Magellan Financial Group (MFG.AX)

Net assets on the balance sheet as of June 2024 : NZ$1.10 B

According to Magellan Financial Group's latest financial reports the company has NZ$1.10 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Magellan Financial Group - Net assets on balance sheet (from 2005 to 2024)

Net assets by year

Year	Net assets	Change
2023-06-30	$NZ$1.04 B	-7.88%
2022-06-30	$NZ$1.13 B	6.83%
2021-06-30	$NZ$1.06 B	-4.97%
2020-06-30	$NZ$1.11 B	45.83%
2019-06-30	$NZ$0.76 B	13.05%
2018-06-30	$NZ$0.67 B	44.49%
2017-06-30	$NZ$0.46 B	26.39%
2016-06-30	$NZ$0.37 B	9.13%
2015-06-30	$NZ$0.34 B	53.44%
2014-06-30	$NZ$0.22 B	22.79%
2013-06-30	$NZ$0.18 B	-3.86%
2012-06-30	$NZ$0.18 B	15.29%
2011-06-30	$NZ$0.16 B	19.34%
2010-06-30	$NZ$0.13 B	8.3%
2009-06-30	$NZ$0.12 B	-1.53%
2008-06-30	$NZ$0.12 B	67.41%
2007-06-30	$NZ$76.49 M	78.67%
2006-06-30	$NZ$42.81 M	39.76%
2005-06-30	$NZ$30.63 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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Magellan Financial Group (MFG.AX) - Net assets