Morgan Advanced Materials (MGAM.L)

Net assets on the balance sheet as of December 2023 : $0.50 Billion USD

According to Morgan Advanced Materials's latest financial reports the company has $0.50 Billion USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Morgan Advanced Materials - Net assets on balance sheet (from 2004 to 2023)

Net assets by year

Year	Net assets	Change
2023-12-31	$$0.50 B	-2.29%
2022-12-31	$$0.51 B	10.13%
2021-12-31	$$0.47 B	44.25%
2020-12-31	$$0.32 B	-19.96%
2019-12-31	$$0.40 B	16.37%
2018-12-31	$$0.35 B	10.92%
2017-12-31	$$0.31 B	55.82%
2016-12-31	$$0.20 B	-26.43%
2015-12-31	$$0.27 B	-5.48%
2014-12-31	$$0.29 B	-35.37%
2013-12-31	$$0.45 B	2.99%
2012-12-31	$$0.43 B	4.53%
2011-12-31	$$0.41 B	7.91%
2010-12-31	$$0.38 B	12.07%
2009-12-31	$$0.34 B	13.91%
2008-12-31	$$0.30 B	-21.83%
2007-12-31	$$0.38 B	-1.97%
2006-12-31	$$0.39 B	17.88%
2005-12-31	$$0.33 B	14.82%
2004-12-31	$$0.29 B	-36.76%
2003-12-31	$$0.46 B	-17.28%
2002-12-31	$$0.56 B	-8.07%
2001-12-31	$$0.61 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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Morgan Advanced Materials (MGAM.L) - Net assets