Mount Gibson Iron (MGX.AX)

Net assets on the balance sheet as of June 2023 : £0.27 B

According to Mount Gibson Iron's latest financial reports the company has £0.27 B 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 2023)

Net assets by year

Year	Net assets	Change
2023-06-30	$£0.28 B	-6.61%
2022-06-30	$£0.30 B	-22.6%
2021-06-30	$£0.39 B	4.75%
2020-06-30	$£0.37 B	10.15%
2019-06-30	$£0.33 B	21.73%
2018-06-30	$£0.27 B	12.59%
2017-06-30	$£0.24 B	14.18%
2016-06-30	$£0.21 B	44.81%
2015-06-30	$£0.14 B	-78.58%
2014-06-30	$£0.69 B	-1.7%
2013-06-30	$£0.71 B	-14.84%
2012-06-30	$£0.83 B	7.73%
2011-06-30	$£0.77 B	47.88%
2010-06-30	$£0.52 B	37.56%
2009-06-30	$£0.38 B	32.78%
2008-06-30	$£0.28 B	49.16%
2007-06-30	$£0.19 B	334.94%
2006-06-30	$£44.17 M	18.44%
2005-06-30	$£37.29 M	316.93%
2004-06-30	$£8.94 M	5.41%
2003-06-30	$£8.48 M	11.57%
2002-06-30	$£7.6 M	952.79%
2001-06-30	$£0.72 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