Rio Tinto (RIO) - Net assets

Net assets on the balance sheet as of December 2023 : ₹4.804 Trillion

According to Rio Tinto's latest financial reports the company has ₹4.804 Trillion 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	$₹4.690 T	7.47%
2022-12-31	$₹4.364 T	3.61%
2021-12-31	$₹4.212 T	10.96%
2020-12-31	$₹3.795 T	17.66%
2019-12-31	$₹3.226 T	-7.39%
2018-12-31	$₹3.483 T	6.74%
2017-12-31	$₹3.263 T	5.03%
2016-12-31	$₹3.107 T	5.97%
2015-12-31	$₹2.932 T	-15.25%
2014-12-31	$₹3.460 T	4.68%
2013-12-31	$₹3.305 T	4.55%
2012-12-31	$₹3.161 T	1.49%
2011-12-31	$₹3.114 T	6.5%
2010-12-31	$₹2.924 T	37.26%
2009-12-31	$₹2.130 T	97.38%
2008-12-31	$₹1.079 T	4.62%
2007-12-31	$₹1.031 T	20.19%
2006-12-31	$₹858.56 B	21.22%
2005-12-31	$₹708.25 B	29.89%
2004-12-31	$₹545.29 B	8.48%
2003-12-31	$₹502.65 B	27.21%
2002-12-31	$₹395.14 B	4.06%
2001-12-31	$₹379.73 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
BHP Group BHP	₹4.188 T	-12.82%	🇦🇺 Australia
Vale VALE	₹3.386 T	-29.51%	🇧🇷 Brazil
Freeport-McMoRan FCX	₹2.461 T	-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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