The Pennant Group (PNTG)

Net assets on the balance sheet as of September 2024 : A$0.29 Billion

According to The Pennant Group's latest financial reports the company has A$0.29 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

The Pennant Group - Net assets on balance sheet (from 2018 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$A$0.21 B	15.67%
2022-12-31	$A$0.18 B	17.18%
2021-12-31	$A$0.15 B	19.77%
2020-12-31	$A$0.13 B	29.55%
2019-12-31	$A$0.10 B	9.59%
2018-12-31	$A$92.67 M	20.76%
2017-12-31	$A$76.74 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Option Care Health OPCH	A$2.28 B	661.52%	🇺🇸 USA
LHC Group LHCG	A$2.72 B	810.60%	🇺🇸 USA

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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The Pennant Group (PNTG) - Net assets

Net assets on the balance sheet as of September 2024 : A$0.29 Billion