Hippo (HIPO) - Net Assets

Net assets on the balance sheet as of September 2024 : NZ$0.58 Billion

According to Hippo's latest financial reports the company has NZ$0.58 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Hippo - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$0.60 B	-34.92%
2022-12-31	$NZ$0.93 B	-25.9%
2021-12-31	$NZ$1.26 B	-556.27%
2020-12-31	$-NZ$0.28 Billion

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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Hippo (HIPO) - Net assets