M&G plc (MNG.L) - Net Assets

Net assets on the balance sheet as of December 2023 : ₹440.46 Billion

According to M&G plc's latest financial reports the company has ₹440.46 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

M&G plc - Net assets on balance sheet (from 2018 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$₹283.31 B	-47.24%
2021-12-31	$₹537.01 B	-3.55%
2020-12-31	$₹556.74 B	16.04%
2019-12-31	$₹479.80 B	-39.49%
2018-12-31	$₹792.95 B	-3.42%
2017-12-31	$₹821.00 B	24.08%
2016-12-31	$₹661.65 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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M&G plc (MNG.L) - Net assets