Droneshield (ASX:DRO) Cash per Share : A$0.19 (As of Jun. 2024)

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What is Droneshield Cash per Share?

Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities divided by Shares Outstanding (EOP). Droneshield's Cash per Share for the quarter that ended in Jun. 2024 was A$0.19.

Droneshield Cash per Share Historical Data

The historical data trend for Droneshield's Cash per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Droneshield Cash per Share Chart

Droneshield Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash per Share

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0.02

0.04

0.02

0.09

Droneshield Semi-Annual Data
	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Cash per Share	Get a 7-Day Free Trial												0.02	0.02	0.07	0.09	0.19

Droneshield Cash per Share Calculation

This is the ratio of a company's available cash, including easy to liquidate short-term investment, to its total number of shares outstanding. The result indicates the percentage of a company's share price that is available to spend on company's activities, such as strengthening the business, paying down the debt and making dividend payment to shareholders. It's a reliable indicator of a company's financial health.

Droneshield's Cash per Share for the fiscal year that ended in Dec. 2023 is calculated as:

Cash per Share	=	Cash, Cash Equivalents, Marketable Securities	/	Shares Outstanding (EOP)
	=	56.771	/	611.45
	=	0.09

Droneshield's Cash per Share for the quarter that ended in Jun. 2024 is calculated as:

Cash per Share	=	Cash, Cash Equivalents, Marketable Securities	/	Shares Outstanding (EOP)
	=	144.424	/	762.55
	=	0.19

Droneshield (ASX:DRO) Cash per Share Explanation

Cash per Share represents the liquidity of a compant's assets. A high level of Cash per Share suggests that there's enough money on hand for a company to cover any emergencies and that the company has adequate money to reinvest its business or pay dividends to investors. However, if the ratio is too high, it can also suggeust the inefficiency of management for not making a full usage of the cash.

Droneshield Cash per Share Related Terms

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Droneshield Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Droneshield Ltd (ASX:DRO) » Definitions » Cash per Share

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DRSHF:USA DRH:Germany

Address

126 Phillip Street, Level 5, Sydney, NSW, AUS, 2000

Website

https://www.droneshield.com

Droneshield Ltd develops and sells hardware and software for the detection of drones. The principal activity of the Company is the development, commercialisation and sales of hardware and software technology for drone detection and security. Its products include DroneGun Tactical, DroneCannon, DroneNode, and DroneShield Complete. The company provides its solutions to government and military, airports, commercial venues, prisons, and critical infrastructure. Its geographical segments are the United States and Australia.

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