McGrath RentCorp (MGRC) - Net assets

Net assets on the balance sheet as of September 2024 : A$1.67 Billion

According to McGrath RentCorp 's latest financial reports the company has A$1.67 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	$A$1.37 B	16.02%
2022-12-31	$A$1.18 B	17%
2021-12-31	$A$1.00 B	13.74%
2020-12-31	$A$0.88 B	-1.97%
2019-12-31	$A$0.90 B	11.62%
2018-12-31	$A$0.81 B	20.83%
2017-12-31	$A$0.67 B	22.75%
2016-12-31	$A$0.54 B	4.95%
2015-12-31	$A$0.52 B	0.47%
2014-12-31	$A$0.51 B	15.38%
2013-12-31	$A$0.44 B	28.1%
2012-12-31	$A$0.35 B	8.02%
2011-12-31	$A$0.32 B	11.88%
2010-12-31	$A$0.29 B	-2.45%
2009-12-31	$A$0.29 B	-15.95%
2008-12-31	$A$0.35 B	26.89%
2007-12-31	$A$0.27 B	-6.08%
2006-12-31	$A$0.29 B	7.83%
2005-12-31	$A$0.27 B	27.8%
2004-12-31	$A$0.21 B	9.15%
2003-12-31	$A$0.19 B	-21.67%
2002-12-31	$A$0.25 B	-4.31%
2001-12-31	$A$0.26 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
H&E Equipment Services HEES	A$0.91 B	-45.41%	🇺🇸 USA
United Rentals URI	A$13.14 B	684.33%	🇺🇸 USA
Aaron's AAN	A$1.00 B	-39.89%	🇺🇸 USA
Rent-A-Center RCII	A$0.80 B	-52.00%	🇺🇸 USA

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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