New Relic (NEWR) - Net Assets

Net assets on the balance sheet as of September 2023 : S$0.54 Billion

According to New Relic 's latest financial reports the company has S$0.54 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	$S$0.48 B	3.66%
2022-03-31	$S$0.46 B	-16.92%
2021-03-31	$S$0.56 B	0.65%
2020-03-31	$S$0.55 B	16.88%
2019-03-31	$S$0.47 B	69.18%
2018-03-31	$S$0.28 B	8.09%
2017-03-31	$S$0.26 B	0.16%
2016-03-31	$S$0.26 B	-11.71%
2015-03-31	$S$0.29 B	-462.61%
2014-03-31	$-S$81.38 Million	109.89%
2013-03-31	$-S$38.77 Million

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Workday WDAY	S$11.88 B	2,075.24%	🇺🇸 USA
Globant GLOB	S$2.83 B	419.21%	🇱🇺 Luxembourg
Qualys QLYS	S$0.68 B	25.55%	🇺🇸 USA
Veeva Systems VEEV	S$8.59 B	1,474.40%	🇺🇸 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 : S$0.54 Billion