Daido Steel (5471.T) - Net assets

Net assets on the balance sheet as of December 2023 : $3.04 Billion USD

According to Daido Steel's latest financial reports the company has $3.04 Billion USD 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)

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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