Rio Tinto (RIO) - Net assets

Net assets on the balance sheet as of December 2023 : NZ$91.06 B

According to Rio Tinto's latest financial reports the company has NZ$91.06 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	$NZ$89.09 B	7.25%
2022-12-31	$NZ$83.06 B	0.53%
2021-12-31	$NZ$82.63 B	14.5%
2020-12-31	$NZ$72.16 B	7.6%
2019-12-31	$NZ$67.06 B	-9.66%
2018-12-31	$NZ$74.24 B	3.15%
2017-12-31	$NZ$71.97 B	9.02%
2016-12-31	$NZ$66.01 B	2.28%
2015-12-31	$NZ$64.54 B	-7.25%
2014-12-31	$NZ$69.59 B	6.83%
2013-12-31	$NZ$65.14 B	-7.5%
2012-12-31	$NZ$70.42 B	-6.65%
2011-12-31	$NZ$75.44 B	-11.18%
2010-12-31	$NZ$84.94 B	33.36%
2009-12-31	$NZ$63.69 B	63.6%
2008-12-31	$NZ$38.93 B	14.42%
2007-12-31	$NZ$34.02 B	23.66%
2006-12-31	$NZ$27.51 B	19.49%
2005-12-31	$NZ$23.02 B	30.5%
2004-12-31	$NZ$17.64 B	3.9%
2003-12-31	$NZ$16.98 B	7.87%
2002-12-31	$NZ$15.74 B	-16.93%
2001-12-31	$NZ$18.95 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
BHP Group BHP	NZ$73.69 B	-19.08%	🇦🇺 Australia
Vale VALE	NZ$62.04 B	-31.87%	🇧🇷 Brazil
Freeport-McMoRan FCX	NZ$46.36 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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