Porch Group (PRCH) - Net Assets

Net assets on the balance sheet as of June 2024 : -€96.53 Million

According to Porch Group's latest financial reports the company has -€96.53 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Porch Group - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$€73.97 M	-61.4%
2021-12-31	$€0.19 B	119.64%
2020-12-31	$€87.25 M	-262.97%
2019-12-31	$-€53.55 Million

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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Porch Group (PRCH) - Net assets