Rio Tinto PLC (RIO) — Tangible Net Worth Ratio
Rio Tinto PLC (RIO) has a Tangible Net Worth Ratio of 91.7% as of June 2025. This metric is calculated by deducting intangible assets (GBX5.17 Billion) from net assets (GBX61.97 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Also explore RIO net asset momentum to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Rio Tinto PLC Tangible Net Worth Ratio (1985–2024)
This chart shows how Rio Tinto PLC's Tangible Net Worth Ratio has changed across 40 annual periods from 1985 to 2024. As of June 2025, the ratio stands at 91.7%, reflecting net assets of GBX61.97 Billion with intangible assets of GBX5.17 Billion GBX. For live market cap and overall valuation, see Rio Tinto PLC market cap and net worth.
Annual Tangible Net Worth Ratio for Rio Tinto PLC (1985–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Rio Tinto PLC from 1985 to 2024, covering 40 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. Explore Rio Tinto PLC capex to cash flow ratio to see what proportion of operating cash flow is directed to capital expenditures.
| Year | Tangible NW Ratio | Net Assets (GBX) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 96.1% | GBX57.97 Billion | GBX2.24 Billion | GBX102.79 Billion | ▲ +3.9 pp |
| 2023 | 92.2% | GBX56.34 Billion | GBX4.39 Billion | GBX103.55 Billion | ▼ -0.8 pp |
| 2022 | 93.0% | GBX52.27 Billion | GBX3.65 Billion | GBX96.74 Billion | ▼ -2.0 pp |
| 2021 | 95.0% | GBX56.59 Billion | GBX2.83 Billion | GBX102.90 Billion | ▲ +0.3 pp |
| 2020 | 94.7% | GBX51.90 Billion | GBX2.75 Billion | GBX97.39 Billion | ▲ +0.5 pp |
| 2019 | 94.2% | GBX45.24 Billion | GBX2.64 Billion | GBX87.80 Billion | ▼ -0.3 pp |
| 2018 | 94.4% | GBX49.82 Billion | GBX2.78 Billion | GBX90.95 Billion | ▲ +0.5 pp |
| 2017 | 93.9% | GBX51.12 Billion | GBX3.12 Billion | GBX95.73 Billion | ▲ +1.1 pp |
| 2016 | 92.8% | GBX45.73 Billion | GBX3.28 Billion | GBX89.26 Billion | ▲ +0.4 pp |
| 2015 | 92.4% | GBX44.13 Billion | GBX3.34 Billion | GBX91.56 Billion | ▲ +3.2 pp |
| 2014 | 89.2% | GBX54.59 Billion | GBX5.88 Billion | GBX107.83 Billion | ▼ -0.6 pp |
| 2013 | 89.9% | GBX53.50 Billion | GBX5.42 Billion | GBX111.03 Billion | ▲ +1.3 pp |
| 2012 | 88.6% | GBX58.02 Billion | GBX6.63 Billion | GBX117.57 Billion | ▲ +2.0 pp |
| 2011 | 86.6% | GBX59.21 Billion | GBX7.96 Billion | GBX119.55 Billion | ▼ -4.7 pp |
| 2010 | 91.3% | GBX65.27 Billion | GBX5.70 Billion | GBX112.40 Billion | ▲ +3.7 pp |
| 2009 | 87.5% | GBX45.92 Billion | GBX5.73 Billion | GBX97.24 Billion | ▲ +15.5 pp |
| 2008 | 72.0% | GBX22.46 Billion | GBX6.29 Billion | GBX89.62 Billion | ▼ -2.1 pp |
| 2007 | 74.1% | GBX26.29 Billion | GBX6.80 Billion | GBX101.09 Billion | ▼ -23.9 pp |
| 2006 | 98.0% | GBX19.39 Billion | GBX384.00 Million | GBX34.49 Billion | ▼ -0.6 pp |
| 2005 | 98.6% | GBX15.74 Billion | GBX220.00 Million | GBX29.80 Billion | ▲ +8.6 pp |
| 2004 | 90.0% | GBX12.59 Billion | GBX1.26 Billion | GBX26.31 Billion | ▲ +1.3 pp |
| 2003 | 88.6% | GBX11.04 Billion | GBX1.25 Billion | GBX24.08 Billion | ▲ +1.7 pp |
| 2002 | 87.0% | GBX8.24 Billion | GBX1.07 Billion | GBX20.21 Billion | ▲ +0.4 pp |
| 2001 | 86.5% | GBX8.00 Billion | GBX1.08 Billion | GBX19.62 Billion | ▲ +0.8 pp |
| 2000 | 85.8% | GBX12.25 Billion | GBX1.74 Billion | GBX29.02 Billion | ▼ -11.4 pp |
| 1999 | 97.2% | GBX12.65 Billion | GBX357.19 Million | GBX25.28 Billion | ▲ +1.2 pp |
| 1998 | 96.0% | GBX11.78 Billion | GBX475.02 Million | GBX27.03 Billion | ▼ -4.0 pp |
| 1997 | 100.0% | GBX13.29 Billion | GBX0.00 | GBX27.48 Billion | ▲ +4.9 pp |
| 1996 | 95.1% | GBX8.32 Billion | GBX408.31 Million | GBX17.37 Billion | ▲ +23.0 pp |
| 1995 | 72.1% | GBX7.66 Billion | GBX2.14 Billion | GBX15.68 Billion | ▼ -6.9 pp |
| 1994 | 79.0% | GBX5.57 Billion | GBX1.17 Billion | GBX10.07 Billion | ▼ -3.2 pp |
| 1993 | 82.1% | GBX4.89 Billion | GBX872.73 Million | GBX8.82 Billion | ▲ +10.1 pp |
| 1992 | 72.1% | GBX4.38 Billion | GBX1.22 Billion | GBX9.18 Billion | ▼ -3.6 pp |
| 1991 | 75.7% | GBX5.29 Billion | GBX1.29 Billion | GBX10.73 Billion | ▼ -24.3 pp |
| 1990 | 100.0% | GBX5.49 Billion | GBX0.00 | GBX11.38 Billion | ▲ +29.7 pp |
| 1989 | 70.3% | GBX4.69 Billion | GBX1.39 Billion | GBX11.67 Billion | ▼ 0.0 pp |
| 1988 | 70.3% | GBX4.29 Billion | GBX1.27 Billion | GBX8.23 Billion | ▲ +5.2 pp |
| 1987 | 65.1% | GBX3.65 Billion | GBX1.27 Billion | GBX7.54 Billion | ▲ +0.0 pp |
| 1986 | 65.1% | GBX2.94 Billion | GBX1.03 Billion | GBX6.26 Billion | ▼ -2.4 pp |
| 1985 | 67.5% | GBX2.59 Billion | GBX840.62 Million | GBX5.38 Billion | — |