M&G plc (MNG.L) - Net Assets

Net assets on the balance sheet as of December 2023 : C$7.48 Billion

According to M&G plc's latest financial reports the company has C$7.48 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

M&G plc - Net assets on balance sheet (from 2018 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$C$4.64 B	-49.47%
2021-12-31	$C$9.19 B	-5.27%
2020-12-31	$C$9.70 B	10.46%
2019-12-31	$C$8.78 B	-43.12%
2018-12-31	$C$15.44 B	-4.44%
2017-12-31	$C$16.16 B	23.55%
2016-12-31	$C$13.08 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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M&G plc (MNG.L) - Net assets