Magnetic Resources NL (MAU.AX)

Net assets on the balance sheet as of June 2023 : A$3.7 M

According to Magnetic Resources NL's latest financial reports the company has A$3.7 M in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Magnetic Resources NL - Net assets on balance sheet (from 2008 to 2023)

Net assets by year

Year	Net assets	Change
2023-06-30	$A$3.7 M	69.72%
2022-06-30	$A$2.18 M	-69.36%
2021-06-30	$A$7.12 M	73.43%
2020-06-30	$A$4.1 M	-16.76%
2019-06-30	$A$4.93 M	534.47%
2018-06-30	$A$0.77 M	11.28%
2017-06-30	$A$0.69 M	31.64%
2016-06-30	$A$0.53 M	-39.91%
2015-06-30	$A$0.88 M	27.99%
2014-06-30	$A$0.69 M	-23.62%
2013-06-30	$A$0.9 M	-41.68%
2012-06-30	$A$1.54 M	-50.66%
2011-06-30	$A$3.14 M	-33.17%
2010-06-30	$A$4.69 M	305.95%
2009-06-30	$A$1.15 M	-51.12%
2008-06-30	$A$2.36 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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Magnetic Resources NL (MAU.AX) - Net assets