McGrath RentCorp (MGRC) - Net assets

Net assets on the balance sheet as of September 2024 : NZ$1.87 Billion

According to McGrath RentCorp 's latest financial reports the company has NZ$1.87 Billion 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	18.15%
2021-12-31	$NZ$1.07 B	13.28%
2020-12-31	$NZ$0.94 B	0.49%
2019-12-31	$NZ$0.94 B	10.49%
2018-12-31	$NZ$0.85 B	15.44%
2017-12-31	$NZ$0.73 B	29.67%
2016-12-31	$NZ$0.56 B	2.61%
2015-12-31	$NZ$0.55 B	2.39%
2014-12-31	$NZ$0.54 B	11.03%
2013-12-31	$NZ$0.48 B	10.07%
2012-12-31	$NZ$0.44 B	3.87%
2011-12-31	$NZ$0.42 B	11.64%
2010-12-31	$NZ$0.38 B	3.85%
2009-12-31	$NZ$0.36 B	-14.5%
2008-12-31	$NZ$0.43 B	35.16%
2007-12-31	$NZ$0.31 B	-4.2%
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$1.02 B	-45.41%	🇺🇸 USA
United Rentals URI	NZ$14.66 B	684.33%	🇺🇸 USA
Aaron's AAN	NZ$1.12 B	-39.89%	🇺🇸 USA
Rent-A-Center RCII	NZ$0.89 B	-52.00%	🇺🇸 USA

What is the market capitalization of a company?

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In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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