Newtek Long Term Debt vs Cash And Short Term Investments Analysis

NEWT Stock

USD 13.01 0.29 2.18%

Newtek Business financial indicator trend analysis is infinitely more than just investigating Newtek Business Services recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Newtek Business Services is a good investment. Please check the relationship between Newtek Business Long Term Debt and its Cash And Short Term Investments accounts. Check out Correlation Analysis 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 housing.

Long Term Debt vs Cash And Short Term Investments

Long Term Debt vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Newtek Business Services Long Term Debt account and Cash And Short Term Investments. At this time, the significance of the direction appears to have strong relationship.

The correlation between Newtek Business' Long Term Debt and Cash And Short Term Investments is 0.6. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Newtek Business Services, assuming nothing else is changed. The correlation between historical values of Newtek Business' Long Term Debt and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Newtek Business Services are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Long Term Debt i.e., Newtek Business' Long Term Debt and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.6

Relationship Direction	Positive
Relationship Strength	Significant

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Long Term Debt

Long-term debt is a debt that Newtek Business Services has held for over one year. Long-term debt appears on Newtek Business Services balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Newtek Business Services balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Newtek Business Services balance sheet. This account contains Newtek Business investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Newtek Business Services fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Most indicators from Newtek Business' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Newtek Business Services current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis 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 housing.

At this time, Newtek Business' Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 7.3 M in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.08 in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	118.0M	85.0M	208.8M	219.3M
Total Revenue	147.8M	105.2M	253.1M	265.8M

