PSC Insurance Group (PSI.AX)

Net assets on the balance sheet as of June 2024 : NZ$0.56 Billion

According to PSC Insurance Group's latest financial reports the company has NZ$0.56 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

PSC Insurance Group - Net assets on balance sheet (from 2016 to 2024)

Net assets by year

Year	Net assets	Change
2023-06-30	$NZ$0.49 B	10.06%
2022-06-30	$NZ$0.45 B	21.33%
2021-06-30	$NZ$0.37 B	42.43%
2020-06-30	$NZ$0.26 B	62.33%
2019-06-30	$NZ$0.16 B	1.31%
2018-06-30	$NZ$0.15 B	93.91%
2017-06-30	$NZ$81.97 M	15.31%
2016-06-30	$NZ$71.09 M

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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PSC Insurance Group (PSI.AX) - Net assets