Rumo (RAIL3.SA) - Net Assets

Net assets on the balance sheet as of June 2024 : A$3.89 B

According to Rumo's latest financial reports the company has A$3.89 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Rumo - Net assets on balance sheet (from 2014 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$A$4.28 B	15.54%
2021-12-31	$A$3.70 B	-3.03%
2020-12-31	$A$3.82 B	25.32%
2019-12-31	$A$3.05 B	0.45%
2018-12-31	$A$3.03 B	-2.17%
2017-12-31	$A$3.10 B	28.32%
2016-12-31	$A$2.42 B	210.18%
2015-12-31	$A$0.78 B	27.52%
2014-12-31	$A$0.61 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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Rumo (RAIL3.SA) - Net assets