B
2015-09-30	$₹0.33 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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DroneShield (DRO.AX) - Net assets