Rumo (RAIL3.SA) - Net Assets

Net assets on the balance sheet as of March 2024 : $3.24 B

According to Rumo's latest financial reports the company has $3.24 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Rumo - Net assets on balance sheet (from 2014 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$$2.91 B	8.14%
2021-12-31	$$2.69 B	-8.5%
2020-12-31	$$2.94 B	37.37%
2019-12-31	$$2.14 B	0.19%
2018-12-31	$$2.14 B	-11.69%
2017-12-31	$$2.42 B	38.98%
2016-12-31	$$1.74 B	206.95%
2015-12-31	$$0.56 B	13.28%
2014-12-31	$$0.50 B

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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Rumo (RAIL3.SA) - Net assets