Rio Tinto (RIO) - Net assets

Net assets on the balance sheet as of December 2023 : £44.87 Billion

According to Rio Tinto's latest financial reports the company has £44.87 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	$£44.22 B	1.44%
2022-12-31	$£43.59 B	3.99%
2021-12-31	$£41.92 B	10.1%
2020-12-31	$£38.07 B	10.37%
2019-12-31	$£34.50 B	-12.1%
2018-12-31	$£39.25 B	3.78%
2017-12-31	$£37.82 B	2.05%
2016-12-31	$£37.06 B	24.46%
2015-12-31	$£29.77 B	-15.08%
2014-12-31	$£35.06 B	8.11%
2013-12-31	$£32.43 B	-9.21%
2012-12-31	$£35.72 B	-5.7%
2011-12-31	$£37.88 B	-10.4%
2010-12-31	$£42.28 B	48.99%
2009-12-31	$£28.38 B	85.18%
2008-12-31	$£15.32 B	15.79%
2007-12-31	$£13.23 B	33.73%
2006-12-31	$£9.89 B	8.43%
2005-12-31	$£9.12 B	39.16%
2004-12-31	$£6.55 B	6.27%
2003-12-31	$£6.17 B	20.09%
2002-12-31	$£5.13 B	-5.32%
2001-12-31	$£5.42 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
BHP Group BHP	£39.12 B	-12.82%	🇦🇺 Australia
Vale VALE	£31.62 B	-29.51%	🇧🇷 Brazil
Freeport-McMoRan FCX	£22.98 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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