| NEWTG Stock | | | 25.17 0.07 0.28% |
Altman Z Score is one of the simplest fundamental models to determine how likely your company is to fail. The module uses available fundamental data of a given equity to approximate the Altman Z score. Altman Z Score is determined by evaluating five fundamental price points available from the company's current public disclosure documents. Check out
NewtekOne, 850 Piotroski F Score and
NewtekOne, 850 Valuation analysis.
NewtekOne, 850 percent Company Z Score Analysis
NewtekOne, 850's Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..
| First Factor | = | 1.2 * ( | Working Capital | / | Total Assets ) |
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| Second Factor | = | 1.4 * ( | Retained Earnings | / | Total Assets ) |
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| Thrid Factor | = | 3.3 * ( | EBITAD | / | Total Assets ) |
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| Fouth Factor | = | 0.6 * ( | Market Value of Equity | / | Total Liabilities ) |
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| Fifth Factor | = | 0.99 * ( | Revenue | / | Total Assets ) |
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To calculate a Z-Score, one would need to know a company's current working capital, its total assets and liabilities, and the amount of its latest earnings as well as earnings before interest and tax. Z-Scores can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area,' with scores of less than 1 indicating the highest probability of distress. Z Score is a used widely measure by financial auditors, accountants, money managers, loan processors, wealth advisers, and day traders. In the last 25 years, many financial models that utilize z-scores proved it to be successful as a predictor of corporate bankruptcy.
Based on the company's disclosures, NewtekOne, 850 percent has a Z Score of 0.0. This indicator is about the same for the Financial Services average (which is currently at 0.0) sector and about the same as
Financials (which currently averages 0.0) industry. This indicator is about the same for all United States stocks average (which is currently at 0.0).
| | Odds Of BankruptcyGet analysis of equity chance of financial distress in the next 2 years |
NewtekOne, Fundamentals
About NewtekOne, 850 Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze NewtekOne, 850 percent's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of NewtekOne, 850 using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at
the intrinsic value of NewtekOne, 850 percent based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing
financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
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When determining whether NewtekOne, 850 percent is a strong investment it is important to analyze NewtekOne, 850's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact NewtekOne, 850's future performance. For an informed investment choice regarding NewtekOne, Stock, refer to the following important reports: Is Diversified Financial Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost
the valuation of NewtekOne, 850. If investors know NewtekOne, will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about NewtekOne, 850 listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of NewtekOne, 850 percent is measured differently than its book value, which is the value of NewtekOne, that is recorded on the company's balance sheet. Investors also form their own opinion of NewtekOne, 850's value that differs from its market value or its book value, called intrinsic value, which is NewtekOne, 850's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because NewtekOne, 850's market value can be influenced by many factors that don't directly affect NewtekOne, 850's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between NewtekOne, 850's value and its price as these two are different measures arrived at by different means. Investors typically determine
if NewtekOne, 850 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NewtekOne, 850's 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.