Newtek Other Current Assets from 2010 to 2024

NEWTZ Stock  USD 24.68  0.07  0.28%   
Newtek Business Other Current Assets yearly trend continues to be fairly stable with very little volatility. Other Current Assets are likely to outpace its year average in 2024. Other Current Assets is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. View All Fundamentals
 
Other Current Assets  
First Reported
2007-12-31
Previous Quarter
1.2 B
Current Value
1.2 B
Quarterly Volatility
232.2 M
 
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, Total Revenue of 265.8 M or Gross Profit of 219.3 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' Other Current Assets Growth Pattern

Below is the plot of the Other Current Assets of Newtek Business Services over the last few years. It is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. Newtek Business' Other 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.
Other Current Assets10 Years Trend
Slightly volatile
   Other Current Assets   
       Timeline  

Newtek Other Current Assets Regression Statistics

Arithmetic Mean167,352,543
Geometric Mean36,174,188
Coefficient Of Variation226.34
Mean Deviation249,222,869
Median20,845,000
Standard Deviation378,788,747
Sample Variance143480.9T
Range1.2B
R-Value0.61
Mean Square Error96573.1T
R-Squared0.38
Significance0.02
Slope51,868,029
Total Sum of Squares2008732.8T

Newtek Other Current Assets History

20241.1 B
20231.1 B
2022-1.3 M
2021191.2 M
202058.2 M
2019-87.4 M
201829 M

About Newtek Business Financial Statements

Newtek Business investors use historical fundamental indicators, such as Newtek Business' Other Current Assets, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Newtek Business. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Other Current Assets1.1 B1.1 B

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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.