Mount Gibson Iron (MGX.AX) - Net assets

Net assets on the balance sheet as of June 2024 : NZ$0.64 Billion

According to Mount Gibson Iron's latest financial reports the company has NZ$0.64 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Mount Gibson Iron - Net assets on balance sheet (from 2002 to 2024)

Net assets by year

Year	Net assets	Change
2023-06-30	$NZ$0.58 B	-0.14%
2022-06-30	$NZ$0.58 B	-23.84%
2021-06-30	$NZ$0.77 B	7.88%
2020-06-30	$NZ$0.71 B	12.02%
2019-06-30	$NZ$0.64 B	17.87%
2018-06-30	$NZ$0.54 B	23.29%
2017-06-30	$NZ$0.44 B	7.19%
2016-06-30	$NZ$0.41 B	19.87%
2015-06-30	$NZ$0.34 B	-74.68%
2014-06-30	$NZ$1.35 B	-2.94%
2013-06-30	$NZ$1.39 B	-14.42%
2012-06-30	$NZ$1.63 B	7.99%
2011-06-30	$NZ$1.50 B	32.71%
2010-06-30	$NZ$1.13 B	16.76%
2009-06-30	$NZ$0.97 B	29.9%
2008-06-30	$NZ$0.75 B	49.89%
2007-06-30	$NZ$0.50 B	276.36%
2006-06-30	$NZ$0.13 B	37.59%
2005-06-30	$NZ$96.63 M	279.29%
2004-06-30	$NZ$25.47 M	6.01%
2003-06-30	$NZ$24.03 M	0.18%
2002-06-30	$NZ$23.98 M	853.73%
2001-06-30	$NZ$2.51 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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