Montrose Environmental (MEG) - Net assets

Net assets on the balance sheet as of September 2024 : HK$3.49 Billion

According to Montrose Environmental's latest financial reports the company has HK$3.49 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Montrose Environmental - Net assets on balance sheet (from 2019 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$HK$3.70 B	1.69%
2022-12-31	$HK$3.64 B	-0.51%
2021-12-31	$HK$3.66 B	62.78%
2020-12-31	$HK$2.24 B	181.61%
2019-12-31	$HK$0.79 B	-12.17%
2018-12-31	$HK$0.90 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
E. W. Scripps Company SSP	HK$9.47 B	171.43%	🇺🇸 USA
New York Times NYT	HK$14.39 B	312.31%	🇺🇸 USA
Sinclair Broadcast SBGI	HK$2.71 B	-22.30%	🇺🇸 USA
Entravision Communications EVC	HK$1.61 B	-53.84%	🇺🇸 USA
Nexstar Media Group NXST	HK$17.41 B	398.90%	🇺🇸 USA
Daily Journal DJCO	HK$2.25 B	-35.51%	🇺🇸 USA
Lee Enterprises LEE	-HK$0.19 Billion	-105.38%	🇺🇸 USA
Gray Television GTN	HK$21.60 B	518.89%	🇺🇸 USA
Gannett GCI	HK$1.18 B	-66.02%	🇺🇸 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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