New Relic (NEWR) - Net Assets

Net assets on the balance sheet as of September 2023 : C$0.58 Billion

According to New Relic 's latest financial reports the company has C$0.58 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	$C$0.49 B	14.26%
2022-03-31	$C$0.43 B	-17.92%
2021-03-31	$C$0.52 B	-5.05%
2020-03-31	$C$0.55 B	17.43%
2019-03-31	$C$0.47 B	69.58%
2018-03-31	$C$0.27 B	11.53%
2017-03-31	$C$0.24 B	-0.94%
2016-03-31	$C$0.25 B	-7.93%
2015-03-31	$C$0.27 B	-481.47%
2014-03-31	$-C$71.47 Million	124.94%
2013-03-31	$-C$31.78 Million

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Workday WDAY	C$12.67 B	2,075.24%	🇺🇸 USA
Globant GLOB	C$3.02 B	419.21%	🇱🇺 Luxembourg
Qualys QLYS	C$0.73 B	25.55%	🇺🇸 USA
Veeva Systems VEEV	C$9.17 B	1,474.40%	🇺🇸 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 : C$0.58 Billion