Mahanagar Gas (MGL.NS)

Net assets on the balance sheet as of March 2024 : £0.46 B

According to Mahanagar Gas's latest financial reports the company has £0.46 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Mahanagar Gas - Net assets on balance sheet (from 2016 to 2024)

Net assets by year

Year	Net assets	Change
2023-03-31	$£0.40 B	13%
2022-03-31	$£0.36 B	12.66%
2021-03-31	$£0.32 B	1.41%
2020-03-31	$£0.31 B	19.19%
2019-03-31	$£0.26 B	15.36%
2018-03-31	$£0.22 B	1.5%
2017-03-31	$£0.22 B	24.69%
2016-03-31	$£0.18 B	4.67%
2015-03-31	$£0.17 B	33.2%
2014-03-31	$£0.13 B	-9.19%
2013-03-31	$£0.14 B	9.21%
2012-03-31	$£0.13 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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Mahanagar Gas (MGL.NS) - Net assets