Magellan Financial Group (MFG.AX)

Net assets on the balance sheet as of June 2024 : £0.54 Billion

According to Magellan Financial Group's latest financial reports the company has £0.54 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Magellan Financial Group - Net assets on balance sheet (from 2005 to 2024)

Net assets by year

Year	Net assets	Change
2023-06-30	$£0.50 B	-13.26%
2022-06-30	$£0.58 B	8.43%
2021-06-30	$£0.53 B	-8.02%
2020-06-30	$£0.58 B	43.8%
2019-06-30	$£0.40 B	16.76%
2018-06-30	$£0.34 B	31.52%
2017-06-30	$£0.26 B	34.11%
2016-06-30	$£0.19 B	33.2%
2015-06-30	$£0.14 B	29.58%
2014-06-30	$£0.11 B	24.21%
2013-06-30	$£91.94 M	-4.33%
2012-06-30	$£96.1 M	14.83%
2011-06-30	$£83.69 M	33.78%
2010-06-30	$£62.56 M	25.64%
2009-06-30	$£49.79 M	1.69%
2008-06-30	$£48.96 M	66.71%
2007-06-30	$£29.37 M	108.58%
2006-06-30	$£14.08 M	17.7%
2005-06-30	$£11.96 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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Magellan Financial Group (MFG.AX) - Net assets