Citizens Inc (CIA) - Net assets

Net assets on the balance sheet as of June 2024 : NZ$0.30 B

According to Citizens Inc's latest financial reports the company has NZ$0.30 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Citizens Inc - Net assets on balance sheet (from 2001 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$NZ$1.64 M	-99.65%
2021-12-31	$NZ$0.46 B	11.87%
2020-12-31	$NZ$0.41 B	8.63%
2019-12-31	$NZ$0.38 B	37.69%
2018-12-31	$NZ$0.27 B	-11.11%
2017-12-31	$NZ$0.31 B	-12.48%
2016-12-31	$NZ$0.35 B	-0.44%
2015-12-31	$NZ$0.36 B	9.67%
2014-12-31	$NZ$0.32 B	10.04%
2013-12-31	$NZ$0.29 B	-6.74%
2012-12-31	$NZ$0.32 B	0.98%
2011-12-31	$NZ$0.31 B	7.28%
2010-12-31	$NZ$0.29 B	-1.15%
2009-12-31	$NZ$0.29 B	0.79%
2008-12-31	$NZ$0.29 B	30.43%
2007-12-31	$NZ$0.22 B	15.04%
2006-12-31	$NZ$0.19 B	-1.11%
2005-12-31	$NZ$0.20 B	5.81%
2004-12-31	$NZ$0.18 B	-3.09%
2003-12-31	$NZ$0.19 B	0.47%
2002-12-31	$NZ$0.19 B	-2.36%
2001-12-31	$NZ$0.19 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Manulife Financial MFC	NZ$59.91 B	19,258.64%	🇨🇦 Canada
Reinsurance Group of America RGA	NZ$15.88 B	5,031.38%	🇺🇸 USA
Aflac AFL	NZ$42.10 B	13,503.77%	🇺🇸 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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