Sumitomo (8053.T) - Net Assets

Net assets on the balance sheet as of March 2024 : £24.41 Billion

According to Sumitomo's latest financial reports the company has £24.41 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	$£24.10 B	14.3%
2022-03-31	$£21.09 B	18.64%
2021-03-31	$£17.77 B	-11.76%
2020-03-31	$£20.14 B	0.36%
2019-03-31	$£20.07 B	11.01%
2018-03-31	$£18.08 B	1.41%
2017-03-31	$£17.83 B	20.4%
2016-03-31	$£14.80 B	0.57%
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	7.97%
2011-03-31	$£12.58 B	9.15%
2010-03-31	$£11.52 B	12.2%
2009-03-31	$£10.27 B	25.46%
2008-03-31	$£8.19 B	20.62%
2007-03-31	$£6.79 B	-0.65%
2006-03-31	$£6.83 B	35.14%
2005-03-31	$£5.05 B	18.9%
2004-03-31	$£4.25 B	11.88%
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