MAG Silver (MAG) - Net assets

Net assets on the balance sheet as of September 2024 : HK$4.44 Billion

According to MAG Silver's latest financial reports the company has HK$4.44 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

MAG Silver - Net assets on balance sheet (from 2003 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$HK$3.95 B	26.1%
2022-12-31	$HK$3.13 B	9.52%
2021-12-31	$HK$2.86 B	16.74%
2020-12-31	$HK$2.45 B	46.44%
2019-12-31	$HK$1.67 B	0.09%
2018-12-31	$HK$1.67 B	-2.66%
2017-12-31	$HK$1.72 B	26.14%
2016-12-31	$HK$1.36 B	14.18%
2015-12-31	$HK$1.19 B	-6.81%
2014-12-31	$HK$1.28 B	63.08%
2013-12-31	$HK$0.78 B	-21.52%
2012-12-31	$HK$1.00 B	27.77%
2011-12-31	$HK$0.78 B	-4.39%
2010-12-31	$HK$0.82 B	37.21%
2009-12-31	$HK$0.59 B	0.51%
2008-12-31	$HK$0.59 B	-10.55%
2007-12-31	$HK$0.66 B	436.15%
2006-12-31	$HK$0.12 B	5.03%
2005-12-31	$HK$0.11 B	88%
2004-12-31	$HK$62.78 M	26.15%
2003-12-31	$HK$49.77 M	2776.95%
2002-12-31	$HK$1.73 M	264.6%
2001-12-31	$HK$0.47 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Emerson EMR	HK$204.99 B	4,516.32%	🇺🇸 USA
General Electric GE	HK$152.04 B	3,323.87%	🇺🇸 USA
Woodward WWD	HK$17.16 B	286.47%	🇺🇸 USA
Columbus McKinnon CMCO	HK$6.77 B	52.53%	🇺🇸 USA

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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