Magyar Bancorp (MGYR)

Net assets on the balance sheet as of June 2024 : C$0.14 B

According to Magyar Bancorp's latest financial reports the company has C$0.14 B 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	$C$0.14 B	5.73%
2022-09-30	$C$0.13 B	8.16%
2021-09-30	$C$0.12 B	63.67%
2020-09-30	$C$76.08 M	5.19%
2019-09-30	$C$72.33 M	9.02%
2018-09-30	$C$66.34 M	8.14%
2017-09-30	$C$61.35 M	-2.26%
2016-09-30	$C$62.77 M	0.23%
2015-09-30	$C$62.62 M	22.18%
2014-09-30	$C$51.25 M	9.68%
2013-09-30	$C$46.73 M	5.62%
2012-09-30	$C$44.24 M	-4.16%
2011-09-30	$C$46.16 M	1.29%
2010-09-30	$C$45.58 M	6.58%
2009-09-30	$C$42.76 M	-12.23%
2008-09-30	$C$48.72 M	0.82%
2007-09-30	$C$48.33 M	-10.23%
2006-09-30	$C$53.84 M	89.86%
2005-09-30	$C$28.35 M	-2.74%
2004-09-30	$C$29.15 M	-4.7%
2003-09-30	$C$30.59 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