DroneShield (DRO.AX) - Cash on Hand

Cash on Hand as of December 2023 : NZ$65.98 Million

According to DroneShield's latest financial reports the company has NZ$65.98 Million 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	NZ$61.16 M	458.4%
2022-12-31	NZ$10.95 M	8.69%
2021-12-31	NZ$10.07 M	-41.95%
2020-12-31	NZ$17.35 M	204.42%
2019-12-31	NZ$5.7 M	341.59%
2018-12-31	NZ$1.29 M	-50.29%
2017-12-31	NZ$2.59 M	-28.62%
2016-12-31	NZ$3.63 M
2015-09-30	NZ$8.2 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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