The Pennant Group (PNTG)

Net assets on the balance sheet as of September 2024 : HK$1.45 Billion

According to The Pennant Group's latest financial reports the company has HK$1.45 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

The Pennant Group - Net assets on balance sheet (from 2018 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$HK$1.13 B	15.76%
2022-12-31	$HK$0.98 B	10.21%
2021-12-31	$HK$0.89 B	13.58%
2020-12-31	$HK$0.78 B	41.62%
2019-12-31	$HK$0.55 B	8.32%
2018-12-31	$HK$0.51 B	9.22%
2017-12-31	$HK$0.46 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Option Care Health OPCH	HK$11.10 B	661.52%	🇺🇸 USA
LHC Group LHCG	HK$13.27 B	810.60%	🇺🇸 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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The Pennant Group (PNTG) - Net assets

Net assets on the balance sheet as of September 2024 : HK$1.45 Billion