Heritage Insurance (HRTG)

Net assets on the balance sheet as of June 2024 : HK$1.99 B

According to Heritage Insurance's latest financial reports the company has HK$1.99 B 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	-61.72%
2021-12-31	$HK$2.67 B	-22.01%
2020-12-31	$HK$3.42 B	-1.88%
2019-12-31	$HK$3.49 B	4.95%
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	0.45%
2015-12-31	$HK$2.76 B	39.63%
2014-12-31	$HK$1.97 B	219.09%
2013-12-31	$HK$0.62 B	184.58%
2012-12-31	$HK$0.21 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Arch Capital ACGL	HK$161.08 B	7,993.35%	🇧🇲 Bermuda
RLI Corp. RLI	HK$12.35 B	520.64%	🇺🇸 USA
W. R. Berkley WRB	HK$60.70 B	2,949.76%	🇺🇸 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 June 2024 : HK$1.99 B