Gross Profit Total Revenue

Newtek Business fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Other Current Liab	Total Current Liabilities	Retained Earnings	Accounts Payable	Long Term Debt	Common Stock Total Equity	Other Current Assets	Short Term Debt	Common Stock	Property Plant Equipment
Total Assets		0.98	0.63	0.16	0.99	0.7	0.32	-0.32	0.27	0.72	0.95	0.92	0.6	0.98	0.67	0.75	0.21	0.38	0.69	0.34	0.97	-0.28	0.76	0.04	-0.21	0.46
Short Long Term Debt Total	0.98		0.68	0.18	1.0	0.63	0.36	-0.39	0.34	0.65	0.96	0.87	0.67	0.94	0.67	0.66	0.16	0.44	0.75	0.45	0.99	-0.25	0.66	0.01	-0.18	0.48
Total Stockholder Equity	0.63	0.68		-0.18	0.67	-0.06	0.7	-0.65	0.48	-0.03	0.81	0.33	0.99	0.45	0.69	-0.02	0.24	0.4	0.79	0.62	0.71	-0.46	0.01	0.13	-0.39	0.76
Property Plant And Equipment Net	0.16	0.18	-0.18		0.18	0.35	-0.29	-0.28	0.23	0.34	-0.01	0.19	-0.06	0.24	-0.44	0.23	-0.39	0.18	-0.08	-0.4	0.21	0.4	0.23	-0.4	0.44	-0.52
Net Debt	0.99	1.0	0.67	0.18		0.64	0.38	-0.37	0.3	0.65	0.96	0.89	0.66	0.95	0.68	0.68	0.17	0.4	0.75	0.43	0.99	-0.25	0.68	0.02	-0.19	0.49
Cash	0.7	0.63	-0.06	0.35	0.64		-0.38	0.12	0.11	1.0	0.48	0.81	-0.08	0.82	0.19	0.94	0.13	0.34	0.11	-0.12	0.58	-0.04	0.93	0.0	0.0	-0.1
Non Current Assets Total	0.32	0.36	0.7	-0.29	0.38	-0.38		-0.27	-0.2	-0.37	0.48	0.22	0.67	0.17	0.53	-0.15	0.14	-0.34	0.68	0.45	0.4	-0.36	-0.12	0.04	-0.36	0.62
Non Currrent Assets Other	-0.32	-0.39	-0.65	-0.28	-0.37	0.12	-0.27		-0.75	0.1	-0.45	0.0	-0.73	-0.2	-0.16	0.24	0.1	-0.55	-0.4	-0.2	-0.49	0.02	0.17	0.16	-0.05	-0.23
Other Assets	0.27	0.34	0.48	0.23	0.3	0.11	-0.2	-0.75		0.14	0.38	-0.07	0.54	0.18	0.1	-0.15	-0.02	0.94	0.21	0.23	0.37	-0.02	-0.14	0.02	0.06	0.11
Cash And Short Term Investments	0.72	0.65	-0.03	0.34	0.65	1.0	-0.37	0.1	0.14		0.51	0.81	-0.05	0.83	0.22	0.94	0.13	0.37	0.13	-0.09	0.6	-0.04	0.92	0.01	0.0	-0.07
Common Stock Shares Outstanding	0.95	0.96	0.81	-0.01	0.96	0.48	0.48	-0.45	0.38	0.51		0.78	0.79	0.86	0.76	0.53	0.3	0.45	0.77	0.53	0.96	-0.36	0.54	0.13	-0.29	0.62
Non Current Liabilities Total	0.92	0.87	0.33	0.19	0.89	0.81	0.22	0.0	-0.07	0.81	0.78		0.29	0.97	0.55	0.92	0.17	0.1	0.54	0.18	0.84	-0.19	0.92	0.0	-0.15	0.3
Other Stockholder Equity	0.6	0.67	0.99	-0.06	0.66	-0.08	0.67	-0.73	0.54	-0.05	0.79	0.29		0.43	0.62	-0.06	0.17	0.45	0.75	0.58	0.71	-0.41	-0.03	0.05	-0.34	0.69
Total Liab	0.98	0.94	0.45	0.24	0.95	0.82	0.17	-0.2	0.18	0.83	0.86	0.97	0.43		0.57	0.86	0.17	0.33	0.59	0.23	0.92	-0.19	0.87	0.0	-0.13	0.33
Property Plant And Equipment Gross	0.67	0.67	0.69	-0.44	0.68	0.19	0.53	-0.16	0.1	0.22	0.76	0.55	0.62	0.57		0.34	0.3	0.2	0.68	0.7	0.65	-0.28	0.33	0.29	-0.26	0.93
Total Current Assets	0.75	0.66	-0.02	0.23	0.68	0.94	-0.15	0.24	-0.15	0.94	0.53	0.92	-0.06	0.86	0.34		0.15	0.09	0.22	-0.03	0.61	-0.07	0.99	0.01	-0.04	0.05
Other Current Liab	0.21	0.16	0.24	-0.39	0.17	0.13	0.14	0.1	-0.02	0.13	0.3	0.17	0.17	0.17	0.3	0.15		0.07	0.05	0.09	0.15	-0.31	0.15	0.67	-0.31	0.26
Total Current Liabilities	0.38	0.44	0.4	0.18	0.4	0.34	-0.34	-0.55	0.94	0.37	0.45	0.1	0.45	0.33	0.2	0.09	0.07		0.19	0.32	0.43	-0.04	0.06	0.09	0.04	0.15
Retained Earnings	0.69	0.75	0.79	-0.08	0.75	0.11	0.68	-0.4	0.21	0.13	0.77	0.54	0.75	0.59	0.68	0.22	0.05	0.19		0.65	0.75	-0.09	0.23	0.12	-0.03	0.7
Accounts Payable	0.34	0.45	0.62	-0.4	0.43	-0.12	0.45	-0.2	0.23	-0.09	0.53	0.18	0.58	0.23	0.7	-0.03	0.09	0.32	0.65		0.42	-0.02	-0.09	0.26	-0.01	0.74
Long Term Debt	0.97	0.99	0.71	0.21	0.99	0.58	0.4	-0.49	0.37	0.6	0.96	0.84	0.71	0.92	0.65	0.61	0.15	0.43	0.75	0.42		-0.23	0.62	-0.01	-0.16	0.49
Common Stock Total Equity	-0.28	-0.25	-0.46	0.4	-0.25	-0.04	-0.36	0.02	-0.02	-0.04	-0.36	-0.19	-0.41	-0.19	-0.28	-0.07	-0.31	-0.04	-0.09	-0.02	-0.23		-0.08	0.01	0.99	-0.28
Other Current Assets	0.76	0.66	0.01	0.23	0.68	0.93	-0.12	0.17	-0.14	0.92	0.54	0.92	-0.03	0.87	0.33	0.99	0.15	0.06	0.23	-0.09	0.62	-0.08		-0.01	-0.04	0.05
Short Term Debt	0.04	0.01	0.13	-0.4	0.02	0.0	0.04	0.16	0.02	0.01	0.13	0.0	0.05	0.0	0.29	0.01	0.67	0.09	0.12	0.26	-0.01	0.01	-0.01		0.01	0.28
Common Stock	-0.21	-0.18	-0.39	0.44	-0.19	0.0	-0.36	-0.05	0.06	0.0	-0.29	-0.15	-0.34	-0.13	-0.26	-0.04	-0.31	0.04	-0.03	-0.01	-0.16	0.99	-0.04	0.01		-0.25
Property Plant Equipment	0.46	0.48	0.76	-0.52	0.49	-0.1	0.62	-0.23	0.11	-0.07	0.62	0.3	0.69	0.33	0.93	0.05	0.26	0.15	0.7	0.74	0.49	-0.28	0.05	0.28	-0.25

