Magazine Luíza (MGLU3.SA)

Net assets on the balance sheet as of June 2024 : A$2.98 Billion

According to Magazine Luíza 's latest financial reports the company has A$2.98 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Magazine Luíza - Net assets on balance sheet (from 2010 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$A$2.96 B	6.17%
2021-12-31	$A$2.78 B	51.95%
2020-12-31	$A$1.83 B	-31.79%
2019-12-31	$A$2.69 B	218.89%
2018-12-31	$A$0.84 B	5.06%
2017-12-31	$A$0.80 B	203%
2016-12-31	$A$0.26 B	15.38%
2015-12-31	$A$0.22 B	-33.86%
2014-12-31	$A$0.34 B	5.23%
2013-12-31	$A$0.33 B	13.88%
2012-12-31	$A$0.28 B	-10.87%
2011-12-31	$A$0.32 B	1057.32%
2010-12-31	$A$28.09 M	-833.25%
2009-12-31	$-A$3.84 Million	-107.25%
2008-12-31	$A$52.87 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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Magazine Luíza (MGLU3.SA) - Net assets