MAG Interactive (MAGI.ST)

Net assets on the balance sheet as of August 2024 : £25.9 Million

According to MAG Interactive's latest financial reports the company has £25.9 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

MAG Interactive - Net assets on balance sheet (from 2018 to 2024)

Net assets by year

Year	Net assets	Change
2023-08-31	$£24.63 M	-8.8%
2022-08-31	$£27 M	-0.91%
2021-08-31	$£27.25 M	-0.06%
2020-08-31	$£27.27 M	-1.65%
2019-08-31	$£27.73 M	-4.41%
2018-08-31	$£29.01 M	202.08%
2017-08-31	$£9.6 M	-5.43%
2016-08-31	$£10.15 M	40.44%
2015-08-31	$£7.23 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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MAG Interactive (MAGI.ST) - Net assets