Sumitomo (8053.T) - Net Assets

Net assets on the balance sheet as of March 2024 : A$47.65 Billion

According to Sumitomo's latest financial reports the company has A$47.65 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Sumitomo - Net assets on balance sheet (from 2009 to 2024)

Net assets by year

Year	Net assets	Change
2023-03-31	$A$44.45 B	20.37%
2022-03-31	$A$36.93 B	14.99%
2021-03-31	$A$32.11 B	-20.5%
2020-03-31	$A$40.40 B	9.34%
2019-03-31	$A$36.94 B	12%
2018-03-31	$A$32.98 B	13.51%
2017-03-31	$A$29.06 B	4.6%
2016-03-31	$A$27.78 B	-2.43%
2015-03-31	$A$28.47 B	6.81%
2014-03-31	$A$26.66 B	20.32%
2013-03-31	$A$22.15 B	5.83%
2012-03-31	$A$20.93 B	6.81%
2011-03-31	$A$19.60 B	2.53%
2010-03-31	$A$19.12 B	-10.26%
2009-03-31	$A$21.30 B	19.82%
2008-03-31	$A$17.78 B	7.81%
2007-03-31	$A$16.49 B	-1.98%
2006-03-31	$A$16.82 B	36.06%
2005-03-31	$A$12.36 B	18.83%
2004-03-31	$A$10.40 B	4.75%
2003-03-31	$A$9.93 B	-2.56%
2002-03-31	$A$10.19 B	-9.8%
2001-03-31	$A$11.30 B

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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Sumitomo (8053.T) - Net assets