New Relic (NEWR) - Net Assets

Net assets on the balance sheet as of September 2023 : A$0.60 Billion

According to New Relic 's latest financial reports the company has A$0.60 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	18.08%
2022-03-31	$A$0.45 B	-16.36%
2021-03-31	$A$0.54 B	-14.03%
2020-03-31	$A$0.63 B	29.06%
2019-03-31	$A$0.49 B	76.92%
2018-03-31	$A$0.27 B	14.57%
2017-03-31	$A$0.24 B	-3.01%
2016-03-31	$A$0.25 B	-10.73%
2015-03-31	$A$0.28 B	-504.5%
2014-03-31	$-A$69.77 Million	132.54%
2013-03-31	$-A$30.01 Million

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Workday WDAY	A$9.28 B	1,432.06%	🇺🇸 USA
Qualys QLYS	A$0.80 B	33.34%	🇺🇸 USA
Veeva Systems VEEV	A$10.67 B	1,662.45%	🇺🇸 USA
Globant GLOB	A$3.12 B	415.57%	🇱🇺 Luxembourg

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$0.60 Billion