Magyar Bancorp (MGYR)

Net assets on the balance sheet as of June 2024 : $0.10 Billion USD

According to Magyar Bancorp's latest financial reports the company has $0.10 Billion USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Magyar Bancorp - Net assets on balance sheet (from 2005 to 2024)

Net assets by year

Year	Net assets	Change
2023-09-30	$$0.10 B	6.38%
2022-09-30	$$98.5 M	0.88%
2021-09-30	$$97.64 M	71.75%
2020-09-30	$$56.85 M	4.02%
2019-09-30	$$54.65 M	6.4%
2018-09-30	$$51.36 M	3.85%
2017-09-30	$$49.45 M	3.63%
2016-09-30	$$47.72 M	2.26%
2015-09-30	$$46.66 M	1.6%
2014-09-30	$$45.93 M	1.35%
2013-09-30	$$45.32 M	0.7%
2012-09-30	$$45 M	1.11%
2011-09-30	$$44.5 M	0.75%
2010-09-30	$$44.17 M	10.37%
2009-09-30	$$40.02 M	-12.65%
2008-09-30	$$45.82 M	-4.91%
2007-09-30	$$48.19 M	-0.04%
2006-09-30	$$48.21 M	97.69%
2005-09-30	$$24.38 M	5.52%
2004-09-30	$$23.11 M	2%
2003-09-30	$$22.65 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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Magyar Bancorp (MGYR) - Net assets