M&G plc (MNG.L) - Net Assets

Net assets on the balance sheet as of December 2023 : NZ$8.90 Billion

According to M&G plc's latest financial reports the company has NZ$8.90 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

M&G plc - Net assets on balance sheet (from 2018 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$NZ$5.39 B	-48.95%
2021-12-31	$NZ$10.56 B	0.12%
2020-12-31	$NZ$10.55 B	5.61%
2019-12-31	$NZ$9.99 B	-40.91%
2018-12-31	$NZ$16.90 B	-6.62%
2017-12-31	$NZ$18.10 B	28.8%
2016-12-31	$NZ$14.05 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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M&G plc (MNG.L) - Net assets