New Relic (NEWR) - Net Assets

Net assets on the balance sheet as of September 2023 : S$0.55 Billion

According to New Relic 's latest financial reports the company has S$0.55 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	3.64%
2022-03-31	$S$0.46 B	-17.15%
2021-03-31	$S$0.56 B	0.66%
2020-03-31	$S$0.55 B	16.96%
2019-03-31	$S$0.47 B	69.42%
2018-03-31	$S$0.28 B	7.97%
2017-03-31	$S$0.26 B	-0.01%
2016-03-31	$S$0.26 B	-11.68%
2015-03-31	$S$0.29 B	-463.01%
2014-03-31	$-S$81.44 Million	110.12%
2013-03-31	$-S$38.76 Million

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Workday WDAY	S$11.06 B	1,879.11%	🇺🇸 USA
Globant GLOB	S$2.43 B	336.16%	🇱🇺 Luxembourg
Qualys QLYS	S$0.56 B	1.46%	🇺🇸 USA
Veeva Systems VEEV	S$6.87 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 : S$0.55 Billion