MAG Interactive (MAGI.ST)

Net assets on the balance sheet as of August 2024 : NZ$55.59 Million

According to MAG Interactive's latest financial reports the company has NZ$55.59 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

MAG Interactive - Net assets on balance sheet (from 2018 to 2024)

Net assets by year

Year	Net assets	Change
2023-08-31	$NZ$52.59 M	2.42%
2022-08-31	$NZ$51.35 M	-4.18%
2021-08-31	$NZ$53.59 M	-0.76%
2020-08-31	$NZ$54 M	1.12%
2019-08-31	$NZ$53.4 M	-5.93%
2018-08-31	$NZ$56.77 M	229.6%
2017-08-31	$NZ$17.22 M	-6.18%
2016-08-31	$NZ$18.35 M	6.43%
2015-08-31	$NZ$17.25 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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MAG Interactive (MAGI.ST) - Net assets