Mount Gibson Iron (MGX.AX)

Net assets on the balance sheet as of June 2023 : $0.35 B

According to Mount Gibson Iron's latest financial reports the company has $0.35 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Mount Gibson Iron - Net assets on balance sheet (from 2002 to 2023)

Net assets by year

Year	Net assets	Change
2023-06-30	$$0.35 B	-2.51%
2022-06-30	$$0.36 B	-31.71%
2021-06-30	$$0.53 B	16.78%
2020-06-30	$$0.46 B	7.41%
2019-06-30	$$0.43 B	17%
2018-06-30	$$0.36 B	14.34%
2017-06-30	$$0.32 B	10.54%
2016-06-30	$$0.29 B	23.5%
2015-06-30	$$0.23 B	-80.19%
2014-06-30	$$1.18 B	10.08%
2013-06-30	$$1.08 B	-17.43%
2012-06-30	$$1.30 B	5.2%
2011-06-30	$$1.24 B	57.64%
2010-06-30	$$0.78 B	25.32%
2009-06-30	$$0.62 B	10.35%
2008-06-30	$$0.57 B	48.3%
2007-06-30	$$0.38 B	376.28%
2006-06-30	$$80.76 M	19.94%
2005-06-30	$$67.34 M	316.72%
2004-06-30	$$16.16 M	15.5%
2003-06-30	$$13.99 M	20.01%
2002-06-30	$$11.65 M	1040.12%
2001-06-30	$$1.02 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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Mount Gibson Iron (MGX.AX) - Net assets