>
Switch to:

Sumitomo Mitsui Financial Group Net Cash per Share

: $-210.17 (As of Mar. 2022)
View and export this data going back to 2006. Start your Free Trial

Net cash per share is calculated as Cash And Cash Equivalents minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). Sumitomo Mitsui Financial Group's net cash per share for the quarter that ended in Mar. 2022 was $-210.17.

The historical rank and industry rank for Sumitomo Mitsui Financial Group's Net Cash per Share or its related term are showing as below:


Sumitomo Mitsui Financial Group Net Cash per Share Historical Data

The historical data trend for Sumitomo Mitsui Financial Group's Net Cash per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Sumitomo Mitsui Financial Group Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Net Cash per Share
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -153.49 -152.11 -170.67 -170.79 -210.17

Sumitomo Mitsui Financial Group Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
Net Cash per Share Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -170.79 -206.08 -197.06 -211.76 -210.17

Competitive Comparison

For the Banks - Diversified subindustry, Sumitomo Mitsui Financial Group's Net Cash per Share, along with its competitors' market caps and Net Cash per Share data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

   

Sumitomo Mitsui Financial Group Net Cash per Share Distribution

For the Banks industry and Financial Services sector, Sumitomo Mitsui Financial Group's Net Cash per Share distribution charts can be found below:

* The bar in red indicates where Sumitomo Mitsui Financial Group's Net Cash per Share falls into.



Sumitomo Mitsui Financial Group Net Cash per Share Calculation

In the calculation of a company's net cash, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative net cash. But sometimes a company's price may be lower than its net-cash.

Sumitomo Mitsui Financial Group's Net Cash Per Share for the fiscal year that ended in Mar. 2022 is calculated as

Net Cash Per Share (A: Mar. 2022 )=(Cash And Cash Equivalents-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(630745.17572489-2070439.18993-823.43684378305)/6854.1
=-210.17

Sumitomo Mitsui Financial Group's Net Cash Per Share for the quarter that ended in Mar. 2022 is calculated as

Net Cash Per Share (Q: Mar. 2022 )=(Cash And Cash Equivalents-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(630745.17572489-2070439.18993-823.43684378305)/6854.1
=-210.17

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Sumitomo Mitsui Financial Group  (NYSE:SMFG) Net Cash per Share Explanation

Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.

You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener. GuruFocus also publishes a monthly Net-Net newsletter.


Sumitomo Mitsui Financial Group Net Cash per Share Related Terms

Thank you for viewing the detailed overview of Sumitomo Mitsui Financial Group's Net Cash per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Sumitomo Mitsui Financial Group Business Description

Sumitomo Mitsui Financial Group logo
Industry
Financial Services » Banks NAICS : 522110 SIC : 6029
Address
1-2, Marunouchi 1-chome, Chiyoda-ku, Tokyo, JPN, 100-0005
Sumitomo Mitsui Financial Group is roughly tied with Mizuho Financial Group for the status of Japan's second- largest bank after Mitsubishi UFJ Financial Group. As of March 2021, its market share of domestic loans was 7.0%, compared with 8.5% for MUFG. It has a larger consumer finance business than the other two megabanks, owning 100% of the Promise business and SMBC Card. It also controls one of Japan's largest leasing companies and SMBC Aviation Capital, one of the top five aircraft lessors globally. In securities, its SMBC Nikko unit is Japan's third- largest retail broker, although SMFG has lagged somewhat in institutional securities business and asset management, areas that it is working on strengthening.

Sumitomo Mitsui Financial Group Headlines

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)