Rivian (RIVN) - Net Assets

Net assets on the balance sheet as of September 2024 : C$8.45 Billion

According to Rivian's latest financial reports the company has C$8.45 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Rivian - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$C$12.12 B	-35.25%
2022-12-31	$C$18.72 B	-24.71%
2021-12-31	$C$24.86 B	-1509.27%
2020-12-31	$-C$1.77 Billion	260.31%
2019-12-31	$-C$0.49 Billion

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Tesla TSLA	C$101.31 B	1,098.68%	🇺🇸 USA
Lucid Motors LCID	C$3.84 B	-54.51%	🇺🇸 USA
NIO NIO	C$3.28 B	-61.14%	🇨🇳 China

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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Rivian (RIVN) - Net assets

Net assets on the balance sheet as of September 2024 : C$8.45 Billion