Magazine Luíza (MGLU3.SA)

Net assets on the balance sheet as of September 2024 : $2.03 Billion USD

According to Magazine Luíza 's latest financial reports the company has $2.03 Billion USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Magazine Luíza - Net assets on balance sheet (from 2010 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$$2.01 B	-0.35%
2021-12-31	$$2.02 B	43.26%
2020-12-31	$$1.41 B	-25.09%
2019-12-31	$$1.88 B	216.92%
2018-12-31	$$0.59 B	-5.2%
2017-12-31	$$0.62 B	228.17%
2016-12-31	$$0.19 B	14.16%
2015-12-31	$$0.16 B	-41.12%
2014-12-31	$$0.28 B	-3.45%
2013-12-31	$$0.29 B	-2.25%
2012-12-31	$$0.30 B	-9.66%
2011-12-31	$$0.33 B	1068.22%
2010-12-31	$$28.54 M	-929.13%
2009-12-31	$-$3.45 Million	-109.23%
2008-12-31	$$37.3 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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Magazine Luíza (MGLU3.SA) - Net assets