MA Financial Group (MAF.AX)

Net assets on the balance sheet as of December 2023 : $0.31 Billion USD

According to MA Financial Group's latest financial reports the company has $0.31 Billion USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

MA Financial Group - Net assets on balance sheet (from 2017 to 2023)

Net assets by year

Year	Net assets	Change
2023-12-31	$$0.31 B	12.72%
2022-12-31	$$0.27 B	3.9%
2021-12-31	$$0.26 B	47.3%
2020-12-31	$$0.18 B	14.53%
2019-12-31	$$0.15 B	-6.27%
2018-12-31	$$0.16 B	0.78%
2017-12-31	$$0.16 B	295.17%
2016-12-31	$$42.6 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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MA Financial Group (MAF.AX) - Net assets