New Relic (NEWR) - Net Assets

Net assets on the balance sheet as of September 2023 : NZ$0.73 Billion

According to New Relic 's latest financial reports the company has NZ$0.73 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	$NZ$0.58 B	16.87%
2022-03-31	$NZ$0.49 B	-16.89%
2021-03-31	$NZ$0.59 B	-9.34%
2020-03-31	$NZ$0.65 B	27.66%
2019-03-31	$NZ$0.51 B	73.69%
2018-03-31	$NZ$0.29 B	11.59%
2017-03-31	$NZ$0.26 B	-4.58%
2016-03-31	$NZ$0.27 B	-3.25%
2015-03-31	$NZ$0.28 B	-487.23%
2014-03-31	$-NZ$74.53 Million	99.84%
2013-03-31	$-NZ$37.3 Million

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Workday WDAY	NZ$15.42 B	2,005.75%	🇺🇸 USA
Globant GLOB	NZ$3.89 B	432.21%	🇱🇺 Luxembourg
Qualys QLYS	NZ$0.91 B	25.55%	🇺🇸 USA
Veeva Systems VEEV	NZ$12.22 B	1,569.76%	🇺🇸 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 : NZ$0.73 Billion