Saudi Aramco (2222.SR)

Net assets on the balance sheet as of September 2024 : A$721.80 Billion

According to Saudi Aramco's latest financial reports the company has A$721.80 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Saudi Aramco - Net assets on balance sheet (from 2018 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$A$680.73 B	4.49%
2022-12-31	$A$651.50 B	38.3%
2021-12-31	$A$471.06 B	23.28%
2020-12-31	$A$382.09 B	-4.16%
2019-12-31	$A$398.66 B	2.45%
2018-12-31	$A$389.14 B	37.87%
2017-12-31	$A$282.24 B	3.79%
2016-12-31	$A$271.94 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Shell SHEL	A$303.14 B	-58.00%	🇬🇧 UK
BP BP	A$127.86 B	-82.29%	🇬🇧 UK
TotalEnergies TTE	A$189.71 B	-73.72%	🇫🇷 France
Rosneft ROSN.ME	N/A	N/A	🇷🇺 Russia
Petrobras PBR	A$115.97 B	-83.93%	🇧🇷 Brazil

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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Saudi Aramco (2222.SR) - Net assets

Net assets on the balance sheet as of September 2024 : A$721.80 Billion