Magnetic Resources NL (MAU.AX)

Net assets on the balance sheet as of June 2023 : C$3.34 M

According to Magnetic Resources NL's latest financial reports the company has C$3.34 M in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Magnetic Resources NL - Net assets on balance sheet (from 2008 to 2023)

Net assets by year

Year	Net assets	Change
2023-06-30	$C$3.26 M	68.17%
2022-06-30	$C$1.94 M	-70.69%
2021-06-30	$C$6.62 M	72.04%
2020-06-30	$C$3.85 M	-15.29%
2019-06-30	$C$4.54 M	500.72%
2018-06-30	$C$0.75 M	8.61%
2017-06-30	$C$0.69 M	35.97%
2016-06-30	$C$0.51 M	-39.21%
2015-06-30	$C$0.84 M	21.55%
2014-06-30	$C$0.69 M	-20.15%
2013-06-30	$C$0.86 M	-46.23%
2012-06-30	$C$1.61 M	-50.28%
2011-06-30	$C$3.25 M	-22.97%
2010-06-30	$C$4.21 M	290.51%
2009-06-30	$C$1.08 M	-53.17%
2008-06-30	$C$2.3 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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Magnetic Resources NL (MAU.AX) - Net assets