Timothy Ihlefeld - Newtek Business Ex Officer

NEWT Stock  USD 13.01  0.29  2.18%   

Insider

Timothy Ihlefeld is Ex Officer of Newtek Business Services
Address 4800 T-Rex Avenue, Boca Raton, FL, United States, 33431
Phone212 356 9500
Webhttps://www.newtekone.com

Newtek Business Management Efficiency

The company has return on total asset (ROA) of 0.0608 % which means that it generated a profit of $0.0608 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1705 %, meaning that it created $0.1705 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. At this time, Newtek Business' Return On Capital Employed is comparatively stable compared to the past year. Return On Equity is likely to gain to 0.20 in 2024, whereas Return On Tangible Assets are likely to drop 0.03 in 2024. At this time, Newtek Business' Liabilities And Stockholders Equity is comparatively stable compared to the past year. Non Current Liabilities Total is likely to gain to about 1.2 B in 2024, whereas Total Current Liabilities is likely to drop slightly above 54.5 M in 2024.
Newtek Business Services currently holds 644.12 M in liabilities with Debt to Equity (D/E) ratio of 1.32, which is about average as compared to similar companies. Newtek Business Services has a current ratio of 12.11, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Newtek Business' use of debt, we should always consider it together with its cash and equity.

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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. ,was founded in 1998 and converted to a BDC company in 2014 and is headquartered in Boca Raton, Florida with additional offices in Lake Success, New York, Garden City, New York Miami, Florida Milwaukee, Wisconsin New Orleans, Louisiana and New York, New York. Newtek Bus operates under Asset Management classification in the United States and is traded on NASDAQ Exchange. It employs 104 people. Newtek Business Services (NEWT) is traded on NASDAQ Exchange in USA. It is located in 4800 T-Rex Avenue, Boca Raton, FL, United States, 33431 and employs 570 people. Newtek Business is listed under Asset Management & Custody Banks category by Fama And French industry classification.

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 Legal Officer and Corporate Secretary
Peter Downs, Chief Lending Officer, Director and President of Newtek Small Bus. Fin.
Jayne CavuotoKrafchik, Director Relations
Brian Moon, Treasurer and Senior Vice President - Corporate Development
Halli RazonFeingold, Chief Resources
Nicolas Young, Chief Officer
Timothy Ihlefeld, Ex Officer
Andrew Kaplan, Chief Officer
Nicholas Leger, Principal Officer
Ron Lay, Chief Officer
Frank DeMaria, Executive Officer
Barry Sloane, Chairman, CEO and Pres
Michael Price, Chief Officer
Albert Spada, Exec Lending
Taylor Quinn, Senior 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.

Thematic Opportunities

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Additional Tools for Newtek Stock Analysis

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