Rio Tinto (RIO) - Net assets

Net assets on the balance sheet as of December 2023 : HK$438.50 Billion

According to Rio Tinto's latest financial reports the company has HK$438.50 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	$HK$440.02 B	6.78%
2022-12-31	$HK$412.07 B	-6.61%
2021-12-31	$HK$441.26 B	9.67%
2020-12-31	$HK$402.36 B	14.19%
2019-12-31	$HK$352.34 B	-9.69%
2018-12-31	$HK$390.15 B	-2.3%
2017-12-31	$HK$399.35 B	12.62%
2016-12-31	$HK$354.61 B	3.68%
2015-12-31	$HK$342.02 B	-19.23%
2014-12-31	$HK$423.45 B	2.07%
2013-12-31	$HK$414.87 B	-7.3%
2012-12-31	$HK$447.55 B	-2.14%
2011-12-31	$HK$457.34 B	-9.97%
2010-12-31	$HK$507.97 B	42.65%
2009-12-31	$HK$356.08 B	105.16%
2008-12-31	$HK$173.56 B	-15.34%
2007-12-31	$HK$205.00 B	35.98%
2006-12-31	$HK$150.76 B	23.55%
2005-12-31	$HK$122.02 B	24.71%
2004-12-31	$HK$97.84 B	14.34%
2003-12-31	$HK$85.57 B	33.17%
2002-12-31	$HK$64.25 B	4.71%
2001-12-31	$HK$61.36 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
BHP Group BHP	HK$382.30 B	-12.82%	🇦🇺 Australia
Vale VALE	HK$309.07 B	-29.51%	🇧🇷 Brazil
Freeport-McMoRan FCX	HK$223.26 B	-49.09%	🇺🇸 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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