McGrath RentCorp (MGRC) - Net assets

Net assets on the balance sheet as of September 2024 : HK$8.51 Billion

According to McGrath RentCorp 's latest financial reports the company has HK$8.51 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

McGrath RentCorp - Net assets on balance sheet (from 2001 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$HK$7.29 B	16.1%
2022-12-31	$HK$6.28 B	10.05%
2021-12-31	$HK$5.70 B	7.87%
2020-12-31	$HK$5.29 B	7.16%
2019-12-31	$HK$4.93 B	10.33%
2018-12-31	$HK$4.47 B	9.28%
2017-12-31	$HK$4.09 B	33.95%
2016-12-31	$HK$3.05 B	3.9%
2015-12-31	$HK$2.94 B	-10.63%
2014-12-31	$HK$3.29 B	5.89%
2013-12-31	$HK$3.10 B	9.99%
2012-12-31	$HK$2.82 B	9.26%
2011-12-31	$HK$2.58 B	12.72%
2010-12-31	$HK$2.29 B	10.71%
2009-12-31	$HK$2.07 B	7.38%
2008-12-31	$HK$1.93 B	1.48%
2007-12-31	$HK$1.90 B	4.43%
2006-12-31	$HK$1.82 B	16.53%
2005-12-31	$HK$1.56 B	20.56%
2004-12-31	$HK$1.29 B	13.92%
2003-12-31	$HK$1.13 B	2.71%
2002-12-31	$HK$1.10 B	5.65%
2001-12-31	$HK$1.04 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
H&E Equipment Services HEES	HK$4.64 B	-45.41%	🇺🇸 USA
United Rentals URI	HK$66.78 B	684.33%	🇺🇸 USA
Aaron's AAN	HK$5.11 B	-39.89%	🇺🇸 USA
Rent-A-Center RCII	HK$4.08 B	-52.00%	🇺🇸 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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