Sumitomo (8053.T) - Net assets

Net assets on the balance sheet as of March 2024 : NZ$51.62 Billion

According to Sumitomo's latest financial reports the company has NZ$51.62 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	$NZ$47.62 B	19.8%
2022-03-31	$NZ$39.75 B	13.75%
2021-03-31	$NZ$34.94 B	-15.73%
2020-03-31	$NZ$41.47 B	7.74%
2019-03-31	$NZ$38.49 B	9.97%
2018-03-31	$NZ$35.00 B	10.19%
2017-03-31	$NZ$31.76 B	3.02%
2016-03-31	$NZ$30.83 B	6.07%
2015-03-31	$NZ$29.07 B	2.09%
2014-03-31	$NZ$28.47 B	3.31%
2013-03-31	$NZ$27.56 B	4.11%
2012-03-31	$NZ$26.47 B	-0.25%
2011-03-31	$NZ$26.54 B	7.2%
2010-03-31	$NZ$24.76 B	-5.9%
2009-03-31	$NZ$26.31 B	27.09%
2008-03-31	$NZ$20.70 B	11.16%
2007-03-31	$NZ$18.62 B	-3.73%
2006-03-31	$NZ$19.34 B	44.24%
2005-03-31	$NZ$13.41 B	14.04%
2004-03-31	$NZ$11.76 B	8.65%
2003-03-31	$NZ$10.82 B	-12.31%
2002-03-31	$NZ$12.34 B	-10.27%
2001-03-31	$NZ$13.75 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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