Alcoa (AA) - Net Assets

Net assets on the balance sheet as of September 2024 : $5.25 Billion USD

According to Alcoa's latest financial reports the company has $5.25 Billion USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Alcoa - Net assets on balance sheet (from 2015 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$$5.84 B	-11.29%
2022-12-31	$$6.58 B	4.85%
2021-12-31	$$6.28 B	25.28%
2020-12-31	$$5.01 B	-14.78%
2019-12-31	$$5.88 B	-22.43%
2018-12-31	$$7.58 B	11.62%
2017-12-31	$$6.79 B	-11.68%
2016-12-31	$$7.69 B	-33.15%
2015-12-31	$$11.51 B	-11.93%
2014-12-31	$$13.07 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Aluminum Corporation of China 601600.SS	$15.68 B	198.78%	🇨🇳 China
Kaiser Aluminum KALU	$0.66 B	-87.30%	🇺🇸 USA
Century Aluminum CENX	$0.62 B	-88.03%	🇺🇸 USA
BHP Group BHP	$49.12 B	835.62%	🇦🇺 Australia

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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Alcoa (AA) - Net assets

Net assets on the balance sheet as of September 2024 : $5.25 Billion USD