Newtek (NEWT) - Net assets

Net assets on the balance sheet as of June 2024 : NZ$0.44 B

According to Newtek's latest financial reports the company has NZ$0.44 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	$NZ$0.59 B	0.25%
2021-12-31	$NZ$0.58 B	24.99%
2020-12-31	$NZ$0.47 B	-1.22%
2019-12-31	$NZ$0.47 B	11.52%
2018-12-31	$NZ$0.42 B	9.3%
2017-12-31	$NZ$0.39 B	29.83%
2016-12-31	$NZ$0.30 B	1.18%
2015-12-31	$NZ$0.29 B	40.63%
2014-12-31	$NZ$0.21 B	126.25%
2013-12-31	$NZ$93.76 M	11.57%
2012-12-31	$NZ$84.04 M	10.89%
2011-12-31	$NZ$75.79 M	4.76%
2010-12-31	$NZ$72.35 M	-3.45%
2009-12-31	$NZ$74.93 M	-22.91%
2008-12-31	$NZ$97.2 M	-8.17%
2007-12-31	$NZ$0.10 B	23.88%
2006-12-31	$NZ$85.45 M	-29.2%
2005-12-31	$NZ$0.12 B	3.99%
2004-12-31	$NZ$0.11 B	55.11%
2003-12-31	$NZ$74.82 M	22.59%
2002-12-31	$NZ$61.03 M	53.87%
2001-12-31	$NZ$39.67 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Intuit INTU	NZ$29.79 B	6,628.42%	🇺🇸 USA
Microsoft MSFT	NZ$433.95 B	97,883.59%	🇺🇸 USA
CBIZ CBZ	NZ$1.44 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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