As of 30 Oct 2024, Magnetite Mines net assets is $35.31M, an decrease of -10.27% to 2022. Net assets are calculated as total assets minus total liabilities. This value represents the Magnetite Mines overall net worth, providing an insight into company's financial health and stability. Net assets are a key indicator of a stock value, reflecting what it essentially owns minus what it owes.
Year | Net assets | Change |
---|---|---|
2023 | $35.31M | -10.27% |
2022 | $39.35M | 46.32% |
2021 | $26.89M | 230.41% |
2020 | $8.14M | 22.05% |
2019 | $6.67M | - |