Arconic (ARNC) - Net Assets

Net assets on the balance sheet as of June 2023 : A$2.29 Billion

According to Arconic's latest financial reports the company has A$2.29 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Arconic - Net assets on balance sheet (from 2018 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$A$1.99 B	-7.27%
2021-12-31	$A$2.15 B	14.27%
2020-12-31	$A$1.88 B	-51.7%
2019-12-31	$A$3.89 B	2.54%
2018-12-31	$A$3.80 B	-1.34%
2017-12-31	$A$3.85 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Arconic ARNC	A$2.29 B	0.00%	🇺🇸 USA
Reynolds Consumer REYN	A$3.19 B	39.15%	🇺🇸 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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Arconic (ARNC) - Net assets

Net assets on the balance sheet as of June 2023 : A$2.29 Billion