Hippo (HIPO) - Net Assets

Net assets on the balance sheet as of June 2024 : C$0.45 Billion

According to Hippo's latest financial reports the company has C$0.45 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	$C$0.51 B	-36.64%
2022-12-31	$C$0.80 B	-26.67%
2021-12-31	$C$1.09 B	-531.72%
2020-12-31	$-C$0.26 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