Mahanagar Gas (MGL.NS)

Net assets on the balance sheet as of March 2024 : €0.55 B

According to Mahanagar Gas's latest financial reports the company has €0.55 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	$€0.46 B	8.33%
2022-03-31	$€0.42 B	13.7%
2021-03-31	$€0.37 B	5.47%
2020-03-31	$€0.35 B	15.95%
2019-03-31	$€0.30 B	17.86%
2018-03-31	$€0.26 B	-1.61%
2017-03-31	$€0.26 B	15.04%
2016-03-31	$€0.23 B	-2.77%
2015-03-31	$€0.23 B	50.6%
2014-03-31	$€0.15 B	-7.32%
2013-03-31	$€0.16 B	8%
2012-03-31	$€0.15 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