Mahanagar Gas (MGL.NS)

Net assets on the balance sheet as of September 2024 : ₹55.79 Billion

According to Mahanagar Gas's latest financial reports the company has ₹55.79 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Mahanagar Gas - Net assets on balance sheet (from 2016 to 2024)

Net assets by year

Year	Net assets	Change
2023-03-31	$₹41.34 B	14.93%
2022-03-31	$₹35.97 B	11.29%
2021-03-31	$₹32.32 B	9.47%
2020-03-31	$₹29.52 B	23.09%
2019-03-31	$₹23.98 B	14.49%
2018-03-31	$₹20.95 B	13.88%
2017-03-31	$₹18.40 B	6.46%
2016-03-31	$₹17.28 B	7.76%
2015-03-31	$₹16.04 B	23.68%
2014-03-31	$₹12.96 B	9.67%
2013-03-31	$₹11.82 B	10.83%
2012-03-31	$₹10.67 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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Mahanagar Gas (MGL.NS) - Net assets