New Relic (NEWR) - Net Assets

Net assets on the balance sheet as of September 2023 : NZ$0.72 Billion

According to New Relic 's latest financial reports the company has NZ$0.72 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$0.57 B	17.36%
2022-03-31	$NZ$0.49 B	-17.23%
2021-03-31	$NZ$0.59 B	-8.56%
2020-03-31	$NZ$0.65 B	26.01%
2019-03-31	$NZ$0.51 B	74.36%
2018-03-31	$NZ$0.29 B	11.36%
2017-03-31	$NZ$0.26 B	-4.69%
2016-03-31	$NZ$0.27 B	-2.28%
2015-03-31	$NZ$0.28 B	-484.02%
2014-03-31	$-NZ$74.6 Million	99.9%
2013-03-31	$-NZ$37.32 Million

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Workday WDAY	NZ$14.29 B	1,879.11%	🇺🇸 USA
Globant GLOB	NZ$3.15 B	336.16%	🇱🇺 Luxembourg
Qualys QLYS	NZ$0.77 B	6.63%	🇺🇸 USA
Veeva Systems VEEV	NZ$8.88 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 : NZ$0.72 Billion