Rocket Companies (RKT)

Net assets on the balance sheet as of June 2024 : HK$68.61 Billion

According to Rocket Companies 's latest financial reports the company has HK$68.61 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Rocket Companies - Net assets on balance sheet (from 2019 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$HK$64.83 B	-2.09%
2022-12-31	$HK$66.22 B	-12.98%
2021-12-31	$HK$76.10 B	24.54%
2020-12-31	$HK$61.10 B	123.17%
2019-12-31	$HK$27.37 B	25.73%
2018-12-31	$HK$21.77 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Packaging Corporation of America PKG	HK$33.19 B	-51.63%	🇺🇸 USA
Graphic Packaging GPK	HK$23.44 B	-65.84%	🇺🇸 USA
International Paper IP	HK$67.17 B	-2.10%	🇺🇸 USA
Clearwater Paper CLW	HK$5.17 B	-92.46%	🇺🇸 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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Rocket Companies (RKT) - Net assets

Net assets on the balance sheet as of June 2024 : HK$68.61 Billion