Rio Tinto (RIO) - Net assets

Net assets on the balance sheet as of December 2023 : HK$439.18 B

According to Rio Tinto's latest financial reports the company has HK$439.18 B 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	$HK$440.02 B	6.78%
2022-12-31	$HK$412.07 B	-6.61%
2021-12-31	$HK$441.25 B	9.65%
2020-12-31	$HK$402.43 B	14.2%
2019-12-31	$HK$352.38 B	-9.68%
2018-12-31	$HK$390.14 B	-2.31%
2017-12-31	$HK$399.35 B	12.62%
2016-12-31	$HK$354.61 B	3.68%
2015-12-31	$HK$342.01 B	-19.26%
2014-12-31	$HK$423.57 B	2.09%
2013-12-31	$HK$414.89 B	-7.3%
2012-12-31	$HK$447.55 B	-2.14%
2011-12-31	$HK$457.34 B	-9.95%
2010-12-31	$HK$507.89 B	42.61%
2009-12-31	$HK$356.15 B	104.59%
2008-12-31	$HK$174.07 B	-15.17%
2007-12-31	$HK$205.20 B	36.11%
2006-12-31	$HK$150.76 B	23.55%
2005-12-31	$HK$122.02 B	38.45%
2004-12-31	$HK$88.14 B	2.83%
2003-12-31	$HK$85.71 B	33.37%
2002-12-31	$HK$64.26 B	4.73%
2001-12-31	$HK$61.36 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
BHP Group BHP	HK$355.38 B	-19.08%	🇦🇺 Australia
Vale VALE	HK$299.22 B	-31.87%	🇧🇷 Brazil
Freeport-McMoRan FCX	HK$223.60 B	-49.09%	🇺🇸 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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