Daido Steel (5471.T)

Net assets on the balance sheet as of December 2023 : €2.80 Billion

According to Daido Steel's latest financial reports the company has €2.80 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Daido Steel - Net assets on balance sheet (from 2008 to 2023)

Net assets by year

Year	Net assets	Change
2023-03-31	$€3.14 B	8.62%
2022-03-31	$€2.89 B	10.45%
2021-03-31	$€2.62 B	1.16%
2020-03-31	$€2.59 B	1.65%
2019-03-31	$€2.55 B	5.73%
2018-03-31	$€2.41 B	-0.75%
2017-03-31	$€2.43 B	15.42%
2016-03-31	$€2.10 B	-6.34%
2015-03-31	$€2.24 B	18.94%
2014-03-31	$€1.89 B	-6.95%
2013-03-31	$€2.03 B	-2.94%
2012-03-31	$€2.09 B	17.17%
2011-03-31	$€1.78 B	19.28%
2010-03-31	$€1.49 B	0.43%
2009-03-31	$€1.49 B	7.61%
2008-03-31	$€1.38 B	6.09%
2007-03-31	$€1.30 B	-1.44%
2006-03-31	$€1.32 B	27.69%
2005-03-31	$€1.03 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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Daido Steel (5471.T) - Net assets