MGO Global (MGOL) - Net Assets

Net assets on the balance sheet as of June 2024 : A$2.94 M

According to MGO Global's latest financial reports the company has A$2.94 M in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

MGO Global - Net assets on balance sheet (from 2021 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$-A$1.76 M	208.3%
2021-12-31	$-A$0.57 M	54.08%
2020-12-31	$-A$0.37 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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MGO Global (MGOL) - Net assets