Newtek (NEWT) - Net assets

Net assets on the balance sheet as of June 2024 : NZ$0.46 Billion

According to Newtek's latest financial reports the company has NZ$0.46 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	$NZ$0.59 B	-0.02%
2021-12-31	$NZ$0.59 B	25.72%
2020-12-31	$NZ$0.47 B	-1.7%
2019-12-31	$NZ$0.47 B	11.65%
2018-12-31	$NZ$0.42 B	9.35%
2017-12-31	$NZ$0.39 B	29.83%
2016-12-31	$NZ$0.30 B	1.3%
2015-12-31	$NZ$0.29 B	40.3%
2014-12-31	$NZ$0.21 B	126.65%
2013-12-31	$NZ$93.71 M	11.89%
2012-12-31	$NZ$83.75 M	10.51%
2011-12-31	$NZ$75.79 M	5.18%
2010-12-31	$NZ$72.06 M	-3.12%
2009-12-31	$NZ$74.38 M	-23.03%
2008-12-31	$NZ$96.63 M	-9.5%
2007-12-31	$NZ$0.10 B	24.96%
2006-12-31	$NZ$85.45 M	-29.2%
2005-12-31	$NZ$0.12 B	3.99%
2004-12-31	$NZ$0.11 B	55.11%
2003-12-31	$NZ$74.82 M	22.59%
2002-12-31	$NZ$61.03 M	53.87%
2001-12-31	$NZ$39.67 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Intuit INTU	NZ$31.10 B	6,628.42%	🇺🇸 USA
Microsoft MSFT	NZ$485.44 B	104,907.63%	🇺🇸 USA
CBIZ CBZ	NZ$1.50 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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