Southern Copper (SCCO) - Net assets

Net assets on the balance sheet as of June 2024 : $8.56 Billion USD

According to Southern Copper's latest financial reports the company has $8.56 Billion USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Southern Copper - Net assets on balance sheet (from 2001 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$$7.48 B	-8.17%
2022-12-31	$$8.14 B	-0.74%
2021-12-31	$$8.20 B	12.81%
2020-12-31	$$7.27 B	6.09%
2019-12-31	$$6.85 B	3.71%
2018-12-31	$$6.61 B	7.54%
2017-12-31	$$6.14 B	4.74%
2016-12-31	$$5.87 B	10.79%
2015-12-31	$$5.29 B	-9.21%
2014-12-31	$$5.83 B	4.94%
2013-12-31	$$5.56 B	16.13%
2012-12-31	$$4.78 B	18.65%
2011-12-31	$$4.03 B	3.22%
2010-12-31	$$3.91 B	0.43%
2009-12-31	$$3.89 B	14.67%
2008-12-31	$$3.39 B	-12.15%
2007-12-31	$$3.86 B	5%
2006-12-31	$$3.68 B	10.24%
2005-12-31	$$3.33 B	18.19%
2004-12-31	$$2.82 B	113.47%
2003-12-31	$$1.32 B	5.95%
2002-12-31	$$1.24 B	2.09%
2001-12-31	$$1.22 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Freeport-McMoRan FCX	$28.68 B	235.11%	🇺🇸 USA
Grupo México GMBXF	$22.81 B	166.48%	🇲🇽 Mexico
BHP Group BHP	$49.12 B	473.82%	🇦🇺 Australia
Rio Tinto RIO	$56.34 B	558.17%	🇬🇧 UK
Buenaventura Mining Company BVN	$3.28 B	-61.59%	Peru

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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