McGrath RentCorp (MGRC) - Net assets

Net assets on the balance sheet as of June 2024 : NZ$1.54 B

According to McGrath RentCorp 's latest financial reports the company has NZ$1.54 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

McGrath RentCorp - Net assets on balance sheet (from 2001 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$1.47 B	16.61%
2022-12-31	$NZ$1.26 B	18.46%
2021-12-31	$NZ$1.06 B	12.62%
2020-12-31	$NZ$0.94 B	0.98%
2019-12-31	$NZ$0.93 B	10.36%
2018-12-31	$NZ$0.85 B	15.39%
2017-12-31	$NZ$0.73 B	29.67%
2016-12-31	$NZ$0.56 B	2.49%
2015-12-31	$NZ$0.55 B	2.63%
2014-12-31	$NZ$0.54 B	10.83%
2013-12-31	$NZ$0.48 B	9.76%
2012-12-31	$NZ$0.44 B	4.22%
2011-12-31	$NZ$0.42 B	11.19%
2010-12-31	$NZ$0.38 B	3.5%
2009-12-31	$NZ$0.37 B	-14.37%
2008-12-31	$NZ$0.43 B	37.15%
2007-12-31	$NZ$0.31 B	-5.03%
2006-12-31	$NZ$0.33 B	12.7%
2005-12-31	$NZ$0.29 B	26.15%
2004-12-31	$NZ$0.23 B	3.52%
2003-12-31	$NZ$0.22 B	-16.8%
2002-12-31	$NZ$0.27 B	-16.18%
2001-12-31	$NZ$0.32 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
H&E Equipment Services HEES	NZ$0.93 B	-39.63%	🇺🇸 USA
United Rentals URI	NZ$13.38 B	767.82%	🇺🇸 USA
Aaron's AAN	NZ$1.06 B	-31.08%	🇺🇸 USA
Rent-A-Center RCII	NZ$0.84 B	-44.97%	🇺🇸 USA

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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