Rio Tinto (RIO) - Net assets

Net assets on the balance sheet as of December 2023 : C$80.95 Billion

According to Rio Tinto's latest financial reports the company has C$80.95 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Rio Tinto - Net assets on balance sheet (from 2001 to 2023)

Net assets by year

Year	Net assets	Change
2023-12-31	$C$74.72 B	4.42%
2022-12-31	$C$71.56 B	-0.77%
2021-12-31	$C$72.12 B	8.98%
2020-12-31	$C$66.17 B	12%
2019-12-31	$C$59.08 B	-12.94%
2018-12-31	$C$67.86 B	5.61%
2017-12-31	$C$64.26 B	4.57%
2016-12-31	$C$61.45 B	0.39%
2015-12-31	$C$61.21 B	-3.38%
2014-12-31	$C$63.35 B	11.24%
2013-12-31	$C$56.95 B	-0.81%
2012-12-31	$C$57.41 B	-4.14%
2011-12-31	$C$59.89 B	-8.2%
2010-12-31	$C$65.24 B	35.03%
2009-12-31	$C$48.32 B	76.94%
2008-12-31	$C$27.31 B	4.12%
2007-12-31	$C$26.22 B	16.22%
2006-12-31	$C$22.56 B	23.17%
2005-12-31	$C$18.32 B	21.17%
2004-12-31	$C$15.12 B	5.6%
2003-12-31	$C$14.32 B	10.04%
2002-12-31	$C$13.01 B	3.8%
2001-12-31	$C$12.53 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
BHP Group BHP	C$70.57 B	-12.82%	🇦🇺 Australia
Vale VALE	C$57.05 B	-29.51%	🇧🇷 Brazil
Freeport-McMoRan FCX	C$41.47 B	-48.77%	🇺🇸 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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