Magnetic Resources NL (MAU.AX)

Net assets on the balance sheet as of June 2023 : S$3.21 M

According to Magnetic Resources NL's latest financial reports the company has S$3.21 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	$S$3.33 M	59.21%
2022-06-30	$S$2.09 M	-70.83%
2021-06-30	$S$7.18 M	82.18%
2020-06-30	$S$3.94 M	-15.84%
2019-06-30	$S$4.68 M	497.36%
2018-06-30	$S$0.78 M	6.23%
2017-06-30	$S$0.73 M	38.93%
2016-06-30	$S$0.53 M	-42.02%
2015-06-30	$S$0.91 M	12.78%
2014-06-30	$S$0.81 M	-22.32%
2013-06-30	$S$1.04 M	-47.96%
2012-06-30	$S$2.01 M	-51.3%
2011-06-30	$S$4.12 M	-26.36%
2010-06-30	$S$5.6 M	313.3%
2009-06-30	$S$1.35 M	-55.98%
2008-06-30	$S$3.08 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