New Relic Total Current Liabilities

New Relic posts a total current liabilities of $390M as of September 2023. That compares with $900M in the prior-year period — down 56.1% year over year. Comparing that reading with peers and prior periods is usually more useful than looking at the number in isolation.

In the prior comparable period, New Relic's total current liabilities was $900M. The latest reading is $390M — a 56.1% year-over-year decrease (period ending September 2023). Use the history and growth charts on this page for a longer lookback.

Total Current Liabilities is one piece of New Relic's financial statement story. At $390M, it should be interpreted next to related metrics — for example revenue with costs, assets with liabilities, or income with margins. Stockcircle links those related pages so you can move from this number to the surrounding context quickly.

Context for NEWR's total current liabilities usually means three checks: (1) trend versus prior periods, (2) level versus peers, and (3) consistency with growth and profitability. This page covers the first two; New Relic's other metric pages and overview cover the third.

Judging New Relic against Technology peers is usually better than using a market-wide rule of thumb. Business models inside Technology are more comparable, which makes gaps in total current liabilities easier to interpret. Start with $390M here, then scan peer and history charts to see if the gap is persistent.