Rio Tinto (RIO) - Net assets

Net assets on the balance sheet as of December 2023 : S$74.67 Billion

According to Rio Tinto's latest financial reports the company has S$74.67 Billion 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	$S$74.40 B	5.24%
2022-12-31	$S$70.70 B	-7.58%
2021-12-31	$S$76.50 B	11.42%
2020-12-31	$S$68.66 B	12.58%
2019-12-31	$S$60.99 B	-10.39%
2018-12-31	$S$68.06 B	-0.44%
2017-12-31	$S$68.36 B	3.3%
2016-12-31	$S$66.18 B	6.03%
2015-12-31	$S$62.42 B	-13.47%
2014-12-31	$S$72.13 B	6.42%
2013-12-31	$S$67.78 B	-4%
2012-12-31	$S$70.61 B	-7.41%
2011-12-31	$S$76.25 B	-9.3%
2010-12-31	$S$84.08 B	30.41%
2009-12-31	$S$64.47 B	100.72%
2008-12-31	$S$32.12 B	-15.1%
2007-12-31	$S$37.83 B	27.29%
2006-12-31	$S$29.72 B	13.43%
2005-12-31	$S$26.20 B	27.58%
2004-12-31	$S$20.54 B	9.51%
2003-12-31	$S$18.75 B	31.19%
2002-12-31	$S$14.29 B	-1.86%
2001-12-31	$S$14.56 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
BHP Group BHP	S$65.10 B	-12.82%	🇦🇺 Australia
Vale VALE	S$50.88 B	-31.87%	🇧🇷 Brazil
Freeport-McMoRan FCX	S$38.02 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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