Rocket Companies (RKT)

Net assets on the balance sheet as of September 2024 : A$13.20 Billion

According to Rocket Companies 's latest financial reports the company has A$13.20 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Rocket Companies - Net assets on balance sheet (from 2019 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$A$12.18 B	-2.17%
2022-12-31	$A$12.45 B	-7.48%
2021-12-31	$A$13.46 B	31.32%
2020-12-31	$A$10.25 B	104.15%
2019-12-31	$A$5.02 B	27.2%
2018-12-31	$A$3.94 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Packaging Corporation of America PKG	A$6.73 B	-48.95%	🇺🇸 USA
Graphic Packaging GPK	A$4.75 B	-63.95%	🇺🇸 USA
International Paper IP	A$13.64 B	3.31%	🇺🇸 USA
Clearwater Paper CLW	A$1.05 B	-92.04%	🇺🇸 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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Rocket Companies (RKT) - Net assets

Net assets on the balance sheet as of September 2024 : A$13.20 Billion