Rio Tinto (RIO) - Net assets

Net assets on the balance sheet as of December 2023 : A$90.72 Billion

According to Rio Tinto's latest financial reports the company has A$90.72 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	$A$82.69 B	6.7%
2022-12-31	$A$77.50 B	-0.71%
2021-12-31	$A$78.05 B	15.64%
2020-12-31	$A$67.50 B	4.46%
2019-12-31	$A$64.61 B	-8.63%
2018-12-31	$A$70.72 B	8.02%
2017-12-31	$A$65.47 B	3.2%
2016-12-31	$A$63.44 B	4.73%
2015-12-31	$A$60.57 B	-9.2%
2014-12-31	$A$66.70 B	11.22%
2013-12-31	$A$59.98 B	7.95%
2012-12-31	$A$55.56 B	-3.25%
2011-12-31	$A$57.42 B	-10.63%
2010-12-31	$A$64.26 B	25.7%
2009-12-31	$A$51.12 B	60.58%
2008-12-31	$A$31.83 B	5.86%
2007-12-31	$A$30.07 B	22.3%
2006-12-31	$A$24.59 B	14.32%
2005-12-31	$A$21.51 B	32.2%
2004-12-31	$A$16.27 B	9.54%
2003-12-31	$A$14.85 B	1.55%
2002-12-31	$A$14.62 B	-5.16%
2001-12-31	$A$15.42 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
BHP Group BHP	A$79.09 B	-12.82%	🇦🇺 Australia
Vale VALE	A$63.94 B	-29.51%	🇧🇷 Brazil
Freeport-McMoRan FCX	A$46.48 B	-48.77%	🇺🇸 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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