Magellan Financial Group (MFG.AX)

Net assets on the balance sheet as of June 2024 : $0.68 Billion USD

According to Magellan Financial Group's latest financial reports the company has $0.68 Billion USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Magellan Financial Group - Net assets on balance sheet (from 2005 to 2024)

Net assets by year

Year	Net assets	Change
2023-06-30	$$0.63 B	-9.81%
2022-06-30	$$0.70 B	-4.97%
2021-06-30	$$0.74 B	3.43%
2020-06-30	$$0.71 B	39.45%
2019-06-30	$$0.51 B	12.22%
2018-06-30	$$0.45 B	33.52%
2017-06-30	$$0.34 B	29.59%
2016-06-30	$$0.26 B	14.02%
2015-06-30	$$0.23 B	19.68%
2014-06-30	$$0.19 B	39.08%
2013-06-30	$$0.13 B	-7.23%
2012-06-30	$$0.15 B	12.06%
2011-06-30	$$0.13 B	43.91%
2010-06-30	$$93.49 M	14.03%
2009-06-30	$$81.99 M	-15.98%
2008-06-30	$$97.59 M	65.96%
2007-06-30	$$58.8 M	125.83%
2006-06-30	$$26.03 M	21.56%
2005-06-30	$$21.42 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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Magellan Financial Group (MFG.AX) - Net assets