Arconic (ARNC) - Net Assets

Net assets on the balance sheet as of June 2023 : HK$11.53 Billion

According to Arconic's latest financial reports the company has HK$11.53 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Arconic - Net assets on balance sheet (from 2018 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$HK$10.60 B	-12.78%
2021-12-31	$HK$12.15 B	8.37%
2020-12-31	$HK$11.21 B	-47.2%
2019-12-31	$HK$21.24 B	1.35%
2018-12-31	$HK$20.96 B	-10.77%
2017-12-31	$HK$23.49 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Arconic ARNC	HK$11.53 B	0.00%	🇺🇸 USA
Reynolds Consumer REYN	HK$16.04 B	39.15%	🇺🇸 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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Arconic (ARNC) - Net assets

Net assets on the balance sheet as of June 2023 : HK$11.53 Billion