Palomar Holdings (PLMR)

Net assets on the balance sheet as of June 2024 : HK$4.14 Billion

According to Palomar Holdings's latest financial reports the company has HK$4.14 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	$HK$3.68 B	22.43%
2022-12-31	$HK$3.00 B	-2.19%
2021-12-31	$HK$3.07 B	9.01%
2020-12-31	$HK$2.81 B	65.65%
2019-12-31	$HK$1.70 B	125.73%
2018-12-31	$HK$0.75 B	23.08%
2017-12-31	$HK$0.61 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
ProAssurance PRA	HK$8.80 B	112.62%	🇺🇸 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 June 2024 : HK$4.14 Billion