Newtek Return On Equity from 2010 to 2024

NEWTZ Stock  USD 24.68  0.07  0.28%   
Newtek Business Return On Equity yearly trend continues to be fairly stable with very little volatility. Return On Equity is likely to outpace its year average in 2024. Return On Equity is a measure of the profitability of Newtek Business Services in relation to the equity, calculated by dividing net income by shareholder's equity. View All Fundamentals
 
Return On Equity  
First Reported
2010-12-31
Previous Quarter
0.1900412
Current Value
0.2
Quarterly Volatility
0.14608534
 
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' Return On Equity Growth Pattern

Below is the plot of the Return On Equity of Newtek Business Services over the last few years. Return on Equity is the amount of Newtek Business Services net income returned as a percentage of Newtek Business equity. Return on equity measures Newtek Business profitability by revealing how much profit Newtek Business Services generates with the money shareholders have invested. It is a measure of the profitability of a business in relation to the equity, calculated by dividing net income by shareholder's equity. Newtek Business' Return On 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 0.010 Years Trend
Pretty Stable
   Return On Equity   
       Timeline  

Newtek Return On Equity Regression Statistics

Arithmetic Mean0.16
Geometric Mean0.12
Coefficient Of Variation91.22
Mean Deviation0.08
Median0.13
Standard Deviation0.15
Sample Variance0.02
Range0.6291
R-Value(0.20)
Mean Square Error0.02
R-Squared0.04
Significance0.48
Slope(0.01)
Total Sum of Squares0.30

Newtek Return On Equity History

2024 0.2
2023 0.19
2022 0.0861
2021 0.21
2020 0.0991
2018 0.12
2017 0.14

About Newtek Business Financial Statements

Newtek Business investors use historical fundamental indicators, such as Newtek Business' Return On Equity, 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
Return On Equity 0.19  0.20 

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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.