Mount Gibson Iron (MGX.AX)

Net assets on the balance sheet as of June 2024 : C$0.50 Billion

According to Mount Gibson Iron's latest financial reports the company has C$0.50 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Mount Gibson Iron - Net assets on balance sheet (from 2002 to 2024)

Net assets by year

Year	Net assets	Change
2023-06-30	$C$0.47 B	0.09%
2022-06-30	$C$0.47 B	-29.5%
2021-06-30	$C$0.67 B	6.5%
2020-06-30	$C$0.62 B	11.45%
2019-06-30	$C$0.56 B	16.78%
2018-06-30	$C$0.48 B	15.6%
2017-06-30	$C$0.41 B	10.48%
2016-06-30	$C$0.37 B	30.13%
2015-06-30	$C$0.29 B	-77.04%
2014-06-30	$C$1.26 B	11.53%
2013-06-30	$C$1.13 B	-14.69%
2012-06-30	$C$1.33 B	10.4%
2011-06-30	$C$1.20 B	45.62%
2010-06-30	$C$0.82 B	13.33%
2009-06-30	$C$0.73 B	25.53%
2008-06-30	$C$0.58 B	42.85%
2007-06-30	$C$0.40 B	351.01%
2006-06-30	$C$90.41 M	9.62%
2005-06-30	$C$82.47 M	282.78%
2004-06-30	$C$21.54 M	14.33%
2003-06-30	$C$18.84 M	6.64%
2002-06-30	$C$17.67 M	1040.83%
2001-06-30	$C$1.54 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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Mount Gibson Iron (MGX.AX) - Net assets