Sumitomo (8053.T) - Net Assets

Net assets on the balance sheet as of March 2024 : £23.51 B

According to Sumitomo's latest financial reports the company has £23.51 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	$£24.18 B	14.67%
2022-03-31	$£21.09 B	19.11%
2021-03-31	$£17.70 B	-11.92%
2020-03-31	$£20.10 B	0.15%
2019-03-31	$£20.07 B	11.01%
2018-03-31	$£18.08 B	1.93%
2017-03-31	$£17.73 B	19.91%
2016-03-31	$£14.79 B	0.46%
2015-03-31	$£14.72 B	-0.72%
2014-03-31	$£14.83 B	-2.27%
2013-03-31	$£15.17 B	11.7%
2012-03-31	$£13.58 B	7.84%
2011-03-31	$£12.59 B	8.53%
2010-03-31	$£11.60 B	12.22%
2009-03-31	$£10.34 B	27.88%
2008-03-31	$£8.09 B	19.14%
2007-03-31	$£6.79 B	-1.19%
2006-03-31	$£6.87 B	35.41%
2005-03-31	$£5.07 B	18.24%
2004-03-31	$£4.29 B	12.89%
2003-03-31	$£3.80 B	-0.4%
2002-03-31	$£3.81 B	-1.13%
2001-03-31	$£3.86 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