PSC Insurance Group (PSI.AX)

Net assets on the balance sheet as of June 2024 : $0.33 Billion USD

According to PSC Insurance Group's latest financial reports the company has $0.33 Billion USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

PSC Insurance Group - Net assets on balance sheet (from 2016 to 2024)

Net assets by year

Year	Net assets	Change
2023-06-30	$$0.30 B	7.26%
2022-06-30	$$0.28 B	8.06%
2021-06-30	$$0.26 B	54.9%
2020-06-30	$$0.16 B	55.21%
2019-06-30	$$0.10 B	0.56%
2018-06-30	$$0.10 B	79.65%
2017-06-30	$$59.92 M	18.31%
2016-06-30	$$50.64 M

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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PSC Insurance Group (PSI.AX) - Net assets