Hippo (HIPO) - Net Assets

Net assets on the balance sheet as of September 2024 : S$0.44 Billion

According to Hippo's latest financial reports the company has S$0.44 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2023-12-31	$S$0.50 B	-36.14%
2022-12-31	$S$0.79 B	-31.7%
2021-12-31	$S$1.16 B	-541.39%
2020-12-31	$-S$0.27 Billion

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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Hippo (HIPO) - Net assets