New Relic (NEWR) - Net Assets

Net assets on the balance sheet as of September 2023 : £0.33 Billion

According to New Relic 's latest financial reports the company has £0.33 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	$£0.29 B	11.97%
2022-03-31	$£0.26 B	-13.67%
2021-03-31	$£0.30 B	-4.25%
2020-03-31	$£0.31 B	17.39%
2019-03-31	$£0.27 B	76.02%
2018-03-31	$£0.15 B	2.5%
2017-03-31	$£0.14 B	11.38%
2016-03-31	$£0.13 B	-7.35%
2015-03-31	$£0.14 B	-473.45%
2014-03-31	$-£38.86 Million	89.1%
2013-03-31	$-£20.55 Million

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Workday WDAY	£6.78 B	1,945.27%	🇺🇸 USA
Globant GLOB	£1.53 B	363.43%	🇱🇺 Luxembourg
Qualys QLYS	£0.35 B	6.63%	🇺🇸 USA
Veeva Systems VEEV	£4.08 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 : £0.33 Billion