Newtek (NEWT) - Net assets

Net assets on the balance sheet as of June 2024 : $0.27 Billion USD

According to Newtek's latest financial reports the company has $0.27 Billion USD 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	$$0.37 B	-7.06%
2021-12-31	$$0.40 B	19.02%
2020-12-31	$$0.33 B	5.32%
2019-12-31	$$0.32 B	12.1%
2018-12-31	$$0.28 B	3.28%
2017-12-31	$$0.27 B	33.11%
2016-12-31	$$0.20 B	2.52%
2015-12-31	$$0.20 B	22.55%
2014-12-31	$$0.16 B	116.1%
2013-12-31	$$77 M	11.77%
2012-12-31	$$68.9 M	16.48%
2011-12-31	$$59.15 M	6.4%
2010-12-31	$$55.59 M	2.9%
2009-12-31	$$54.02 M	-3.66%
2008-12-31	$$56.07 M	-31.44%
2007-12-31	$$81.79 M	35.87%
2006-12-31	$$60.2 M	-27.02%
2005-12-31	$$82.49 M	-0.39%
2004-12-31	$$82.81 M	70.26%
2003-12-31	$$48.64 M	52.26%
2002-12-31	$$31.94 M	93.92%
2001-12-31	$$16.47 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Intuit INTU	$18.43 B	6,628.42%	🇺🇸 USA
Microsoft MSFT	$287.72 B	104,907.63%	🇺🇸 USA
CBIZ CBZ	$0.89 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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