New Relic (NEWR) - Net Assets

Net assets on the balance sheet as of September 2023 : ₹35.80 Billion

According to New Relic 's latest financial reports the company has ₹35.80 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	$₹29.84 B	14.29%
2022-03-31	$₹26.11 B	-14.81%
2021-03-31	$₹30.65 B	3.63%
2020-03-31	$₹29.58 B	20.89%
2019-03-31	$₹24.46 B	74.69%
2018-03-31	$₹14.00 B	15.7%
2017-03-31	$₹12.10 B	-5.61%
2016-03-31	$₹12.82 B	-4.52%
2015-03-31	$₹13.43 B	-447.1%
2014-03-31	$-₹3.87 Billion	128.18%
2013-03-31	$-₹1.7 Billion

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Workday WDAY	₹732.41 B	1,945.27%	🇺🇸 USA
Globant GLOB	₹165.95 B	363.43%	🇱🇺 Luxembourg
Qualys QLYS	₹38.18 B	6.63%	🇺🇸 USA
Veeva Systems VEEV	₹440.32 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 : ₹35.80 Billion