Newtek (NEWT) - Net assets

Net assets on the balance sheet as of June 2024 : A$0.42 Billion

According to Newtek's latest financial reports the company has A$0.42 Billion 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	-0.99%
2021-12-31	$A$0.55 B	26.23%
2020-12-31	$A$0.44 B	-4.11%
2019-12-31	$A$0.46 B	12.79%
2018-12-31	$A$0.40 B	14.45%
2017-12-31	$A$0.35 B	22.9%
2016-12-31	$A$0.29 B	3.61%
2015-12-31	$A$0.27 B	37.68%
2014-12-31	$A$0.20 B	135.53%
2013-12-31	$A$86.33 M	30.21%
2012-12-31	$A$66.3 M	14.93%
2011-12-31	$A$57.69 M	5.41%
2010-12-31	$A$54.73 M	-9%
2009-12-31	$A$60.14 M	-24.34%
2008-12-31	$A$79.48 M	-15.04%
2007-12-31	$A$93.55 M	22.51%
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$28.55 B	6,628.42%	🇺🇸 USA
Microsoft MSFT	A$445.70 B	104,907.63%	🇺🇸 USA
CBIZ CBZ	A$1.38 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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