This company has been acquired
New Relic Balance Sheet Health
Financial Health criteria checks 6/6
New Relic has a total shareholder equity of $421.7M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $895.0M and $473.4M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$436.57m |
| Equity | US$421.66m |
| Total liabilities | US$473.36m |
| Total assets | US$895.01m |
Recent financial health updates
Recent updates
New Relic: A Great Way To Cash Out
Aug 01New Relic: The Impact Of Revenue Growth Deceleration (Rating Downgrade)
Jun 27New Relic: Full Steam Ahead; Buy With Confidence (Rating Upgrade)
May 30New Relic Non-GAAP EPS of $0.32 beats by $0.17, revenue of $239.8M beats by $6.88M
Feb 07New Relic: Scoop This Up As Growth Revs Up Again
Jan 17New Relic: From Bubble To Overvalued
Nov 01Skykit joins hands with New Relic for making data observatory more accessible
Oct 20New Relic: The Rally Is Just Beginning
Aug 09New Relic jumps 16% on report of potential sale process
Jul 20New Relic goes into the red following Morgan Stanley downgrade
Jul 11Financial Position Analysis
Short Term Liabilities: NEWR's short term assets ($622.8M) exceed its short term liabilities ($394.8M).
Long Term Liabilities: NEWR's short term assets ($622.8M) exceed its long term liabilities ($78.6M).
Debt to Equity History and Analysis
Debt Level: NEWR is debt free.
Reducing Debt: NEWR has no debt compared to 5 years ago when its debt to equity ratio was 123.2%.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable NEWR has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: NEWR is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 0.6% per year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2023/11/09 20:29 |
| End of Day Share Price | 2023/11/07 00:00 |
| Earnings | 2023/09/30 |
| Annual Earnings | 2023/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
New Relic, Inc. is covered by 25 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Joseph Bonner | Argus Research Company |
| William Kingsley Crane | Berenberg |
| Keith Bachman | BMO Capital Markets Equity Research |