Newtek (NEWT) - Net assets

Net assets on the balance sheet as of June 2024 : ₹23.15 Billion

According to Newtek's latest financial reports the company has ₹23.15 Billion 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	$₹31.06 B	3.32%
2021-12-31	$₹30.06 B	21.13%
2020-12-31	$₹24.81 B	8.01%
2019-12-31	$₹22.97 B	14.33%
2018-12-31	$₹20.09 B	13.1%
2017-12-31	$₹17.77 B	25.07%
2016-12-31	$₹14.20 B	4.84%
2015-12-31	$₹13.55 B	28.5%
2014-12-31	$₹10.54 B	121.69%
2013-12-31	$₹4.75 B	26.11%
2012-12-31	$₹3.77 B	20.56%
2011-12-31	$₹3.12 B	25.61%
2010-12-31	$₹2.49 B	-0.63%
2009-12-31	$₹2.50 B	-7%
2008-12-31	$₹2.69 B	-16.03%
2007-12-31	$₹3.21 B	20.39%
2006-12-31	$₹2.66 B	-28.17%
2005-12-31	$₹3.71 B	3.5%
2004-12-31	$₹3.58 B	61.95%
2003-12-31	$₹2.21 B	44.57%
2002-12-31	$₹1.53 B	92.73%
2001-12-31	$₹0.79 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Intuit INTU	₹1.557 T	6,628.42%	🇺🇸 USA
Microsoft MSFT	₹24.310 T	104,907.63%	🇺🇸 USA
CBIZ CBZ	₹75.31 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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