Morgan Advanced Materials (MGAM.L) - Net assets

Net assets on the balance sheet as of December 2023 : NZ$0.88 Billion

According to Morgan Advanced Materials's latest financial reports the company has NZ$0.88 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Morgan Advanced Materials - Net assets on balance sheet (from 2004 to 2023)

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$0.80 B	-1.91%
2022-12-31	$NZ$0.81 B	18.49%
2021-12-31	$NZ$0.69 B	52.38%
2020-12-31	$NZ$0.45 B	-25.29%
2019-12-31	$NZ$0.60 B	15.9%
2018-12-31	$NZ$0.52 B	17.44%
2017-12-31	$NZ$0.44 B	51.97%
2016-12-31	$NZ$0.29 B	-27.31%
2015-12-31	$NZ$0.40 B	8.21%
2014-12-31	$NZ$0.37 B	-32.21%
2013-12-31	$NZ$0.55 B	3.1%
2012-12-31	$NZ$0.53 B	-0.83%
2011-12-31	$NZ$0.53 B	6.67%
2010-12-31	$NZ$0.50 B	5.51%
2009-12-31	$NZ$0.47 B	-8.98%
2008-12-31	$NZ$0.52 B	3.18%
2007-12-31	$NZ$0.50 B	-9.84%
2006-12-31	$NZ$0.56 B	14.37%
2005-12-31	$NZ$0.49 B	19.87%
2004-12-31	$NZ$0.41 B	-42.38%
2003-12-31	$NZ$0.71 B	-33.4%
2002-12-31	$NZ$1.07 B	-27.06%
2001-12-31	$NZ$1.47 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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