Rio Tinto (RIO) - Net assets

Net assets on the balance sheet as of December 2023 : $56.34 Billion USD

According to Rio Tinto's latest financial reports the company has $56.34 Billion USD 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	$$56.34 B	6.83%
2022-12-31	$$52.74 B	-6.8%
2021-12-31	$$56.59 B	9.03%
2020-12-31	$$51.90 B	14.72%
2019-12-31	$$45.24 B	-9.19%
2018-12-31	$$49.82 B	-2.53%
2017-12-31	$$51.11 B	11.78%
2016-12-31	$$45.73 B	3.63%
2015-12-31	$$44.12 B	-19.17%
2014-12-31	$$54.59 B	2.04%
2013-12-31	$$53.50 B	-7.34%
2012-12-31	$$57.74 B	-1.94%
2011-12-31	$$58.88 B	-9.79%
2010-12-31	$$65.27 B	42.13%
2009-12-31	$$45.92 B	104.47%
2008-12-31	$$22.46 B	-14.57%
2007-12-31	$$26.29 B	35.64%
2006-12-31	$$19.38 B	23.17%
2005-12-31	$$15.73 B	25%
2004-12-31	$$12.59 B	14.05%
2003-12-31	$$11.04 B	33.98%
2002-12-31	$$8.24 B	4.7%
2001-12-31	$$7.87 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
BHP Group BHP	$49.12 B	-12.82%	🇦🇺 Australia
Vale VALE	$39.71 B	-29.51%	🇧🇷 Brazil
Freeport-McMoRan FCX	$28.86 B	-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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