Mahanagar Gas (MGL.NS)

Net assets on the balance sheet as of March 2024 : C$0.83 B

According to Mahanagar Gas's latest financial reports the company has C$0.83 B 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	$C$0.68 B	15.03%
2022-03-31	$C$0.59 B	6.51%
2021-03-31	$C$0.55 B	-0.01%
2020-03-31	$C$0.55 B	20.5%
2019-03-31	$C$0.46 B	11%
2018-03-31	$C$0.41 B	10.05%
2017-03-31	$C$0.37 B	11.44%
2016-03-31	$C$0.33 B	3.99%
2015-03-31	$C$0.32 B	36.02%
2014-03-31	$C$0.23 B	8.07%
2013-03-31	$C$0.22 B	5.76%
2012-03-31	$C$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