New Relic (NEWR) - Net Assets

Net assets on the balance sheet as of September 2023 : ₹40.37 Billion

According to New Relic 's latest financial reports the company has ₹40.37 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	$₹29.86 B	14.25%
2022-03-31	$₹26.14 B	-14.43%
2021-03-31	$₹30.55 B	3.39%
2020-03-31	$₹29.55 B	20.79%
2019-03-31	$₹24.46 B	74.69%
2018-03-31	$₹14.00 B	15.56%
2017-03-31	$₹12.11 B	-5.33%
2016-03-31	$₹12.80 B	-4.38%
2015-03-31	$₹13.38 B	-445.11%
2014-03-31	$-₹3.88 Billion	128.78%
2013-03-31	$-₹1.7 Billion

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Workday WDAY	₹618.60 B	1,432.06%	🇺🇸 USA
Qualys QLYS	₹53.83 B	33.34%	🇺🇸 USA
Veeva Systems VEEV	₹711.63 B	1,662.45%	🇺🇸 USA
Globant GLOB	₹208.17 B	415.57%	🇱🇺 Luxembourg

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 : ₹40.37 Billion