Daido Steel (5471.T)

Net assets on the balance sheet as of December 2023 : ₹266.11 Billion

According to Daido Steel's latest financial reports the company has ₹266.11 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	$₹281.87 B	14.9%
2022-03-31	$₹245.32 B	8.57%
2021-03-31	$₹225.95 B	4.73%
2020-03-31	$₹215.75 B	8.4%
2019-03-31	$₹199.03 B	2.7%
2018-03-31	$₹193.79 B	15.09%
2017-03-31	$₹168.38 B	6.24%
2016-03-31	$₹158.49 B	4.07%
2015-03-31	$₹152.29 B	-2.15%
2014-03-31	$₹155.64 B	10.01%
2013-03-31	$₹141.49 B	-0.39%
2012-03-31	$₹142.04 B	26.16%
2011-03-31	$₹112.59 B	24.17%
2010-03-31	$₹90.67 B	-9.66%
2009-03-31	$₹100.37 B	15.17%
2008-03-31	$₹87.15 B	15.79%
2007-03-31	$₹75.26 B	5.22%
2006-03-31	$₹71.52 B	21.81%
2005-03-31	$₹58.72 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