DroneShield (DRO.AX)

Net assets on the balance sheet as of December 2023 : NZ$84.99 Million

According to DroneShield's latest financial reports the company has NZ$84.99 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	$NZ$80.27 M	294.19%
2022-12-31	$NZ$20.36 M	23.12%
2021-12-31	$NZ$16.54 M	-20.77%
2020-12-31	$NZ$20.87 M	201.92%
2019-12-31	$NZ$6.91 M	219.23%
2018-12-31	$NZ$2.16 M	-32.49%
2017-12-31	$NZ$3.2 M	-9.05%
2016-12-31	$NZ$3.52 M
2015-09-30	$NZ$8.03 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