Magellan Midstream Partners (MMP) - Net assets

Net assets on the balance sheet as of June 2023 : C$2.37 Billion

According to Magellan Midstream Partners 's latest financial reports the company has C$2.37 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Magellan Midstream Partners - Net assets on balance sheet (from 2001 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$C$2.28 B	-5.57%
2021-12-31	$C$2.42 B	-17.58%
2020-12-31	$C$2.93 B	-17.16%
2019-12-31	$C$3.54 B	-1.52%
2018-12-31	$C$3.60 B	34.49%
2017-12-31	$C$2.67 B	-4.77%
2016-12-31	$C$2.81 B	0.25%
2015-12-31	$C$2.80 B	29.36%
2014-12-31	$C$2.16 B	23.63%
2013-12-31	$C$1.75 B	16.35%
2012-12-31	$C$1.50 B	1.25%
2011-12-31	$C$1.48 B	1.33%
2010-12-31	$C$1.46 B	16.7%
2009-12-31	$C$1.25 B	8.36%
2008-12-31	$C$1.16 B	33.67%
2007-12-31	$C$0.86 B	-7.45%
2006-12-31	$C$0.93 B	-0.18%
2005-12-31	$C$0.94 B	-0.75%
2004-12-31	$C$0.94 B	46.67%
2003-12-31	$C$0.64 B	-9.43%
2002-12-31	$C$0.71 B	97.17%
2001-12-31	$C$0.36 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Plains All American Pipeline PAA	C$17.97 B	657.60%	🇺🇸 USA
Holly Energy Partners HEP	N/A	N/A	🇺🇸 USA
NuStar Energy NS	C$1.40 B	-40.57%	🇺🇸 USA
MPLX MPLX	C$20.09 B	747.13%	🇺🇸 USA
Delek Logistics Partners DKL	C$24.17 M	-98.98%	🇺🇸 USA
Genesis Energy L.P. GEL	C$0.97 B	-58.70%	🇺🇸 USA

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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