Magellan Midstream Partners (MMP) - Net assets

Net assets on the balance sheet as of June 2023 : A$2.58 Billion

According to Magellan Midstream Partners 's latest financial reports the company has A$2.58 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Magellan Midstream Partners - Net assets on balance sheet (from 2001 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$A$2.47 B	-5.52%
2021-12-31	$A$2.62 B	-12.54%
2020-12-31	$A$2.99 B	-22.74%
2019-12-31	$A$3.87 B	3.34%
2018-12-31	$A$3.75 B	37.56%
2017-12-31	$A$2.72 B	-6.01%
2016-12-31	$A$2.90 B	4.58%
2015-12-31	$A$2.77 B	21.57%
2014-12-31	$A$2.28 B	23.6%
2013-12-31	$A$1.84 B	26.63%
2012-12-31	$A$1.45 B	2.19%
2011-12-31	$A$1.42 B	-1.35%
2010-12-31	$A$1.44 B	8.63%
2009-12-31	$A$1.33 B	-1.66%
2008-12-31	$A$1.35 B	35.91%
2007-12-31	$A$0.99 B	-2.6%
2006-12-31	$A$1.02 B	-7.35%
2005-12-31	$A$1.10 B	8.29%
2004-12-31	$A$1.01 B	52.15%
2003-12-31	$A$0.67 B	-16.42%
2002-12-31	$A$0.80 B	80.15%
2001-12-31	$A$0.44 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Plains All American Pipeline PAA	A$19.56 B	657.60%	🇺🇸 USA
Holly Energy Partners HEP	N/A	N/A	🇺🇸 USA
NuStar Energy NS	A$1.53 B	-40.57%	🇺🇸 USA
MPLX MPLX	A$21.87 B	747.13%	🇺🇸 USA
Delek Logistics Partners DKL	A$26.31 M	-98.98%	🇺🇸 USA
Genesis Energy L.P. GEL	A$1.06 B	-58.70%	🇺🇸 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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