Sumitomo (8053.T) - Net Assets

Net assets on the balance sheet as of March 2024 : C$42.86 Billion

According to Sumitomo's latest financial reports the company has C$42.86 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	$C$40.37 B	16.73%
2022-03-31	$C$34.58 B	12.15%
2021-03-31	$C$30.84 B	-12.72%
2020-03-31	$C$35.33 B	1.1%
2019-03-31	$C$34.95 B	6.82%
2018-03-31	$C$32.72 B	10.31%
2017-03-31	$C$29.66 B	7.39%
2016-03-31	$C$27.62 B	-0.05%
2015-03-31	$C$27.63 B	1.31%
2014-03-31	$C$27.28 B	16.19%
2013-03-31	$C$23.48 B	8.18%
2012-03-31	$C$21.70 B	10.44%
2011-03-31	$C$19.65 B	10.54%
2010-03-31	$C$17.77 B	-4.42%
2009-03-31	$C$18.60 B	11.65%
2008-03-31	$C$16.66 B	8.01%
2007-03-31	$C$15.42 B	11.26%
2006-03-31	$C$13.86 B	19.94%
2005-03-31	$C$11.56 B	12.57%
2004-03-31	$C$10.26 B	16.65%
2003-03-31	$C$8.80 B	1.43%
2002-03-31	$C$8.67 B	0.66%
2001-03-31	$C$8.62 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