Mount Gibson Iron (MGX.AX)

Net assets on the balance sheet as of June 2024 : S$0.48 Billion

According to Mount Gibson Iron's latest financial reports the company has S$0.48 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	$S$0.48 B	-5.23%
2022-06-30	$S$0.51 B	-29.75%
2021-06-30	$S$0.72 B	13.23%
2020-06-30	$S$0.64 B	10.32%
2019-06-30	$S$0.58 B	16.13%
2018-06-30	$S$0.50 B	12.94%
2017-06-30	$S$0.44 B	12.58%
2016-06-30	$S$0.39 B	24.84%
2015-06-30	$S$0.31 B	-78.74%
2014-06-30	$S$1.48 B	8.49%
2013-06-30	$S$1.36 B	-17.42%
2012-06-30	$S$1.65 B	7.8%
2011-06-30	$S$1.53 B	40.94%
2010-06-30	$S$1.09 B	19.81%
2009-06-30	$S$0.91 B	17.29%
2008-06-30	$S$0.77 B	31.59%
2007-06-30	$S$0.59 B	359.78%
2006-06-30	$S$0.12 B	13.1%
2005-06-30	$S$0.11 B	308.03%
2004-06-30	$S$27.81 M	13.21%
2003-06-30	$S$24.56 M	19.22%
2002-06-30	$S$20.6 M	1005.65%
2001-06-30	$S$1.86 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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Mount Gibson Iron (MGX.AX) - Net assets