| 1N31 Stock | | | EUR 12.09 0.01 0.08% |
President
Mr. Brian Moon is Treasurer and Senior Vice President Corporationrationrate Development of the Company. Brian comes to Newtek with 20 years of experience in Investment Banking, working at institutions such as Morgan Stanley, Deutsche Bank and Wells Fargo Securities. Brian has extensive experience in the Financial Institutions and Business Services industries including BDCs, specialty finance, insurance, insurance brokerage, merchant processing, transportation infrastructure, retail and staffingconsulting sectors. since 2019.
| Tenure | 6 years |
| Phone | 212 356 9500 |
| Web | https://www.newtekone.com |
Newtek Business Management Efficiency
The company has return on total asset
(ROA) of
0.0148 % which means that it generated a profit of $0.0148 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity
(ROE) of
0.144 %, meaning that it generated $0.144 on every $100 dollars invested by stockholders. Newtek Business' management efficiency ratios could be used to measure how well Newtek Business manages its routine affairs as well as how well it operates its assets and liabilities.
Newtek Business Services has accumulated 363.48
M in total debt with debt to equity ratio
(D/E) of 124.4, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Newtek Business Services has a current ratio of 1.58, which is within standard range for the sector. Debt can assist Newtek Business until it has trouble settling it off, either with new capital or with free cash flow. So, Newtek Business' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Newtek Business Services sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Newtek to invest in growth at high rates of return. When we think about Newtek Business' use of debt, we should always consider it together with cash and equity.
Newtek Business Services Corp. is a business development company specializing in providing financial and business services to the small-and medium-sized business market in the United States. Newtek Business Services Corp., formerly known as Newtek Business Services Inc., was incorporated on August 26, 2013 and is headquartered in Lake Success, New York with additional offices in Garden City, New York Miami, Florida Milwaukee, Wisconsin New Orleans, Louisiana and New York, New York. NEWTEK BUSINE operates under Asset Management classification in Germany and is traded on Frankfurt Stock Exchange. It employs 175 people. Newtek Business Services (1N31) is traded on Frankfurt Exchange in Germany and employs 104 people.
Management Performance
Newtek Business Services Leadership Team
Elected by the shareholders, the Newtek Business' board of directors comprises two types of representatives: Newtek Business inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Newtek. The board's role is to monitor Newtek Business' management team and ensure that shareholders' interests are well served. Newtek Business' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Newtek Business' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Michael Schwartz, Chief Compliance Officer, Chief Legal Officer and Secretary | |
| Nicholas Leger, Principal Officer | |
| Peter Downs, Chief Lending Officer | |
| Jayne CavuotoKrafchik, Director Relations | |
| Brian Moon, Treasurer and Senior Vice President - Corporate Development | |
| Barry Sloane, President CEO, Director | |
| Halli RazonFeingold, Chief HR | |
| Nicolas Young, Chief Officer | |
| Albert Spada, Exec Lending | |
| Timothy Ihlefeld, Ex Officer | |
Newtek Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Newtek Business a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in Newtek Stock
When determining whether Newtek Business Services offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Newtek Business'
financial statements, including income statements, balance sheets, and cash flow statements, to assess its
financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Newtek Business Services Stock.
Outlined below are crucial reports that will aid in making a well-informed decision on Newtek Business Services Stock: Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Newtek Business Services. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
You can also try the
Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Please note, there is a significant difference between Newtek Business' value and its price as these two are different measures arrived at by different means. Investors typically determine if Newtek Business is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Newtek Business' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.