Morgan Advanced Materials (MGAM.L)

Net assets on the balance sheet as of December 2023 : C$0.72 Billion

According to Morgan Advanced Materials's latest financial reports the company has C$0.72 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Morgan Advanced Materials - Net assets on balance sheet (from 2004 to 2023)

Net assets by year

Year	Net assets	Change
2023-12-31	$C$0.67 B	-4.5%
2022-12-31	$C$0.70 B	17.27%
2021-12-31	$C$0.60 B	44.18%
2020-12-31	$C$0.41 B	-21.86%
2019-12-31	$C$0.53 B	11.58%
2018-12-31	$C$0.47 B	20.18%
2017-12-31	$C$0.39 B	45.78%
2016-12-31	$C$0.27 B	-28.73%
2015-12-31	$C$0.38 B	12.99%
2014-12-31	$C$0.33 B	-29.54%
2013-12-31	$C$0.48 B	10.26%
2012-12-31	$C$0.43 B	2.18%
2011-12-31	$C$0.42 B	9.81%
2010-12-31	$C$0.38 B	6.46%
2009-12-31	$C$0.36 B	-1.42%
2008-12-31	$C$0.37 B	-4.72%
2007-12-31	$C$0.38 B	-16.01%
2006-12-31	$C$0.46 B	17.89%
2005-12-31	$C$0.39 B	11.3%
2004-12-31	$C$0.35 B	-41.44%
2003-12-31	$C$0.60 B	-32.06%
2002-12-31	$C$0.88 B	-8.85%
2001-12-31	$C$0.97 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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Morgan Advanced Materials (MGAM.L) - Net assets