Mount Gibson Iron (MGX.AX) - Net assets

Net assets on the balance sheet as of June 2024 : HK$2.83 Billion

According to Mount Gibson Iron's latest financial reports the company has HK$2.83 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	$HK$2.84 B	1.08%
2023-06-30	$HK$2.81 B	-2.41%
2022-06-30	$HK$2.88 B	-31.13%
2021-06-30	$HK$4.18 B	16.77%
2020-06-30	$HK$3.58 B	6.72%
2019-06-30	$HK$3.36 B	16.48%
2018-06-30	$HK$2.88 B	14.95%
2017-06-30	$HK$2.51 B	10.85%
2016-06-30	$HK$2.26 B	24.31%
2015-06-30	$HK$1.82 B	-80.24%
2014-06-30	$HK$9.22 B	10.2%
2013-06-30	$HK$8.36 B	-17.54%
2012-06-30	$HK$10.14 B	4.31%
2011-06-30	$HK$9.73 B	59.12%
2010-06-30	$HK$6.11 B	24.97%
2009-06-30	$HK$4.89 B	10%
2008-06-30	$HK$4.44 B	47.94%
2007-06-30	$HK$3.00 B	379.27%
2006-06-30	$HK$0.62 B	19.89%
2005-06-30	$HK$0.52 B	315.26%
2004-06-30	$HK$0.12 B	15.5%
2003-06-30	$HK$0.10 B	19.98%
2002-06-30	$HK$90.93 M	1040.03%
2001-06-30	$HK$7.97 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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