Newtek (NEWT) - Net assets

Net assets on the balance sheet as of June 2024 : ₹22.98 B

According to Newtek's latest financial reports the company has ₹22.98 B 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	$₹31.06 B	3.2%
2021-12-31	$₹30.09 B	21.48%
2020-12-31	$₹24.77 B	8.03%
2019-12-31	$₹22.93 B	14.71%
2018-12-31	$₹19.99 B	12.51%
2017-12-31	$₹17.77 B	25.07%
2016-12-31	$₹14.20 B	4.85%
2015-12-31	$₹13.55 B	28.67%
2014-12-31	$₹10.53 B	121.29%
2013-12-31	$₹4.75 B	26.13%
2012-12-31	$₹3.77 B	20.58%
2011-12-31	$₹3.12 B	25.55%
2010-12-31	$₹2.49 B	-0.96%
2009-12-31	$₹2.51 B	-9.73%
2008-12-31	$₹2.78 B	-13.56%
2007-12-31	$₹3.22 B	20.96%
2006-12-31	$₹2.66 B	-28.17%
2005-12-31	$₹3.71 B	13.97%
2004-12-31	$₹3.25 B	46.8%
2003-12-31	$₹2.21 B	44.84%
2002-12-31	$₹1.53 B	92.73%
2001-12-31	$₹0.79 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Intuit INTU	₹1.546 T	6,628.42%	🇺🇸 USA
Microsoft MSFT	₹22.523 T	97,883.59%	🇺🇸 USA
CBIZ CBZ	₹74.78 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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