Rivian (RIVN) - Net Assets

Net assets on the balance sheet as of June 2024 : S$9.04 Billion

According to Rivian's latest financial reports the company has S$9.04 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	$S$12.07 B	-34.74%
2022-12-31	$S$18.49 B	-29.88%
2021-12-31	$S$26.38 B	-1540.85%
2020-12-31	$-S$1.84 Billion	262.16%
2019-12-31	$-S$0.51 Billion

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Tesla TSLA	S$93.84 B	937.11%	🇺🇸 USA
Lucid Motors LCID	S$4.66 B	-48.43%	🇺🇸 USA
NIO NIO	S$3.78 B	-58.18%	🇨🇳 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 June 2024 : S$9.04 Billion