New Relic (NEWR) - Net Assets

Net assets on the balance sheet as of September 2023 : $0.42 Billion USD

According to New Relic 's latest financial reports the company has $0.42 Billion USD 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	$$0.36 B	5.56%
2022-03-31	$$0.34 B	-17.48%
2021-03-31	$$0.41 B	6.39%
2020-03-31	$$0.39 B	11.34%
2019-03-31	$$0.35 B	63.81%
2018-03-31	$$0.21 B	15.12%
2017-03-31	$$0.18 B	-3.31%
2016-03-31	$$0.19 B	-10.07%
2015-03-31	$$0.21 B	-432.28%
2014-03-31	$-$64.67 Million	107%
2013-03-31	$-$31.24 Million

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Workday WDAY	$8.62 B	1,945.27%	🇺🇸 USA
Globant GLOB	$1.95 B	363.43%	🇱🇺 Luxembourg
Qualys QLYS	$0.44 B	6.63%	🇺🇸 USA
Veeva Systems VEEV	$5.18 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 : $0.42 Billion USD