Mahanagar Gas (MGL.NS)

Net assets on the balance sheet as of September 2024 : HK$5.14 Billion

According to Mahanagar Gas's latest financial reports the company has HK$5.14 Billion 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	$HK$3.95 B	6.45%
2022-03-31	$HK$3.71 B	8.51%
2021-03-31	$HK$3.42 B	12.69%
2020-03-31	$HK$3.03 B	11.97%
2019-03-31	$HK$2.71 B	7.36%
2018-03-31	$HK$2.52 B	14.47%
2017-03-31	$HK$2.20 B	9.28%
2016-03-31	$HK$2.01 B	1.48%
2015-03-31	$HK$1.98 B	18.36%
2014-03-31	$HK$1.68 B	-0.6%
2013-03-31	$HK$1.69 B	3.8%
2012-03-31	$HK$1.62 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