MP Materials (MP) - Net Assets

Net assets on the balance sheet as of September 2024 : $1.06 Billion USD

According to MP Materials's latest financial reports the company has $1.06 Billion USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

MP Materials - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$$1.36 B	4.05%
2022-12-31	$$1.31 B	30.13%
2021-12-31	$$1.00 B	18.14%
2020-12-31	$$0.85 B	-4837.97%
2019-12-31	$-$18.03 Million

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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MP Materials (MP) - Net assets