Rivian (RIVN) - Net Assets

Net assets on the balance sheet as of September 2024 : HK$45.91 Billion

According to Rivian's latest financial reports the company has HK$45.91 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	$HK$71.39 B	-33.78%
2022-12-31	$HK$107.81 B	-29.14%
2021-12-31	$HK$152.16 B	-1518.22%
2020-12-31	$-HK$10.73 Billion	267.36%
2019-12-31	$-HK$2.93 Billion

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Tesla TSLA	HK$550.33 B	1,098.68%	🇺🇸 USA
Lucid Motors LCID	HK$20.88 B	-54.51%	🇺🇸 USA
NIO NIO	HK$22.19 B	-51.67%	🇨🇳 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 : HK$45.91 Billion