Mahanagar Gas (MGL.NS)

Net assets on the balance sheet as of September 2024 : $0.66 Billion USD

According to Mahanagar Gas's latest financial reports the company has $0.66 Billion USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Mahanagar Gas - Net assets on balance sheet (from 2016 to 2024)

Net assets by year

Year	Net assets	Change
2023-03-31	$$0.50 B	6.14%
2022-03-31	$$0.47 B	7.79%
2021-03-31	$$0.44 B	12.39%
2020-03-31	$$0.39 B	13.36%
2019-03-31	$$0.34 B	7.36%
2018-03-31	$$0.32 B	13.31%
2017-03-31	$$0.28 B	9.05%
2016-03-31	$$0.26 B	1.49%
2015-03-31	$$0.25 B	18.4%
2014-03-31	$$0.21 B	-0.51%
2013-03-31	$$0.21 B	3.81%
2012-03-31	$$0.20 B

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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Mahanagar Gas (MGL.NS) - Net assets