Mahanagar Gas (MGL.NS)

Net assets on the balance sheet as of September 2024 : A$1.06 Billion

According to Mahanagar Gas's latest financial reports the company has A$1.06 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Mahanagar Gas - Net assets on balance sheet (from 2016 to 2024)

Net assets by year

Year	Net assets	Change
2023-03-31	$A$0.74 B	18.57%
2022-03-31	$A$0.63 B	9.31%
2021-03-31	$A$0.57 B	-8.88%
2020-03-31	$A$0.63 B	30.21%
2019-03-31	$A$0.48 B	16.39%
2018-03-31	$A$0.41 B	12.91%
2017-03-31	$A$0.37 B	9.13%
2016-03-31	$A$0.33 B	1.45%
2015-03-31	$A$0.33 B	43.16%
2014-03-31	$A$0.23 B	11.9%
2013-03-31	$A$0.20 B	3.47%
2012-03-31	$A$0.20 B

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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Mahanagar Gas (MGL.NS) - Net assets