Sumitomo (8053.T) - Net assets

Net assets on the balance sheet as of March 2024 : ₹2.603 Trillion

According to Sumitomo's latest financial reports the company has ₹2.603 Trillion 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	$₹2.451 T	16.67%
2022-03-31	$₹2.101 T	17.07%
2021-03-31	$₹1.794 T	-4.49%
2020-03-31	$₹1.879 T	3.36%
2019-03-31	$₹1.818 T	10.17%
2018-03-31	$₹1.650 T	14.48%
2017-03-31	$₹1.441 T	2.04%
2016-03-31	$₹1.412 T	3.64%
2015-03-31	$₹1.363 T	-7.73%
2014-03-31	$₹1.477 T	17.92%
2013-03-31	$₹1.252 T	13.36%
2012-03-31	$₹1.105 T	22.46%
2011-03-31	$₹902.44 B	15.06%
2010-03-31	$₹784.29 B	4.77%
2009-03-31	$₹748.59 B	15.48%
2008-03-31	$₹648.24 B	12.66%
2007-03-31	$₹575.37 B	8.79%
2006-03-31	$₹528.87 B	26.9%
2005-03-31	$₹416.77 B	22.65%
2004-03-31	$₹339.79 B	19.21%
2003-03-31	$₹285.04 B	7.33%
2002-03-31	$₹265.56 B	4.21%
2001-03-31	$₹254.83 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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