Mount Gibson Iron (MGX.AX) - Net assets

Net assets on the balance sheet as of June 2024 : HK$2.84 Billion

According to Mount Gibson Iron's latest financial reports the company has HK$2.84 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Mount Gibson Iron - Net assets on balance sheet (from 2002 to 2024)

Net assets by year

Year	Net assets	Change
2023-06-30	$HK$2.79 B	-2.77%
2022-06-30	$HK$2.87 B	-31.45%
2021-06-30	$HK$4.19 B	17.52%
2020-06-30	$HK$3.57 B	6.25%
2019-06-30	$HK$3.36 B	16.48%
2018-06-30	$HK$2.88 B	14.87%
2017-06-30	$HK$2.51 B	10.63%
2016-06-30	$HK$2.27 B	24.98%
2015-06-30	$HK$1.81 B	-80.27%
2014-06-30	$HK$9.21 B	9.93%
2013-06-30	$HK$8.38 B	-17.44%
2012-06-30	$HK$10.14 B	4.57%
2011-06-30	$HK$9.70 B	59.83%
2010-06-30	$HK$6.07 B	24.55%
2009-06-30	$HK$4.87 B	9.45%
2008-06-30	$HK$4.45 B	48.18%
2007-06-30	$HK$3.00 B	377.54%
2006-06-30	$HK$0.62 B	20.33%
2005-06-30	$HK$0.52 B	315.22%
2004-06-30	$HK$0.12 B	15.5%
2003-06-30	$HK$0.10 B	19.98%
2002-06-30	$HK$90.93 M	1040.03%
2001-06-30	$HK$7.97 M

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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