MAG Silver (MAG) - Net assets

Net assets on the balance sheet as of June 2024 : A$0.84 Billion

According to MAG Silver's latest financial reports the company has A$0.84 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

MAG Silver - Net assets on balance sheet (from 2003 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$A$0.59 B	16.44%
2021-12-31	$A$0.50 B	23.09%
2020-12-31	$A$0.41 B	33.96%
2019-12-31	$A$0.30 B	1.26%
2018-12-31	$A$0.30 B	7.62%
2017-12-31	$A$0.28 B	15.59%
2016-12-31	$A$0.24 B	15.34%
2015-12-31	$A$0.21 B	4.76%
2014-12-31	$A$0.20 B	77.69%
2013-12-31	$A$0.11 B	-8.6%
2012-12-31	$A$0.12 B	26.32%
2011-12-31	$A$98.44 M	-5.1%
2010-12-31	$A$0.10 B	20.9%
2009-12-31	$A$85.8 M	-21.33%
2008-12-31	$A$0.10 B	11.85%
2007-12-31	$A$97.51 M	382.22%
2006-12-31	$A$20.22 M	-2.82%
2005-12-31	$A$20.8 M	99.29%
2004-12-31	$A$10.44 M	20.86%
2003-12-31	$A$8.63 M	2093.95%
2002-12-31	$A$0.39 M	230.23%
2001-12-31	$A$0.11 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Emerson EMR	A$40.98 B	4,778.32%	🇺🇸 USA
General Electric GE	A$29.33 B	3,391.85%	🇺🇸 USA
Woodward WWD	A$3.31 B	294.68%	🇺🇸 USA
Columbus McKinnon CMCO	A$1.37 B	63.80%	🇺🇸 USA

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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