Rivian (RIVN) - Net Assets

Net assets on the balance sheet as of September 2024 : A$9.23 Billion

According to Rivian's latest financial reports the company has A$9.23 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2023-12-31	$A$13.41 B	-33.83%
2022-12-31	$A$20.27 B	-24.66%
2021-12-31	$A$26.91 B	-1595.44%
2020-12-31	$-A$1.8 Billion	236.05%
2019-12-31	$-A$0.54 Billion

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Tesla TSLA	A$115.32 B	1,149.03%	🇺🇸 USA
Lucid Motors LCID	A$4.20 B	-54.51%	🇺🇸 USA
NIO NIO	A$3.58 B	-61.14%	🇨🇳 China

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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Rivian (RIVN) - Net assets

Net assets on the balance sheet as of September 2024 : A$9.23 Billion