Newtek (NEWT) - Net assets

Net assets on the balance sheet as of June 2024 : A$0.41 B

According to Newtek's latest financial reports the company has A$0.41 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Newtek - Net assets on balance sheet (from 2001 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$A$0.55 B	-0.7%
2021-12-31	$A$0.55 B	26.13%
2020-12-31	$A$0.44 B	-3.92%
2019-12-31	$A$0.45 B	12.38%
2018-12-31	$A$0.40 B	14.41%
2017-12-31	$A$0.35 B	22.9%
2016-12-31	$A$0.29 B	3.6%
2015-12-31	$A$0.27 B	37.96%
2014-12-31	$A$0.20 B	135.06%
2013-12-31	$A$86.33 M	29.92%
2012-12-31	$A$66.45 M	15.19%
2011-12-31	$A$57.69 M	5.06%
2010-12-31	$A$54.91 M	-9.1%
2009-12-31	$A$60.4 M	-25.6%
2008-12-31	$A$81.19 M	-13.26%
2007-12-31	$A$93.6 M	22.58%
2006-12-31	$A$76.36 M	-32.26%
2005-12-31	$A$0.11 B	5.35%
2004-12-31	$A$0.10 B	63.54%
2003-12-31	$A$65.43 M	15.41%
2002-12-31	$A$56.7 M	75.66%
2001-12-31	$A$32.27 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Intuit INTU	A$27.65 B	6,628.42%	🇺🇸 USA
Microsoft MSFT	A$402.68 B	97,883.59%	🇺🇸 USA
CBIZ CBZ	A$1.33 B	225.34%	🇺🇸 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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