Mahanagar Gas (MGL.NS)

Net assets on the balance sheet as of March 2025 : $0.68 Billion USD

According to Mahanagar Gas's latest financial reports the company has $0.68 Billion USD 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 2025)

Net assets by year

Year	Net assets	Change
2025-03-31	$$0.68 B	11.97%
2024-03-31	$$0.61 B	22.41%
2023-03-31	$$0.50 B	6.19%
2022-03-31	$$0.47 B	7.32%
2021-03-31	$$0.44 B	12.65%
2020-03-31	$$0.39 B	13.45%
2019-03-31	$$0.34 B	7.35%
2018-03-31	$$0.32 B	13.45%
2017-03-31	$$0.28 B	8.74%
2016-03-31	$$0.26 B	1.34%
2015-03-31	$$0.25 B	19.08%
2014-03-31	$$0.21 B	-0.77%
2013-03-31	$$0.21 B	3.82%
2012-03-31	$$0.20 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