Magazine Luíza (MGLU3.SA)

Net assets on the balance sheet as of June 2024 : £1.51 Billion

According to Magazine Luíza 's latest financial reports the company has £1.51 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	$£1.66 B	11.19%
2021-12-31	$£1.49 B	44.67%
2020-12-31	$£1.03 B	-27.93%
2019-12-31	$£1.43 B	206.79%
2018-12-31	$£0.46 B	0.93%
2017-12-31	$£0.46 B	199.62%
2016-12-31	$£0.15 B	37.11%
2015-12-31	$£0.11 B	-38.14%
2014-12-31	$£0.18 B	2.3%
2013-12-31	$£0.17 B	-4.22%
2012-12-31	$£0.18 B	-13.13%
2011-12-31	$£0.21 B	1060.27%
2010-12-31	$£18.48 M	-969.14%
2009-12-31	$-£2.13 Million	-108.36%
2008-12-31	$£25.45 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