American Coastal Insurance Corporation (ACIC) - Net assets

Net assets on the balance sheet as of June 2024 : HK$1.73 Billion

According to American Coastal Insurance Corporation's latest financial reports the company has HK$1.73 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

American Coastal Insurance Corporation - Net assets on balance sheet (from 2007 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$-HK$1.43 Billion	-154.95%
2021-12-31	$HK$2.58 B	-20.04%
2020-12-31	$HK$3.23 B	-20.65%
2019-12-31	$HK$4.07 B	-3.58%
2018-12-31	$HK$4.23 B	0.84%
2017-12-31	$HK$4.19 B	124.25%
2016-12-31	$HK$1.87 B	0.93%
2015-12-31	$HK$1.85 B	17.31%
2014-12-31	$HK$1.58 B	89.45%
2013-12-31	$HK$0.83 B	22.33%
2012-12-31	$HK$0.68 B	59.68%
2011-12-31	$HK$0.42 B	21.17%
2010-12-31	$HK$0.35 B	-5.43%
2009-12-31	$HK$0.37 B	12.36%
2008-12-31	$HK$0.33 B	-7.71%
2007-12-31	$HK$0.35 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Oxford Lane Capital OXLC	HK$9.11 B	424.98%	🇺🇸 USA
Oxford Square Capital OXSQ	HK$1.18 B	-31.68%	🇺🇸 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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