Marks Electrical Group (MRK.L)

Net assets on the balance sheet as of March 2024 : A$27.52 Million

According to Marks Electrical Group's latest financial reports the company has A$27.52 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Marks Electrical Group - Net assets on balance sheet (from 2021 to 2024)

Net assets by year

Year	Net assets	Change
2024-03-31	$A$26.56 M	4.22%
2023-03-31	$A$25.49 M	54.72%
2022-03-31	$A$16.47 M	-12.07%
2021-03-31	$A$18.74 M	132.75%
2020-03-31	$A$8.05 M	21.1%
2019-03-31	$A$6.64 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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Marks Electrical Group (MRK.L) - Net assets