Erie Indemnity (ERIE) - Net assets

Net assets on the balance sheet as of September 2024 : NZ$3.26 Billion

According to Erie Indemnity's latest financial reports the company has NZ$3.26 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Erie Indemnity - Net assets on balance sheet (from 2001 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$2.62 B	15.26%
2022-12-31	$NZ$2.28 B	16.07%
2021-12-31	$NZ$1.96 B	19.37%
2020-12-31	$NZ$1.64 B	-2.15%
2019-12-31	$NZ$1.68 B	15.92%
2018-12-31	$NZ$1.45 B	20.24%
2017-12-31	$NZ$1.20 B	2.36%
2016-12-31	$NZ$1.17 B	4.89%
2015-12-31	$NZ$1.12 B	25.29%
2014-12-31	$NZ$0.89 B	-90.23%
2013-12-31	$NZ$9.18 B	11.3%
2012-12-31	$NZ$8.25 B	2.38%
2011-12-31	$NZ$8.06 B	-1.79%
2010-12-31	$NZ$8.21 B	4.16%
2009-12-31	$NZ$7.88 B	477.64%
2008-12-31	$NZ$1.36 B	-0.57%
2007-12-31	$NZ$1.37 B	-16.78%
2006-12-31	$NZ$1.64 B	-11.84%
2005-12-31	$NZ$1.87 B	5.36%
2004-12-31	$NZ$1.77 B	-0.86%
2003-12-31	$NZ$1.79 B	-5.07%
2002-12-31	$NZ$1.88 B	-9.46%
2001-12-31	$NZ$2.08 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
American Financial Group AFG	NZ$7.34 B	125.06%	🇺🇸 USA
Genworth Financial GNW	NZ$15.66 B	380.15%	🇺🇸 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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