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Newtek Business Account Relationship Matchups

Newtek Business fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	797.4M	841.0M	1.1B	998.9M	1.4B	1.5B
Short Long Term Debt Total	463.6M	460.5M	481.1M	547.3M	644.1M	676.3M
Total Stockholder Equity	322.2M	339.4M	403.9M	375.4M	249.0M	158.4M
Property Plant And Equipment Net	8.0M	6.9M	7.3M	6.5M	5.7M	6.0M
Net Debt	440.1M	458.4M	478.7M	493.6M	644.1M	676.3M
Cash	1.8M	2.1M	2.4M	53.7M	120.9M	127.0M
Non Current Assets Total	710.1M	678.1M	766.1M	6.5M	212.8M	234.9M
Non Currrent Assets Other	43.0M	(678.1M)	(766.1M)	(808.0M)	63.5M	66.7M
Other Assets	16.1M	101.9M	239.1M	919.6M	7.4M	7.0M
Cash And Short Term Investments	1.8M	2.1M	2.4M	72.9M	153.1M	160.7M
Common Stock Shares Outstanding	19.3M	21.1M	22.8M	24.2M	24.3M	25.6M
Liabilities And Stockholders Equity	797.4M	841.0M	1.1B	998.9M	1.4B	1.5B
Non Current Liabilities Total	454.2M	460.5M	481.1M	236.1M	1.1B	1.2B
Other Stockholder Equity	290.0M	316.6M	367.7M	354.2M	200.9M	140.3M
Total Liab	475.2M	501.6M	652.7M	623.5M	1.2B	1.2B
Total Current Assets	87.4M	60.9M	51.3M	72.9M	1.2B	1.3B
Other Current Liab	131K	(20.5M)	(10.9M)	19.3M	38.5M	40.4M
Total Current Liabilities	21.0M	27.6M	10.9M	387.5M	76.6M	54.5M
Retained Earnings	31.9M	21.9M	35.7M	20.6M	28.1M	15.2M
Accounts Payable	20.8M	20.5M	10.9M	20.2M	15.5M	12.3M
Long Term Debt	218.2M	334.0M	435.0M	582.9M	670.3M	703.8M
Common Stock Total Equity	369K	379K	411K	439K	395.1K	438.3K
Other Current Assets	(87.4M)	58.2M	191.2M	(1.3M)	1.1B	1.1B
Short Term Debt	31.6M	1.6M	1.9M	55.9M	38.1M	40.5M
Common Stock	411K	439K	483K	492K	442.8K	432.4K
Other Liab	24.2M	29.8M	159.0M	54.9M	49.4M	39.7M
Intangible Assets	24.4M	26.1M	28.0M	30.3M	44.0M	46.2M
Net Receivables	54.1M	58.8M	48.9M	1.3M	200K	190K
Current Deferred Revenue	(31.6M)	26.1M	9.1M	(67.1M)	(40.9M)	(42.9M)
Net Tangible Assets	297.8M	313.3M	375.9M	345.1M	396.9M	293.1M
Long Term Investments	659.0M	671.2M	758.8M	808.0M	929.2M	579.0M
Short Long Term Debt	216.3M	34.7M	30M	61.3M	55.1M	57.3M

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