Saudi Aramco (2222.SR)

Net assets on the balance sheet as of September 2024 : S$606.58 Billion

According to Saudi Aramco's latest financial reports the company has S$606.58 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Saudi Aramco - Net assets on balance sheet (from 2018 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$S$612.52 B	3.06%
2022-12-31	$S$594.35 B	28.73%
2021-12-31	$S$461.69 B	18.78%
2020-12-31	$S$388.68 B	3.29%
2019-12-31	$S$376.30 B	0.48%
2018-12-31	$S$374.51 B	27.08%
2017-12-31	$S$294.71 B	3.88%
2016-12-31	$S$283.70 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Shell SHEL	S$254.75 B	-58.00%	🇬🇧 UK
BP BP	S$107.45 B	-82.29%	🇬🇧 UK
TotalEnergies TTE	S$159.43 B	-73.72%	🇫🇷 France
Rosneft ROSN.ME	N/A	N/A	🇷🇺 Russia
Petrobras PBR	S$90.92 B	-85.01%	🇧🇷 Brazil

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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Saudi Aramco (2222.SR) - Net assets

Net assets on the balance sheet as of September 2024 : S$606.58 Billion