MP Materials (MP) - Net Assets

Net assets on the balance sheet as of June 2024 : A$1.66 B

According to MP Materials's latest financial reports the company has A$1.66 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

MP Materials - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$A$2.00 B	3.93%
2022-12-31	$A$1.92 B	39.04%
2021-12-31	$A$1.38 B	25.2%
2020-12-31	$A$1.10 B	-4422.29%
2019-12-31	$-A$25.64 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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MP Materials (MP) - Net assets