M&G plc (MNG.L) - Net Assets

Net assets on the balance sheet as of December 2023 : S$7.08 Billion

According to M&G plc's latest financial reports the company has S$7.08 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

M&G plc - Net assets on balance sheet (from 2018 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$S$4.58 B	-52.94%
2021-12-31	$S$9.75 B	-3.15%
2020-12-31	$S$10.07 B	11.03%
2019-12-31	$S$9.07 B	-41.45%
2018-12-31	$S$15.49 B	-9.91%
2017-12-31	$S$17.19 B	22.04%
2016-12-31	$S$14.09 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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M&G plc (MNG.L) - Net assets