Magellan Financial Group (MFG.AX)

Net assets on the balance sheet as of June 2024 : HK$5.29 Billion

According to Magellan Financial Group's latest financial reports the company has HK$5.29 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Magellan Financial Group - Net assets on balance sheet (from 2005 to 2024)

Net assets by year

Year	Net assets	Change
2023-06-30	$HK$4.99 B	-9.89%
2022-06-30	$HK$5.54 B	-3.96%
2021-06-30	$HK$5.77 B	3.61%
2020-06-30	$HK$5.57 B	38.32%
2019-06-30	$HK$4.02 B	11.72%
2018-06-30	$HK$3.60 B	34.27%
2017-06-30	$HK$2.68 B	30.35%
2016-06-30	$HK$2.05 B	14.12%
2015-06-30	$HK$1.80 B	19.69%
2014-06-30	$HK$1.50 B	38.99%
2013-06-30	$HK$1.08 B	-7.25%
2012-06-30	$HK$1.16 B	11.72%
2011-06-30	$HK$1.04 B	43.8%
2010-06-30	$HK$0.72 B	14.59%
2009-06-30	$HK$0.63 B	-16.48%
2008-06-30	$HK$0.76 B	65.54%
2007-06-30	$HK$0.45 B	127.38%
2006-06-30	$HK$0.20 B	21.45%
2005-06-30	$HK$0.16 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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Magellan Financial Group (MFG.AX) - Net assets