Newtek (NEWT) - Net assets

Net assets on the balance sheet as of June 2024 : C$0.38 Billion

According to Newtek's latest financial reports the company has C$0.38 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	$C$0.50 B	-1.05%
2021-12-31	$C$0.51 B	18.96%
2020-12-31	$C$0.43 B	2.82%
2019-12-31	$C$0.42 B	7.48%
2018-12-31	$C$0.39 B	11.9%
2017-12-31	$C$0.34 B	24.53%
2016-12-31	$C$0.28 B	-0.68%
2015-12-31	$C$0.28 B	46.49%
2014-12-31	$C$0.19 B	135.59%
2013-12-31	$C$81.97 M	19.64%
2012-12-31	$C$68.51 M	13.87%
2011-12-31	$C$60.17 M	8.28%
2010-12-31	$C$55.57 M	-2.24%
2009-12-31	$C$56.84 M	-16.63%
2008-12-31	$C$68.18 M	-16.44%
2007-12-31	$C$81.59 M	16.42%
2006-12-31	$C$70.09 M	-27.02%
2005-12-31	$C$96.04 M	-3.45%
2004-12-31	$C$99.47 M	57.65%
2003-12-31	$C$63.09 M	25.06%
2002-12-31	$C$50.45 M	92.26%
2001-12-31	$C$26.24 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Intuit INTU	C$25.92 B	6,628.42%	🇺🇸 USA
Microsoft MSFT	C$404.58 B	104,907.63%	🇺🇸 USA
CBIZ CBZ	C$1.25 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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