Magyar Bancorp (MGYR)

Net assets on the balance sheet as of June 2024 : ₹9.21 Billion

According to Magyar Bancorp's latest financial reports the company has ₹9.21 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Magyar Bancorp - Net assets on balance sheet (from 2005 to 2024)

Net assets by year

Year	Net assets	Change
2023-09-30	$₹8.71 B	8.6%
2022-09-30	$₹8.02 B	10.6%
2021-09-30	$₹7.25 B	72.86%
2020-09-30	$₹4.19 B	8.96%
2019-09-30	$₹3.85 B	3.44%
2018-09-30	$₹3.72 B	15.31%
2017-09-30	$₹3.23 B	1.29%
2016-09-30	$₹3.18 B	3.65%
2015-09-30	$₹3.07 B	8.81%
2014-09-30	$₹2.82 B	-0.84%
2013-09-30	$₹2.85 B	19.85%
2012-09-30	$₹2.37 B	9.38%
2011-09-30	$₹2.17 B	10.15%
2010-09-30	$₹1.97 B	3.17%
2009-09-30	$₹1.91 B	-10.39%
2008-09-30	$₹2.13 B	11.71%
2007-09-30	$₹1.91 B	-13.4%
2006-09-30	$₹2.20 B	106.06%
2005-09-30	$₹1.07 B	1.19%
2004-09-30	$₹1.05 B	2.02%
2003-09-30	$₹1.03 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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Magyar Bancorp (MGYR) - Net assets