Magyar Bancorp (MGYR)

Net assets on the balance sheet as of June 2024 : £86.59 Million

According to Magyar Bancorp's latest financial reports the company has £86.59 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Magyar Bancorp - Net assets on balance sheet (from 2005 to 2024)

Net assets by year

Year	Net assets	Change
2023-09-30	$£85.91 M	-2.58%
2022-09-30	$£88.18 M	21.27%
2021-09-30	$£72.72 M	64.59%
2020-09-30	$£44.18 M	-0.61%
2019-09-30	$£44.45 M	12.78%
2018-09-30	$£39.41 M	6.77%
2017-09-30	$£36.91 M	0.28%
2016-09-30	$£36.81 M	19.57%
2015-09-30	$£30.78 M	8.87%
2014-09-30	$£28.27 M	0.89%
2013-09-30	$£28.02 M	0.69%
2012-09-30	$£27.83 M	-2.44%
2011-09-30	$£28.53 M	2.02%
2010-09-30	$£27.96 M	11.81%
2009-09-30	$£25.01 M	-2.73%
2008-09-30	$£25.71 M	8.01%
2007-09-30	$£23.8 M	-7.54%
2006-09-30	$£25.74 M	86.31%
2005-09-30	$£13.82 M	8.4%
2004-09-30	$£12.74 M	-6.22%
2003-09-30	$£13.59 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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Magyar Bancorp (MGYR) - Net assets