MA Financial Group (MAF.AX)

Net assets on the balance sheet as of December 2023 : NZ$0.53 Billion

According to MA Financial Group's latest financial reports the company has NZ$0.53 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

MA Financial Group - Net assets on balance sheet (from 2017 to 2023)

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$0.49 B	13.17%
2022-12-31	$NZ$0.43 B	11.78%
2021-12-31	$NZ$0.39 B	55.6%
2020-12-31	$NZ$0.25 B	6.9%
2019-12-31	$NZ$0.23 B	-6.65%
2018-12-31	$NZ$0.25 B	6.7%
2017-12-31	$NZ$0.23 B	285.42%
2016-12-31	$NZ$61.5 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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MA Financial Group (MAF.AX) - Net assets