New Relic (NEWR) - Net Assets

Net assets on the balance sheet as of September 2023 : €0.39 Billion

According to New Relic 's latest financial reports the company has €0.39 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	$€0.33 B	8.05%
2022-03-31	$€0.30 B	-13.33%
2021-03-31	$€0.35 B	0.1%
2020-03-31	$€0.35 B	13.37%
2019-03-31	$€0.31 B	79.84%
2018-03-31	$€0.17 B	-0.22%
2017-03-31	$€0.17 B	2.55%
2016-03-31	$€0.17 B	-14.07%
2015-03-31	$€0.19 B	-521.93%
2014-03-31	$-€47.03 Million	93.01%
2013-03-31	$-€24.37 Million

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Workday WDAY	€7.73 B	1,879.11%	🇺🇸 USA
Globant GLOB	€1.70 B	336.16%	🇱🇺 Luxembourg
Qualys QLYS	€0.39 B	1.46%	🇺🇸 USA
Veeva Systems VEEV	€4.80 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 : €0.39 Billion