MAAS Group Holdings (MGH.AX)

Net assets on the balance sheet as of June 2024 : A$0.70 Billion

According to MAAS Group Holdings's latest financial reports the company has A$0.70 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

MAAS Group Holdings - Net assets on balance sheet (from 2021 to 2024)

Net assets by year

Year	Net assets	Change
2023-06-30	$A$0.62 B	38.02%
2022-06-30	$A$0.45 B	79.23%
2021-06-30	$A$0.25 B	19.21%
2020-06-30	$A$0.21 B

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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MAAS Group Holdings (MGH.AX) - Net assets