Sumitomo (8053.T) - Net Assets

Net assets on the balance sheet as of March 2024 : $30.86 Billion USD

According to Sumitomo's latest financial reports the company has $30.86 Billion USD 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	$$29.86 B	7.76%
2022-03-31	$$27.71 B	13.4%
2021-03-31	$$24.43 B	-1.95%
2020-03-31	$$24.92 B	-4.81%
2019-03-31	$$26.18 B	3.31%
2018-03-31	$$25.34 B	13.91%
2017-03-31	$$22.24 B	4.52%
2016-03-31	$$21.28 B	-2.39%
2015-03-31	$$21.80 B	-11.67%
2014-03-31	$$24.68 B	6.98%
2013-03-31	$$23.07 B	6.18%
2012-03-31	$$21.73 B	7.44%
2011-03-31	$$20.22 B	15.55%
2010-03-31	$$17.50 B	18.76%
2009-03-31	$$14.74 B	-9.29%
2008-03-31	$$16.25 B	21.94%
2007-03-31	$$13.32 B	12.21%
2006-03-31	$$11.87 B	24.28%
2005-03-31	$$9.55 B	21.88%
2004-03-31	$$7.84 B	30.83%
2003-03-31	$$5.99 B	10.17%
2002-03-31	$$5.44 B	-0.43%
2001-03-31	$$5.46 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