Magnetic Resources NL (MAU.AX)

Net assets on the balance sheet as of June 2023 : NZ$3.98 M

According to Magnetic Resources NL's latest financial reports the company has NZ$3.98 M in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Magnetic Resources NL - Net assets on balance sheet (from 2008 to 2023)

Net assets by year

Year	Net assets	Change
2023-06-30	$NZ$4.02 M	66.79%
2022-06-30	$NZ$2.41 M	-68.46%
2021-06-30	$NZ$7.64 M	74.21%
2020-06-30	$NZ$4.39 M	-14.82%
2019-06-30	$NZ$5.15 M	506.3%
2018-06-30	$NZ$0.85 M	16%
2017-06-30	$NZ$0.73 M	32.1%
2016-06-30	$NZ$0.55 M	-44.01%
2015-06-30	$NZ$0.99 M	33.7%
2014-06-30	$NZ$0.74 M	-30.52%
2013-06-30	$NZ$1.06 M	-46.07%
2012-06-30	$NZ$1.97 M	-51.38%
2011-06-30	$NZ$4.06 M	-29.57%
2010-06-30	$NZ$5.77 M	302.35%
2009-06-30	$NZ$1.43 M	-51.79%
2008-06-30	$NZ$2.97 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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Magnetic Resources NL (MAU.AX) - Net assets