MAG Interactive (MAGI.ST)

Net assets on the balance sheet as of August 2024 : A$52.16 Million

According to MAG Interactive's latest financial reports the company has A$52.16 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

MAG Interactive - Net assets on balance sheet (from 2018 to 2024)

Net assets by year

Year	Net assets	Change
2023-08-31	$A$48.32 M	5.24%
2022-08-31	$A$45.92 M	-10.72%
2021-08-31	$A$51.43 M	4.12%
2020-08-31	$A$49.4 M	-1.26%
2019-08-31	$A$50.03 M	-3.74%
2018-08-31	$A$51.98 M	231.23%
2017-08-31	$A$15.69 M	-11.17%
2016-08-31	$A$17.66 M	13.16%
2015-08-31	$A$15.61 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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MAG Interactive (MAGI.ST) - Net assets