Mahanagar Gas (MGL.NS)

Net assets on the balance sheet as of September 2024 : NZ$1.10 Billion

According to Mahanagar Gas's latest financial reports the company has NZ$1.10 Billion 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	$NZ$0.80 B	18.01%
2022-03-31	$NZ$0.68 B	8.13%
2021-03-31	$NZ$0.62 B	-3.41%
2020-03-31	$NZ$0.65 B	28.3%
2019-03-31	$NZ$0.50 B	14.27%
2018-03-31	$NZ$0.44 B	9.6%
2017-03-31	$NZ$0.40 B	7.49%
2016-03-31	$NZ$0.37 B	10.28%
2015-03-31	$NZ$0.34 B	36.83%
2014-03-31	$NZ$0.25 B	-3.92%
2013-03-31	$NZ$0.26 B	1.79%
2012-03-31	$NZ$0.25 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