Sumitomo (8053.T) - Net Assets

Net assets on the balance sheet as of March 2024 : S$41.64 Billion

According to Sumitomo's latest financial reports the company has S$41.64 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	$S$39.65 B	5.8%
2022-03-31	$S$37.47 B	13.86%
2021-03-31	$S$32.91 B	-7.23%
2020-03-31	$S$35.48 B	-0%
2019-03-31	$S$35.48 B	6.85%
2018-03-31	$S$33.21 B	6.83%
2017-03-31	$S$31.08 B	8.09%
2016-03-31	$S$28.76 B	-4.14%
2015-03-31	$S$30.00 B	-3.5%
2014-03-31	$S$31.09 B	8.59%
2013-03-31	$S$28.63 B	4.82%
2012-03-31	$S$27.31 B	7.08%
2011-03-31	$S$25.50 B	4.14%
2010-03-31	$S$24.49 B	9.22%
2009-03-31	$S$22.42 B	0.14%
2008-03-31	$S$22.39 B	10.77%
2007-03-31	$S$20.21 B	5.37%
2006-03-31	$S$19.18 B	21.68%
2005-03-31	$S$15.76 B	20.12%
2004-03-31	$S$13.12 B	24.04%
2003-03-31	$S$10.58 B	5.36%
2002-03-31	$S$10.04 B	1.27%
2001-03-31	$S$9.91 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