Palomar Holdings (PLMR)

Net assets on the balance sheet as of September 2024 : A$1.12 Billion

According to Palomar Holdings's latest financial reports the company has A$1.12 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	$A$0.69 B	22.34%
2022-12-31	$A$0.56 B	3.99%
2021-12-31	$A$0.54 B	14.94%
2020-12-31	$A$0.47 B	51.53%
2019-12-31	$A$0.31 B	128.38%
2018-12-31	$A$0.13 B	36.09%
2017-12-31	$A$0.10 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
ProAssurance PRA	A$1.96 B	75.06%	🇺🇸 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 : A$1.12 Billion