Magellan Financial Group (MFG.AX)

Net assets on the balance sheet as of June 2024 : A$1.04 Billion

According to Magellan Financial Group's latest financial reports the company has A$1.04 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Magellan Financial Group - Net assets on balance sheet (from 2005 to 2024)

Net assets by year

Year	Net assets	Change
2023-06-30	$A$0.96 B	-6.26%
2022-06-30	$A$1.02 B	3.77%
2021-06-30	$A$0.98 B	-5.4%
2020-06-30	$A$1.04 B	42.49%
2019-06-30	$A$0.73 B	18.31%
2018-06-30	$A$0.62 B	38.61%
2017-06-30	$A$0.44 B	25.96%
2016-06-30	$A$0.35 B	17.11%
2015-06-30	$A$0.30 B	46.88%
2014-06-30	$A$0.20 B	34.99%
2013-06-30	$A$0.15 B	3.96%
2012-06-30	$A$0.14 B	16.99%
2011-06-30	$A$0.12 B	13.23%
2010-06-30	$A$0.11 B	9.27%
2009-06-30	$A$0.10 B	-0.16%
2008-06-30	$A$0.10 B	46.68%
2007-06-30	$A$69.44 M	98.1%
2006-06-30	$A$35.05 M	24.88%
2005-06-30	$A$28.07 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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Magellan Financial Group (MFG.AX) - Net assets