Palomar Holdings (PLMR)

Net assets on the balance sheet as of September 2024 : NZ$1.19 Billion

According to Palomar Holdings's latest financial reports the company has NZ$1.19 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Palomar Holdings - Net assets on balance sheet (from 2018 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$0.74 B	22.97%
2022-12-31	$NZ$0.60 B	5.01%
2021-12-31	$NZ$0.57 B	14.48%
2020-12-31	$NZ$0.50 B	55.33%
2019-12-31	$NZ$0.32 B	126.06%
2018-12-31	$NZ$0.14 B	30.02%
2017-12-31	$NZ$0.11 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
ProAssurance PRA	NZ$1.93 B	61.01%	🇺🇸 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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Palomar Holdings (PLMR) - Net assets

Net assets on the balance sheet as of September 2024 : NZ$1.19 Billion