Magyar Bancorp (MGYR)

Net assets on the balance sheet as of September 2024 : A$0.17 Billion

According to Magyar Bancorp's latest financial reports the company has A$0.17 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Magyar Bancorp - Net assets on balance sheet (from 2005 to 2024)

Net assets by year

Year	Net assets	Change
2023-09-30	$A$0.16 B	7.79%
2022-09-30	$A$0.15 B	11.21%
2021-09-30	$A$0.13 B	70.88%
2020-09-30	$A$79.58 M	-1.55%
2019-09-30	$A$80.83 M	13.7%
2018-09-30	$A$71.09 M	12.68%
2017-09-30	$A$63.09 M	0.85%
2016-09-30	$A$62.56 M	-6.11%
2015-09-30	$A$66.63 M	26.46%
2014-09-30	$A$52.69 M	8.15%
2013-09-30	$A$48.72 M	12.35%
2012-09-30	$A$43.36 M	-4.86%
2011-09-30	$A$45.58 M	0.02%
2010-09-30	$A$45.57 M	0.62%
2009-09-30	$A$45.29 M	-21.67%
2008-09-30	$A$57.81 M	5.39%
2007-09-30	$A$54.86 M	-15.11%
2006-09-30	$A$64.62 M	101.25%
2005-09-30	$A$32.11 M	-0.4%
2004-09-30	$A$32.24 M	-3.44%
2003-09-30	$A$33.39 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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Magyar Bancorp (MGYR) - Net assets