Drax Group (DRX.L) - Cash on Hand

Cash on Hand as of December 2023 : S$0.64 Billion

According to Drax Group's latest financial reports the company has S$0.64 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	S$0.63 B	65.42%
2022-12-31	S$0.38 B	-33.36%
2021-12-31	S$0.57 B	12.58%
2020-12-31	S$0.51 B	-27.99%
2019-12-31	S$0.71 B	42.55%
2018-12-31	S$0.50 B	24.72%
2017-12-31	S$0.40 B	-1.48%
2016-12-31	S$0.40 B	45.43%
2015-12-31	S$0.28 B	-38.31%
2014-12-31	S$0.45 B	-24.28%
2013-12-31	S$0.60 B	-24.38%
2012-12-31	S$0.79 B	69.44%
2011-12-31	S$0.46 B	-28.8%
2010-12-31	S$0.65 B	113.97%
2009-12-31	S$0.30 B	12.72%
2008-12-31	S$0.27 B	59.9%
2007-12-31	S$0.17 B	-63.29%
2006-12-31	S$0.46 B	63.41%
2005-12-31	S$0.28 B	20.01%
2004-12-31	S$0.23 B	-12.05%
2003-12-31	S$0.26 B	13.99%
2002-12-31	S$0.23 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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