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

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What is Magnitogorsk Iron & Steel Works PJSC Total Equity?

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

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.

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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

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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															470,214.00	-	535,434.00	595,420.00	663,309.00

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

Magnitogorsk Iron & Steel Works PJSC Total Equity Related Terms

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Magnitogorsk Iron & Steel Works PJSC Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Magnitogorsk Iron & Steel Works PJSC (MIC:MAGN) » Definitions » Total Equity

Comparable Companies

Traded in Other Exchanges

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Address

93, Kirov Street, Chelyabinsk region, Magnitogorsk, RUS, 455000

Website

https://www.mmk.ru

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.