Newtek (NEWT) - Net assets

Net assets on the balance sheet as of June 2024 : C$0.37 B

According to Newtek's latest financial reports the company has C$0.37 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	$C$0.50 B	-0.35%
2021-12-31	$C$0.51 B	18.12%
2020-12-31	$C$0.43 B	3.6%
2019-12-31	$C$0.41 B	6.53%
2018-12-31	$C$0.39 B	12.06%
2017-12-31	$C$0.34 B	24.53%
2016-12-31	$C$0.28 B	-0.79%
2015-12-31	$C$0.28 B	46.73%
2014-12-31	$C$0.19 B	135.6%
2013-12-31	$C$81.92 M	19.3%
2012-12-31	$C$68.67 M	14.13%
2011-12-31	$C$60.17 M	8.13%
2010-12-31	$C$55.64 M	-2.23%
2009-12-31	$C$56.91 M	-16.94%
2008-12-31	$C$68.52 M	-14.56%
2007-12-31	$C$80.19 M	14.42%
2006-12-31	$C$70.09 M	-27.02%
2005-12-31	$C$96.04 M	6.28%
2004-12-31	$C$90.36 M	41.73%
2003-12-31	$C$63.76 M	26.37%
2002-12-31	$C$50.45 M	92.26%
2001-12-31	$C$26.24 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Intuit INTU	C$25.00 B	6,628.42%	🇺🇸 USA
Microsoft MSFT	C$364.15 B	97,883.59%	🇺🇸 USA
CBIZ CBZ	C$1.20 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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