Magazine Luíza (MGLU3.SA)

Net assets on the balance sheet as of June 2024 : NZ$3.28 Billion

According to Magazine Luíza 's latest financial reports the company has NZ$3.28 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Magazine Luíza - Net assets on balance sheet (from 2010 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$NZ$3.17 B	7.21%
2021-12-31	$NZ$2.95 B	51.34%
2020-12-31	$NZ$1.95 B	-30.08%
2019-12-31	$NZ$2.79 B	215.65%
2018-12-31	$NZ$0.88 B	0.37%
2017-12-31	$NZ$0.88 B	220.08%
2016-12-31	$NZ$0.27 B	12.8%
2015-12-31	$NZ$0.24 B	-32.6%
2014-12-31	$NZ$0.36 B	1.27%
2013-12-31	$NZ$0.35 B	-2.15%
2012-12-31	$NZ$0.36 B	-14.3%
2011-12-31	$NZ$0.42 B	1054.8%
2010-12-31	$NZ$36.99 M	-880.59%
2009-12-31	$-NZ$4.74 Million	-107.37%
2008-12-31	$NZ$64.28 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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Magazine Luíza (MGLU3.SA) - Net assets