Heritage Insurance (HRTG)

Net assets on the balance sheet as of September 2024 : HK$2.17 Billion

According to Heritage Insurance's latest financial reports the company has HK$2.17 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Heritage Insurance - Net assets on balance sheet (from 2013 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$HK$1.02 B	-61.73%
2021-12-31	$HK$2.67 B	-21.99%
2020-12-31	$HK$3.42 B	-1.89%
2019-12-31	$HK$3.49 B	4.94%
2018-12-31	$HK$3.33 B	12.24%
2017-12-31	$HK$2.96 B	6.91%
2016-12-31	$HK$2.77 B	0.44%
2015-12-31	$HK$2.76 B	39.67%
2014-12-31	$HK$1.97 B	219.01%
2013-12-31	$HK$0.62 B	184.56%
2012-12-31	$HK$0.21 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Arch Capital ACGL	HK$173.04 B	7,873.68%	🇧🇲 Bermuda
RLI Corp. RLI	HK$13.58 B	525.88%	🇺🇸 USA
W. R. Berkley WRB	HK$65.56 B	2,921.15%	🇺🇸 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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Heritage Insurance (HRTG) - Net assets

Net assets on the balance sheet as of September 2024 : HK$2.17 Billion