Rio Tinto Group (RIOA) - Net Assets
Based on the latest financial reports, Rio Tinto Group (RIOA) has net assets worth €61.97 Billion EUR as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€120.81 Billion) and total liabilities (€58.84 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €61.97 Billion |
| % of Total Assets | 51.3% |
| Annual Growth Rate | 3.01% |
| 5-Year Change | 11.68% |
| 10-Year Change | N/A |
| Growth Volatility | 8.4 |
Rio Tinto Group - Net Assets Trend (2016–2024)
This chart illustrates how Rio Tinto Group's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Rio Tinto Group (2016–2024)
The table below shows the annual net assets of Rio Tinto Group from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €57.97 Billion | +2.88% |
| 2023-12-31 | €56.34 Billion | +7.78% |
| 2022-12-31 | €52.27 Billion | -7.63% |
| 2021-12-31 | €56.59 Billion | +9.03% |
| 2020-12-31 | €51.90 Billion | +14.72% |
| 2019-12-31 | €45.24 Billion | -9.19% |
| 2018-12-31 | €49.82 Billion | -2.53% |
| 2017-12-31 | €51.12 Billion | +11.78% |
| 2016-12-31 | €45.73 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Rio Tinto Group's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 96.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €42.54 Billion | 77.00% |
| Other Components | €12.71 Billion | 23.00% |
| Total Equity | €55.25 Billion | 100.00% |
Rio Tinto Group Competitors by Market Cap
The table below lists competitors of Rio Tinto Group ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Freeport-McMoRan Inc.
LSE:0R2O
|
$99.98 Billion |
|
Duke Energy Corporation
NYSE:DUK
|
$100.10 Billion |
|
Spotify Technology SA
NYSE:SPOT
|
$100.19 Billion |
|
Tata Consultancy Services Limited
NSE:TCS
|
$100.83 Billion |
|
Howmet Aerospace Inc
NYSE MKT:HWM
|
$99.27 Billion |
|
CVS Health Corp
NYSE:CVS
|
$98.41 Billion |
|
Enel SpA
F:ENLA
|
$98.17 Billion |
|
Southern Company
NYSE:SO
|
$97.89 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Rio Tinto Group's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 54,586,000,000 to 55,246,000,000, a change of 660,000,000 (1.2%).
- Net income of 11,552,000,000 contributed positively to equity growth.
- Dividend payments of 7,025,000,000 reduced retained earnings.
- Other factors decreased equity by 3,867,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €11.55 Billion | +20.91% |
| Dividends Paid | €7.03 Billion | -12.72% |
| Other Changes | €-3.87 Billion | -7.0% |
| Total Change | €- | 1.21% |
Book Value vs Market Value Analysis
This analysis compares Rio Tinto Group's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.49x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €33.32 | €84.80 | x |
| 2018-12-31 | €34.18 | €84.80 | x |
| 2019-12-31 | €32.43 | €84.80 | x |
| 2020-12-31 | €29.08 | €84.80 | x |
| 2021-12-31 | €41.21 | €84.80 | x |
| 2022-12-31 | €30.96 | €84.80 | x |
| 2023-12-31 | €33.64 | €84.80 | x |
| 2024-12-31 | €34.02 | €84.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Rio Tinto Group utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 20.91%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 21.53%
- • Asset Turnover: 0.52x
- • Equity Multiplier: 1.86x
- Recent ROE (20.91%) is below the historical average (23.13%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 11.75% | 13.67% | 0.38x | 2.27x | €688.00 Million |
| 2017 | 19.60% | 21.89% | 0.42x | 2.14x | €4.29 Billion |
| 2018 | 31.22% | 33.66% | 0.45x | 2.08x | €9.27 Billion |
| 2019 | 19.76% | 18.56% | 0.49x | 2.17x | €3.96 Billion |
| 2020 | 20.76% | 21.90% | 0.46x | 2.07x | €5.06 Billion |
| 2021 | 41.01% | 33.22% | 0.62x | 2.00x | €15.95 Billion |
| 2022 | 24.75% | 22.36% | 0.57x | 1.93x | €7.40 Billion |
| 2023 | 18.43% | 18.61% | 0.52x | 1.90x | €4.60 Billion |
| 2024 | 20.91% | 21.53% | 0.52x | 1.86x | €6.03 Billion |
Industry Comparison
This section compares Rio Tinto Group's net assets metrics with peer companies in the Other Industrial Metals & Mining industry.
Industry Context
- Industry: Other Industrial Metals & Mining
- Average net assets among peers: $287,990,475
- Average return on equity (ROE) among peers: -81.00%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Rio Tinto Group (RIOA) | €61.97 Billion | 11.75% | 0.95x | $99.40 Billion |
| SOUTH MANGAN.INV. HD-05 (00D0) | $2.83 Billion | 11.87% | 3.04x | $323.22 Million |
| Scandium International Mining Corp (0E6) | $3.10 Million | -89.51% | 0.07x | $17.79 Million |
| Asiamet Resources Ltd (0FK) | $1.58 Million | -239.63% | 0.85x | $27.77 Million |
| Waratah Minerals Limited (0FS0) | $9.89 Million | -243.89% | 0.06x | $124.98 Million |
| US Critical Metals Corp. (0IU) | $-473.12K | 0.00% | 0.00x | $4.86 Million |
| Global Li-Ion Graphite Corp (0TD) | $3.56 Million | -15.06% | 0.14x | $758.30K |
| United Lithium Corp. (0UL) | $12.86 Million | -17.10% | 0.02x | $9.22 Million |
| 14S0 (14S0) | $8.39 Million | -143.73% | 0.09x | $2.92 Million |
| Manning Ventures Inc. (1H50) | $8.13 Million | -21.27% | 0.05x | $69.80K |
| Pacific Empire Minerals Corp (1YK) | $576.94K | -51.70% | 0.11x | $8.47 Million |
About Rio Tinto Group
Rio Tinto Group engages in exploring, mining, and processing mineral resources worldwide. The company operates through Iron Ore, Aluminium, Copper, and Minerals Segments. The Iron Ore segment engages in the iron ore mining, and salt and gypsum production in Western Australia. The Aluminum segment is involved in bauxite mining; and alumina refining, smelting, and recycling. The Copper segment enga… Read more