Magnetic Resources NL (MAU.AX)

Net assets on the balance sheet as of June 2023 : $2.46 M

According to Magnetic Resources NL's latest financial reports the company has $2.46 M in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Magnetic Resources NL - Net assets on balance sheet (from 2008 to 2023)

Net assets by year

Year	Net assets	Change
2023-06-30	$$2.46 M	63.57%
2022-06-30	$$1.5 M	-71.75%
2021-06-30	$$5.34 M	88.74%
2020-06-30	$$2.83 M	-18.31%
2019-06-30	$$3.46 M	501.82%
2018-06-30	$$0.57 M	7.3%
2017-06-30	$$0.53 M	36.12%
2016-06-30	$$0.39 M	-42.14%
2015-06-30	$$0.68 M	4.74%
2014-06-30	$$0.65 M	-21.24%
2013-06-30	$$0.82 M	-47.96%
2012-06-30	$$1.58 M	-52.6%
2011-06-30	$$3.34 M	-16.29%
2010-06-30	$$4 M	328.37%
2009-06-30	$$0.93 M	-58.78%
2008-06-30	$$2.26 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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Magnetic Resources NL (MAU.AX) - Net assets