Arconic (ARNC) - Net Assets

Net assets on the balance sheet as of June 2023 : C$2.09 Billion

According to Arconic's latest financial reports the company has C$2.09 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	$C$1.84 B	-7.32%
2021-12-31	$C$1.98 B	7.69%
2020-12-31	$C$1.84 B	-48.22%
2019-12-31	$C$3.56 B	-2.29%
2018-12-31	$C$3.64 B	-3.54%
2017-12-31	$C$3.78 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Arconic ARNC	C$2.09 B	0.00%	🇺🇸 USA
Reynolds Consumer REYN	C$2.90 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 : C$2.09 Billion