Mount Gibson Iron (MGX.AX) - Net assets

Net assets on the balance sheet as of June 2024 : C$0.50 Billion

According to Mount Gibson Iron's latest financial reports the company has C$0.50 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
2024-06-30	$C$0.49 B	4.79%
2023-06-30	$C$0.47 B	0.47%
2022-06-30	$C$0.47 B	-29.21%
2021-06-30	$C$0.66 B	6.42%
2020-06-30	$C$0.62 B	11.54%
2019-06-30	$C$0.56 B	16.49%
2018-06-30	$C$0.48 B	15.74%
2017-06-30	$C$0.41 B	10.46%
2016-06-30	$C$0.37 B	28.96%
2015-06-30	$C$0.29 B	-76.9%
2014-06-30	$C$1.26 B	11.93%
2013-06-30	$C$1.13 B	-14.84%
2012-06-30	$C$1.33 B	10.55%
2011-06-30	$C$1.20 B	44.98%
2010-06-30	$C$0.83 B	14.57%
2009-06-30	$C$0.72 B	24.84%
2008-06-30	$C$0.58 B	42.51%
2007-06-30	$C$0.40 B	354.7%
2006-06-30	$C$89.67 M	7.27%
2005-06-30	$C$83.6 M	288.49%
2004-06-30	$C$21.51 M	14.18%
2003-06-30	$C$18.84 M	6.64%
2002-06-30	$C$17.67 M	1040.83%
2001-06-30	$C$1.54 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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