Magnitogorsk Iron & Steel Works PJSC (MIC:MAGN) Total Equity: ₽663,309 Mil (As of Dec. 2023)


MIC:MAGN Magnitogorsk Iron & Steel Works PJSC MIC:MAGN
17 GF Score
Price ₽17.67
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What is Magnitogorsk Iron & Steel Works PJSC Total Equity?

Magnitogorsk Iron & Steel Works PJSC MIC:MAGN -6.46% 17 Total Equity is ₽663,309 Mil as of Dec. 2023. GuruFocus rates MIC:MAGN with a GF Score™ of 17/100.

Magnitogorsk Iron & Steel Works PJSC's total equity for the quarter that ended in Dec. 2023 was ₽663,309 Mil.

This is Residual interest, including minority interest, that remains in the assets of the enterprise after deducting its liabilities. Equity is increased by owners’ investments and by comprehensive income, and it is reduced by distributions to the owners.

Magnitogorsk Iron & Steel Works PJSC Total Equity Historical Data

* Premium members only.

The historical data trend for Magnitogorsk Iron & Steel Works PJSC's Total Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Magnitogorsk Iron & Steel Works PJSC Total Equity Chart

Magnitogorsk Iron & Steel Works PJSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 342,157.47 339,828.00 470,214.00 535,434.00 663,309.00

Magnitogorsk Iron & Steel Works PJSC Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Total Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 470,214.00 0.00 535,434.00 595,420.00 663,309.00
MIC:MAGN
17GF Score
Magnitogorsk Iron & Steel Works PJSC MIC:MAGN
Total Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Magnitogorsk Iron & Steel Works PJSC Total Equity Calculation

Total Equity and Total Liabilities are the two components for Total Assets.

Magnitogorsk Iron & Steel Works PJSC's Total Equity for the fiscal year that ended in Dec. 2023 is calculated as

Total Equity=Total Assets(Q: Dec. 2023 )-Total Liabilities(Q: Dec. 2023 )
=902002-238693
=663,309

Magnitogorsk Iron & Steel Works PJSC's Total Equity for the quarter that ended in Dec. 2023 is calculated as

Total Equity=Total Assets(Q: Dec. 2023 )-Total Liabilities(Q: Dec. 2023 )
=902002-238693
=663,309

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Total Equity →
What does a Total Equity of ₽663,309 Mil mean?
Magnitogorsk Iron & Steel Works PJSC (MIC:MAGN) has a Total Equity of ₽663,309 Mil as of Dec. 2023. The total amount of equity as record on a company's balance sheet. View historical data for Magnitogorsk Iron & Steel Works PJSC and its competitors.
Is Magnitogorsk Iron & Steel Works PJSC's Total Equity too high?
Magnitogorsk Iron & Steel Works PJSC's current Total Equity is ₽663,309 Mil. Overall, Magnitogorsk Iron & Steel Works PJSC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Magnitogorsk Iron & Steel Works PJSC's Total Equity compare to NUE and STLD?
Magnitogorsk Iron & Steel Works PJSC's Total Equity of ₽663,309 Mil can be compared against companies in the Steel industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Equity for a Steel company?
A good Total Equity depends on the Steel industry context. However, Total Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Equity mean?
A high Total Equity can signal that a stock is expensive relative to its fundamentals. The total amount of equity as record on a company's balance sheet. View historical data for Magnitogorsk Iron & Steel Works PJSC and its competitors. Magnitogorsk Iron & Steel Works PJSC's current Total Equity is ₽663,309 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Magnitogorsk Iron & Steel Works PJSC stock overvalued right now?
Magnitogorsk Iron & Steel Works PJSC (MIC:MAGN) has a current Total Equity of ₽663,309 Mil. The current Total Equity is ₽663,309 Mil. Magnitogorsk Iron & Steel Works PJSC's overall GF Score™ is 17/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Equity calculated?
Total Equity is calculated from a company's financial statements. For Magnitogorsk Iron & Steel Works PJSC (MIC:MAGN), the current Total Equity is ₽663,309 Mil as of Dec. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Magnitogorsk Iron & Steel Works PJSC Business Description

Address 93, Kirov Street, Chelyabinsk region, Magnitogorsk, RUS, 455000
Magnitogorsk Iron & Steel Works PJSC is a steel producer in Russia. The company's output includes a broad range of steel products with a portion being high-value-added. In Russia, the company operates a large steel-producing complex encompassing the entire production chain from iron-ore processing to downstream production of rolled steel. The company sells the majority of its metal products in Russia. The company's financial results are divided into three segments: the Russian steel segment; the Turkish steel segment; and the coal segment. The steel segment accounts for the vast majority of the company's revenue.
17GF Score

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₽17.67
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