Sumitomo (8053.T) - Net Assets

Net assets on the balance sheet as of March 2024 : NZ$49.88 B

According to Sumitomo's latest financial reports the company has NZ$49.88 B 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	$NZ$47.67 B	19.26%
2022-03-31	$NZ$39.97 B	14.46%
2021-03-31	$NZ$34.92 B	-16.91%
2020-03-31	$NZ$42.03 B	9.21%
2019-03-31	$NZ$38.49 B	9.97%
2018-03-31	$NZ$35.00 B	10.34%
2017-03-31	$NZ$31.72 B	2.99%
2016-03-31	$NZ$30.80 B	6.16%
2015-03-31	$NZ$29.01 B	1.79%
2014-03-31	$NZ$28.50 B	3.4%
2013-03-31	$NZ$27.56 B	4.11%
2012-03-31	$NZ$26.47 B	-0.07%
2011-03-31	$NZ$26.49 B	7.41%
2010-03-31	$NZ$24.66 B	-6%
2009-03-31	$NZ$26.24 B	29.83%
2008-03-31	$NZ$20.21 B	8.53%
2007-03-31	$NZ$18.62 B	-5.09%
2006-03-31	$NZ$19.62 B	45.74%
2005-03-31	$NZ$13.46 B	12.83%
2004-03-31	$NZ$11.93 B	10.25%
2003-03-31	$NZ$10.82 B	-12.31%
2002-03-31	$NZ$12.34 B	-10.27%
2001-03-31	$NZ$13.75 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