Daido Steel (5471.T)

Net assets on the balance sheet as of December 2023 : C$4.38 Billion

According to Daido Steel's latest financial reports the company has C$4.38 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	$C$4.64 B	14.96%
2022-03-31	$C$4.03 B	4.01%
2021-03-31	$C$3.88 B	-4.3%
2020-03-31	$C$4.05 B	6.03%
2019-03-31	$C$3.82 B	-0.43%
2018-03-31	$C$3.84 B	10.9%
2017-03-31	$C$3.46 B	11.81%
2016-03-31	$C$3.09 B	0.36%
2015-03-31	$C$3.08 B	7.43%
2014-03-31	$C$2.87 B	8.39%
2013-03-31	$C$2.65 B	-4.95%
2012-03-31	$C$2.78 B	13.77%
2011-03-31	$C$2.45 B	19.28%
2010-03-31	$C$2.05 B	-17.59%
2009-03-31	$C$2.49 B	11.35%
2008-03-31	$C$2.24 B	11.01%
2007-03-31	$C$2.01 B	7.61%
2006-03-31	$C$1.87 B	15.14%
2005-03-31	$C$1.62 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