QBE Insurance (QBE.AX)

Net assets on the balance sheet as of December 2023 : NZ$16.08 B

According to QBE Insurance 's latest financial reports the company has NZ$16.08 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

QBE Insurance - Net assets on balance sheet (from 2022 to 2021)

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$15.73 B	11.12%
2022-12-31	$NZ$14.16 B	50.19%
2021-12-31	$NZ$9.43 B	3.65%
2020-12-31	$NZ$9.09 B	7.09%
2019-12-31	$NZ$8.49 B	-3.68%
2018-12-31	$NZ$8.82 B	-9.85%
2017-12-31	$NZ$9.78 B	-9.01%
2016-12-31	$NZ$10.75 B	-4.42%
2015-12-31	$NZ$11.25 B	-2.87%
2014-12-31	$NZ$11.58 B	2.53%
2013-12-31	$NZ$11.29 B	-21.75%
2012-12-31	$NZ$14.43 B	5.29%
2011-12-31	$NZ$13.71 B	0.14%
2010-12-31	$NZ$13.69 B	19.33%
2009-12-31	$NZ$11.47 B	21.9%
2008-12-31	$NZ$9.41 B	11.13%
2007-12-31	$NZ$8.47 B	19.24%
2006-12-31	$NZ$7.10 B	75.68%
2005-12-31	$NZ$4.04 B	-16.77%
2004-12-31	$NZ$4.85 B	26.16%
2003-12-31	$NZ$3.85 B	111.14%
2002-12-31	$NZ$1.82 B	8.97%
2001-12-31	$NZ$1.67 B

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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QBE Insurance (QBE.AX) - Net assets