New Relic (NEWR) - Net Assets

Net assets on the balance sheet as of September 2023 : A$0.67 Billion

According to New Relic 's latest financial reports the company has A$0.67 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

New Relic - Net assets on balance sheet (from 2014 to 2023)

Net assets by year

Year	Net assets	Change
2023-03-31	$A$0.54 B	17.92%
2022-03-31	$A$0.45 B	-16.32%
2021-03-31	$A$0.54 B	-13.74%
2020-03-31	$A$0.63 B	27.89%
2019-03-31	$A$0.49 B	77.59%
2018-03-31	$A$0.28 B	14.72%
2017-03-31	$A$0.24 B	-3.23%
2016-03-31	$A$0.25 B	-10.1%
2015-03-31	$A$0.28 B	-501.79%
2014-03-31	$-A$69.84 Million	132.82%
2013-03-31	$-A$30 Million

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Workday WDAY	A$13.80 B	1,945.27%	🇺🇸 USA
Globant GLOB	A$3.12 B	363.43%	🇱🇺 Luxembourg
Qualys QLYS	A$0.71 B	6.63%	🇺🇸 USA
Veeva Systems VEEV	A$8.30 B	1,129.61%	🇺🇸 USA

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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New Relic (NEWR) - Net assets

Net assets on the balance sheet as of September 2023 : A$0.67 Billion