Newtek Total Current Assets from 2010 to 2024

NEWT Stock  USD 13.30  0.10  0.76%   
Newtek Business Total Current Assets yearly trend continues to be comparatively stable with very little volatility. Total Current Assets are likely to outpace its year average in 2024. Total Current Assets is the total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle. View All Fundamentals
 
Total Current Assets  
First Reported
2000-06-30
Previous Quarter
1.5 B
Current Value
33.5 M
Quarterly Volatility
193 M
 
Dot-com Bubble
 
Housing Crash
 
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' Total Current Assets Growth Pattern

Below is the plot of the Total Current Assets of Newtek Business Services over the last few years. It is the total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle. Newtek Business' Total Current Assets 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.
Total Current Assets10 Years Trend
Slightly volatile
   Total Current Assets   
       Timeline  

Newtek Total Current Assets Regression Statistics

Arithmetic Mean213,130,568
Geometric Mean77,699,381
Coefficient Of Variation197.22
Mean Deviation275,732,582
Median59,327,000
Standard Deviation420,327,003
Sample Variance176674.8T
Range1.3B
R-Value0.61
Mean Square Error120155.3T
R-Squared0.37
Significance0.02
Slope57,053,473
Total Sum of Squares2473447.1T

Newtek Total Current Assets History

20241.3 B
20231.2 B
202272.9 M
202151.3 M
202060.9 M
201987.4 M
201877.2 M

About Newtek Business Financial Statements

Newtek Business shareholders use historical fundamental indicators, such as Total Current Assets, 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
Total Current Assets1.2 B1.3 B

Thematic Opportunities

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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.