MAG Interactive (MAGI.ST)

Net assets on the balance sheet as of May 2024 : HK$0.24 Billion

According to MAG Interactive's latest financial reports the company has HK$0.24 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

MAG Interactive - Net assets on balance sheet (from 2018 to 2024)

Net assets by year

Year	Net assets	Change
2023-08-31	$HK$0.24 B	-0.61%
2022-08-31	$HK$0.24 B	-15.37%
2021-08-31	$HK$0.29 B	3.45%
2020-08-31	$HK$0.28 B	6.76%
2019-08-31	$HK$0.26 B	-10.74%
2018-08-31	$HK$0.29 B	205.15%
2017-08-31	$HK$97.09 M	-5.85%
2016-08-31	$HK$0.10 B	19.37%
2015-08-31	$HK$86.39 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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MAG Interactive (MAGI.ST) - Net assets