American Coastal Insurance Corporation (ACIC)

Net assets on the balance sheet as of June 2024 : A$0.33 B

According to American Coastal Insurance Corporation's latest financial reports the company has A$0.33 B 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	$-A$0.27 B	-158.59%
2021-12-31	$A$0.45 B	-15.76%
2020-12-31	$A$0.54 B	-27.28%
2019-12-31	$A$0.74 B	-2.81%
2018-12-31	$A$0.76 B	11.45%
2017-12-31	$A$0.68 B	105.5%
2016-12-31	$A$0.33 B	1.95%
2015-12-31	$A$0.32 B	32.16%
2014-12-31	$A$0.24 B	106.01%
2013-12-31	$A$0.12 B	42.14%
2012-12-31	$A$84.86 M	58.24%
2011-12-31	$A$53.62 M	19.88%
2010-12-31	$A$44.73 M	-16.77%
2009-12-31	$A$53.74 M	-13.52%
2008-12-31	$A$62.15 M	17.81%
2007-12-31	$A$52.75 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Oxford Lane Capital OXLC	A$1.75 B	424.98%	🇺🇸 USA
Oxford Square Capital OXSQ	A$0.22 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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American Coastal Insurance Corporation (ACIC) - Net assets

Net assets on the balance sheet as of June 2024 : A$0.33 B