PSC Insurance Group (PSI.AX)

Net assets on the balance sheet as of June 2024 : A$0.50 Billion

According to PSC Insurance Group's latest financial reports the company has A$0.50 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	$A$0.45 B	11.49%
2022-06-30	$A$0.40 B	18%
2021-06-30	$A$0.34 B	41.67%
2020-06-30	$A$0.24 B	58.6%
2019-06-30	$A$0.15 B	6.02%
2018-06-30	$A$0.14 B	86.5%
2017-06-30	$A$77.97 M	15%
2016-06-30	$A$67.8 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