Mount Gibson Iron (MGX.AX)

Net assets on the balance sheet as of June 2023 : A$0.53 Billion

According to Mount Gibson Iron's latest financial reports the company has A$0.53 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Mount Gibson Iron - Net assets on balance sheet (from 2002 to 2023)

Net assets by year

Year	Net assets	Change
2023-06-30	$A$0.53 B	1.15%
2022-06-30	$A$0.53 B	-25.93%
2021-06-30	$A$0.71 B	7.3%
2020-06-30	$A$0.67 B	9.45%
2019-06-30	$A$0.61 B	23.35%
2018-06-30	$A$0.49 B	18.58%
2017-06-30	$A$0.41 B	6.9%
2016-06-30	$A$0.39 B	28.26%
2015-06-30	$A$0.30 B	-75.79%
2014-06-30	$A$1.26 B	6.77%
2013-06-30	$A$1.18 B	-7.47%
2012-06-30	$A$1.27 B	9.51%
2011-06-30	$A$1.16 B	25.85%
2010-06-30	$A$0.92 B	18.76%
2009-06-30	$A$0.78 B	30.85%
2008-06-30	$A$0.59 B	31.3%
2007-06-30	$A$0.45 B	316.05%
2006-06-30	$A$0.10 B	23.73%
2005-06-30	$A$88.25 M	277.18%
2004-06-30	$A$23.39 M	11.69%
2003-06-30	$A$20.95 M	0.88%
2002-06-30	$A$20.76 M	939.39%
2001-06-30	$A$1.99 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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Mount Gibson Iron (MGX.AX) - Net assets