Magellan Financial Group (MFG.AX)

Net assets on the balance sheet as of June 2024 : $0.68 B

According to Magellan Financial Group's latest financial reports the company has $0.68 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Magellan Financial Group - Net assets on balance sheet (from 2005 to 2024)

Net assets by year

Year	Net assets	Change
2023-06-30	$$0.64 B	-9.65%
2022-06-30	$$0.70 B	-4.32%
2021-06-30	$$0.74 B	2.95%
2020-06-30	$$0.72 B	39.84%
2019-06-30	$$0.51 B	12.22%
2018-06-30	$$0.45 B	33.65%
2017-06-30	$$0.34 B	30.24%
2016-06-30	$$0.26 B	12.76%
2015-06-30	$$0.23 B	20.2%
2014-06-30	$$0.19 B	39.18%
2013-06-30	$$0.13 B	-7.23%
2012-06-30	$$0.15 B	12.39%
2011-06-30	$$0.13 B	41.83%
2010-06-30	$$94.58 M	15.3%
2009-06-30	$$82.03 M	-15.79%
2008-06-30	$$97.42 M	65.67%
2007-06-30	$$58.8 M	126.78%
2006-06-30	$$25.93 M	21.06%
2005-06-30	$$21.42 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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Magellan Financial Group (MFG.AX) - Net assets