Enact Holdings (ACT)

Net assets on the balance sheet as of September 2024 : NZ$8.95 Billion

According to Enact Holdings's latest financial reports the company has NZ$8.95 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Enact Holdings - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$7.32 B	13.41%
2022-12-31	$NZ$6.45 B	7.46%
2021-12-31	$NZ$6.01 B	11.72%
2020-12-31	$NZ$5.37 B	-5.33%
2019-12-31	$NZ$5.68 B

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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Enact Holdings (ACT) - Net assets