Magic Empire Global (Giraffe Capital) (MEGL)

Net assets on the balance sheet as of December 2023 : A$27.63 Million

According to Magic Empire Global (Giraffe Capital)'s latest financial reports the company has A$27.63 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Magic Empire Global (Giraffe Capital) - Net assets on balance sheet (from 2021 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$A$25.64 M	2531.26%
2021-12-31	$A$0.97 M	47.8%
2020-12-31	$A$0.65 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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Magic Empire Global (Giraffe Capital) (MEGL) - Net assets