Magnetic Resources NL (MAU.AX)

Net assets on the balance sheet as of June 2024 : £4.7 Million

According to Magnetic Resources NL's latest financial reports the company has £4.7 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Magnetic Resources NL - Net assets on balance sheet (from 2008 to 2024)

Net assets by year

Year	Net assets	Change
2023-06-30	$£1.94 M	57.03%
2022-06-30	$£1.23 M	-67.99%
2021-06-30	$£3.86 M	68.63%
2020-06-30	$£2.29 M	-16%
2019-06-30	$£2.72 M	526.18%
2018-06-30	$£0.43 M	5.59%
2017-06-30	$£0.41 M	40.16%
2016-06-30	$£0.29 M	-31.65%
2015-06-30	$£0.43 M	12.91%
2014-06-30	$£0.38 M	-29.72%
2013-06-30	$£0.54 M	-46.33%
2012-06-30	$£1.01 M	-51.57%
2011-06-30	$£2.08 M	-21.04%
2010-06-30	$£2.64 M	366.8%
2009-06-30	$£0.56 M	-50.22%
2008-06-30	$£1.13 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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Magnetic Resources NL (MAU.AX) - Net assets