MP Materials (MP) - Net Assets

Net assets on the balance sheet as of September 2024 : NZ$1.89 Billion

According to MP Materials's latest financial reports the company has NZ$1.89 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

MP Materials - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$2.15 B	4.46%
2022-12-31	$NZ$2.06 B	39.99%
2021-12-31	$NZ$1.47 B	24.79%
2020-12-31	$NZ$1.18 B	-4522.37%
2019-12-31	$-NZ$26.76 Million

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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MP Materials (MP) - Net assets