MultiChoice Group (MCG.JO)

Net assets on the balance sheet as of March 2024 : -NZ$0.11 Billion

According to MultiChoice Group's latest financial reports the company has -NZ$0.11 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

MultiChoice Group - Net assets on balance sheet (from 2018 to 2024)

Net assets by year

Year	Net assets	Change
2023-03-31	$NZ$0.48 B	-39.93%
2022-03-31	$NZ$0.79 B	-12.39%
2021-03-31	$NZ$0.91 B	0.3%
2020-03-31	$NZ$0.91 B	-9.42%
2019-03-31	$NZ$1.00 B	-243.7%
2018-03-31	$-NZ$0.7 Billion

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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MultiChoice Group (MCG.JO) - Net assets