Magazine Luíza (MGLU3.SA)

Net assets on the balance sheet as of September 2024 : €1.94 Billion

According to Magazine Luíza 's latest financial reports the company has €1.94 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Magazine Luíza - Net assets on balance sheet (from 2010 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$€1.87 B	5.21%
2021-12-31	$€1.78 B	55.59%
2020-12-31	$€1.14 B	-31.77%
2019-12-31	$€1.68 B	223.65%
2018-12-31	$€0.51 B	-0.57%
2017-12-31	$€0.52 B	187.69%
2016-12-31	$€0.18 B	18.67%
2015-12-31	$€0.15 B	-34.51%
2014-12-31	$€0.23 B	9.64%
2013-12-31	$€0.21 B	-6.38%
2012-12-31	$€0.22 B	-11.31%
2011-12-31	$€0.25 B	1096.54%
2010-12-31	$€21.45 M	-993.08%
2009-12-31	$-€2.41 Million	-109%
2008-12-31	$€26.68 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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Magazine Luíza (MGLU3.SA) - Net assets