New Relic (NEWR) - Net Assets

Net assets on the balance sheet as of September 2023 : HK$3.27 Billion

According to New Relic 's latest financial reports the company has HK$3.27 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	$HK$2.85 B	5.86%
2022-03-31	$HK$2.69 B	-16.93%
2021-03-31	$HK$3.24 B	6.68%
2020-03-31	$HK$3.04 B	9.97%
2019-03-31	$HK$2.76 B	63.81%
2018-03-31	$HK$1.68 B	16.31%
2017-03-31	$HK$1.45 B	-3.1%
2016-03-31	$HK$1.49 B	-10.08%
2015-03-31	$HK$1.66 B	-432.17%
2014-03-31	$-HK$0.51 Billion	106.83%
2013-03-31	$-HK$0.25 Billion

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Workday WDAY	HK$70.07 B	2,042.51%	🇺🇸 USA
Globant GLOB	HK$15.77 B	382.23%	🇱🇺 Luxembourg
Qualys QLYS	HK$3.70 B	13.15%	🇺🇸 USA
Veeva Systems VEEV	HK$45.24 B	1,283.21%	🇺🇸 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 : HK$3.27 Billion