Newtek (NEWT) - Net assets

Net assets on the balance sheet as of June 2024 : HK$2.13 B

According to Newtek's latest financial reports the company has HK$2.13 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	$HK$2.93 B	-6.87%
2021-12-31	$HK$3.14 B	19.69%
2020-12-31	$HK$2.63 B	4.84%
2019-12-31	$HK$2.50 B	11.5%
2018-12-31	$HK$2.25 B	3.51%
2017-12-31	$HK$2.17 B	34.11%
2016-12-31	$HK$1.62 B	2.58%
2015-12-31	$HK$1.58 B	22.42%
2014-12-31	$HK$1.29 B	116.21%
2013-12-31	$HK$0.59 B	11.82%
2012-12-31	$HK$0.53 B	16.24%
2011-12-31	$HK$0.45 B	6.21%
2010-12-31	$HK$0.43 B	3.24%
2009-12-31	$HK$0.41 B	-3.6%
2008-12-31	$HK$0.43 B	-31.92%
2007-12-31	$HK$0.63 B	36.34%
2006-12-31	$HK$0.46 B	-26.79%
2005-12-31	$HK$0.63 B	10.32%
2004-12-31	$HK$0.57 B	53.52%
2003-12-31	$HK$0.37 B	51.56%
2002-12-31	$HK$0.24 B	93.97%
2001-12-31	$HK$0.12 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Intuit INTU	HK$143.70 B	6,628.42%	🇺🇸 USA
Microsoft MSFT	HK$2.092 T	97,883.59%	🇺🇸 USA
CBIZ CBZ	HK$6.94 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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