Saudi Aramco (2222.SR)

Net assets on the balance sheet as of September 2024 : $451.29 Billion USD

According to Saudi Aramco's latest financial reports the company has $451.29 Billion USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Saudi Aramco - Net assets on balance sheet (from 2018 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$$463.78 B	4.61%
2022-12-31	$$443.34 B	29.82%
2021-12-31	$$341.51 B	16.24%
2020-12-31	$$293.80 B	5.26%
2019-12-31	$$279.11 B	1.82%
2018-12-31	$$274.13 B	24.41%
2017-12-31	$$220.35 B	12.41%
2016-12-31	$$196.02 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Shell SHEL	$189.53 B	-58.00%	🇬🇧 UK
BP BP	$79.94 B	-82.29%	🇬🇧 UK
TotalEnergies TTE	$118.61 B	-73.72%	🇫🇷 France
Rosneft ROSN.ME	N/A	N/A	🇷🇺 Russia
Petrobras PBR	$67.64 B	-85.01%	🇧🇷 Brazil

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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Saudi Aramco (2222.SR) - Net assets

Net assets on the balance sheet as of September 2024 : $451.29 Billion USD