Sumitomo (8053.T) - Net assets

Net assets on the balance sheet as of March 2024 : €29.33 Billion

According to Sumitomo's latest financial reports the company has €29.33 Billion 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	$€27.38 B	10.3%
2022-03-31	$€24.82 B	19.1%
2021-03-31	$€20.84 B	-7.75%
2020-03-31	$€22.59 B	-3.08%
2019-03-31	$€23.31 B	13.42%
2018-03-31	$€20.55 B	-1.27%
2017-03-31	$€20.81 B	10.85%
2016-03-31	$€18.78 B	-6.73%
2015-03-31	$€20.13 B	12.16%
2014-03-31	$€17.95 B	-0.25%
2013-03-31	$€17.99 B	10.47%
2012-03-31	$€16.29 B	13.73%
2011-03-31	$€14.32 B	10.54%
2010-03-31	$€12.96 B	16.47%
2009-03-31	$€11.12 B	7.9%
2008-03-31	$€10.31 B	3.23%
2007-03-31	$€9.99 B	1.91%
2006-03-31	$€9.80 B	33.02%
2005-03-31	$€7.37 B	15.73%
2004-03-31	$€6.36 B	15.04%
2003-03-31	$€5.53 B	-11.19%
2002-03-31	$€6.23 B	-0.06%
2001-03-31	$€6.23 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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