New Relic (NEWR) - Net Assets

Net assets on the balance sheet as of September 2023 : C$0.57 B

According to New Relic 's latest financial reports the company has C$0.57 B 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	14.35%
2022-03-31	$C$0.43 B	-18.05%
2021-03-31	$C$0.52 B	-5.78%
2020-03-31	$C$0.55 B	18.42%
2019-03-31	$C$0.47 B	69.37%
2018-03-31	$C$0.27 B	11.69%
2017-03-31	$C$0.24 B	-0.86%
2016-03-31	$C$0.25 B	-8.05%
2015-03-31	$C$0.27 B	-481.36%
2014-03-31	$-C$71.53 M	125.04%
2013-03-31	$-C$31.79 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Workday WDAY	C$11.31 B	1,879.11%	🇺🇸 USA
Globant GLOB	C$2.49 B	336.16%	🇱🇺 Luxembourg
Qualys QLYS	C$0.58 B	1.46%	🇺🇸 USA
Veeva Systems VEEV	C$7.03 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 : C$0.57 B