Mahanagar Gas (MGL.NS)

Net assets on the balance sheet as of September 2024 : S$0.87 Billion

According to Mahanagar Gas's latest financial reports the company has S$0.87 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	$S$0.66 B	4.21%
2022-03-31	$S$0.64 B	8.23%
2021-03-31	$S$0.59 B	6.33%
2020-03-31	$S$0.55 B	19.08%
2019-03-31	$S$0.46 B	11.03%
2018-03-31	$S$0.42 B	6.27%
2017-03-31	$S$0.39 B	12.77%
2016-03-31	$S$0.35 B	-0.33%
2015-03-31	$S$0.35 B	29.34%
2014-03-31	$S$0.27 B	0.99%
2013-03-31	$S$0.27 B	2.48%
2012-03-31	$S$0.26 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