Magellan Financial Group (MFG.AX)

Net assets on the balance sheet as of June 2024 : NZ$1.16 Billion

According to Magellan Financial Group's latest financial reports the company has NZ$1.16 Billion 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	$NZ$1.05 B	-7.46%
2022-06-30	$NZ$1.13 B	6.7%
2021-06-30	$NZ$1.06 B	-4.89%
2020-06-30	$NZ$1.11 B	45.84%
2019-06-30	$NZ$0.76 B	13.05%
2018-06-30	$NZ$0.67 B	44.12%
2017-06-30	$NZ$0.47 B	26.3%
2016-06-30	$NZ$0.37 B	9.45%
2015-06-30	$NZ$0.34 B	53.57%
2014-06-30	$NZ$0.22 B	22.72%
2013-06-30	$NZ$0.18 B	-3.86%
2012-06-30	$NZ$0.18 B	15.37%
2011-06-30	$NZ$0.16 B	19.4%
2010-06-30	$NZ$0.13 B	7.42%
2009-06-30	$NZ$0.12 B	-0.87%
2008-06-30	$NZ$0.12 B	67.45%
2007-06-30	$NZ$76.49 M	79.2%
2006-06-30	$NZ$42.68 M	38.88%
2005-06-30	$NZ$30.73 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