Erie Indemnity (ERIE) - Net assets

Net assets on the balance sheet as of June 2024 : A$2.74 B

According to Erie Indemnity's latest financial reports the company has A$2.74 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Erie Indemnity - Net assets on balance sheet (from 2001 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$A$2.44 B	14.67%
2022-12-31	$A$2.12 B	15.28%
2021-12-31	$A$1.84 B	19.75%
2020-12-31	$A$1.54 B	-4.36%
2019-12-31	$A$1.61 B	16.68%
2018-12-31	$A$1.38 B	25.81%
2017-12-31	$A$1.09 B	-3.1%
2016-12-31	$A$1.13 B	7.28%
2015-12-31	$A$1.05 B	23.2%
2014-12-31	$A$0.85 B	-89.87%
2013-12-31	$A$8.46 B	29.23%
2012-12-31	$A$6.54 B	6.72%
2011-12-31	$A$6.13 B	-1.9%
2010-12-31	$A$6.25 B	-2.26%
2009-12-31	$A$6.40 B	458.29%
2008-12-31	$A$1.14 B	-4.7%
2007-12-31	$A$1.20 B	-18.37%
2006-12-31	$A$1.47 B	-15.66%
2005-12-31	$A$1.74 B	6.74%
2004-12-31	$A$1.63 B	4.53%
2003-12-31	$A$1.56 B	-10.63%
2002-12-31	$A$1.75 B	3.37%
2001-12-31	$A$1.69 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
American Financial Group AFG	A$6.57 B	139.72%	🇺🇸 USA
Genworth Financial GNW	A$14.02 B	411.43%	🇺🇸 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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