Newtek Debt To Equity from 2010 to 2024

NEWT Stock  USD 13.30  0.10  0.76%   
Newtek Business Debt To Equity yearly trend continues to be comparatively stable with very little volatility. Debt To Equity will likely drop to 2.26 in 2024. Debt To Equity is a measure of a company's financial leverage calculated by dividing its total liabilities by stockholders' equity, indicating the proportion of equity and debt the company is using to finance its assets. View All Fundamentals
 
Debt To Equity  
First Reported
2010-12-31
Previous Quarter
2.61841587
Current Value
2.26
Quarterly Volatility
1.09907977
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Newtek Business financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Newtek Business' main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.7 M, Interest Expense of 71.1 M or Selling General Administrative of 23.7 M, as well as many indicators such as Price To Sales Ratio of 1.98, Dividend Yield of 0.059 or PTB Ratio of 2.09. Newtek financial statements analysis is a perfect complement when working with Newtek Business Valuation or Volatility modules.
  
Check out the analysis of Newtek Business Correlation against competitors.

Latest Newtek Business' Debt To Equity Growth Pattern

Below is the plot of the Debt To Equity of Newtek Business Services over the last few years. It is a measure of a company's financial leverage calculated by dividing its total liabilities by stockholders' equity, indicating the proportion of equity and debt the company is using to finance its assets. Newtek Business' Debt To Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Newtek Business' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 1.32 %10 Years Trend
Pretty Stable
   Debt To Equity   
       Timeline  

Newtek Debt To Equity Regression Statistics

Arithmetic Mean1.40
Geometric Mean1.10
Coefficient Of Variation78.39
Mean Deviation0.72
Median1.15
Standard Deviation1.10
Sample Variance1.21
Range4.5662
R-Value(0.14)
Mean Square Error1.27
R-Squared0.02
Significance0.61
Slope(0.04)
Total Sum of Squares16.91

Newtek Debt To Equity History

2024 2.26
2023 2.62
2022 0.15
2020 1.17
2019 1.34
2018 1.15
2017 0.78

About Newtek Business Financial Statements

Newtek Business shareholders use historical fundamental indicators, such as Debt To Equity, to determine how well the company is positioned to perform in the future. Although Newtek Business investors may analyze each financial statement separately, they are all interrelated. The changes in Newtek Business' assets and liabilities, for example, are also reflected in the revenues and expenses on on Newtek Business' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Debt To Equity 2.62  2.26 

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Additional Tools for Newtek Stock Analysis

When running Newtek Business' price analysis, check to measure Newtek Business' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Newtek Business is operating at the current time. Most of Newtek Business' value examination focuses on studying past and present price action to predict the probability of Newtek Business' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Newtek Business' price. Additionally, you may evaluate how the addition of Newtek Business to your portfolios can decrease your overall portfolio volatility.