Newtek Retained Earnings vs Accounts Payable Analysis

NEWT Stock

USD 12.60 0.21 1.69%

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 Retained Earnings and its Accounts Payable 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.

Retained Earnings vs Accounts Payable

Retained Earnings vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Newtek Business Services Retained Earnings account and Accounts Payable. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Newtek Business' Retained Earnings and Accounts Payable is 0.58. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Accounts Payable 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' Retained Earnings and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Newtek Business Services are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Retained Earnings i.e., Newtek Business' Retained Earnings and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.58

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Accounts Payable

An accounting item on the balance sheet that represents Newtek Business obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Newtek Business Services are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

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 8.4 M in 2025, whereas Sales General And Administrative To Revenue is likely to drop 0.1 in 2025.

	2022	2023	2024	2025 (projected)
Gross Profit	85.0M	208.8M	240.2M	252.2M
Total Revenue	105.2M	253.1M	291.1M	305.7M

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		0.99	0.57	0.22	0.99	0.78	0.21	-0.18	0.16	0.79	0.96	0.95	0.53	0.98	0.63	0.84	0.25	0.36	0.83	0.33	0.95	-0.24	0.84	0.02	-0.16	0.42
Short Long Term Debt Total	0.99		0.63	0.23	1.0	0.73	0.26	-0.25	0.24	0.74	0.97	0.9	0.6	0.96	0.64	0.77	0.2	0.43	0.87	0.42	0.98	-0.23	0.76	0.0	-0.15	0.45
Total Stockholder Equity	0.57	0.63		-0.16	0.62	0.02	0.68	-0.61	0.45	0.05	0.75	0.32	0.99	0.42	0.7	0.06	0.25	0.41	0.7	0.63	0.73	-0.46	0.08	0.13	-0.38	0.76
Property Plant And Equipment Net	0.22	0.23	-0.16		0.23	0.38	-0.3	-0.25	0.21	0.37	0.07	0.24	-0.05	0.28	-0.42	0.27	-0.37	0.19	0.03	-0.37	0.24	0.39	0.27	-0.4	0.44	-0.5
Net Debt	0.99	1.0	0.62	0.23		0.73	0.27	-0.23	0.2	0.75	0.97	0.92	0.58	0.96	0.65	0.78	0.21	0.39	0.86	0.41	0.97	-0.23	0.78	0.01	-0.15	0.45
Cash	0.78	0.73	0.02	0.38	0.73		-0.38	0.17	0.06	1.0	0.61	0.85	-0.02	0.87	0.2	0.94	0.18	0.37	0.41	-0.03	0.61	-0.04	0.93	-0.01	0.04	-0.05
Non Current Assets Total	0.21	0.26	0.68	-0.3	0.27	-0.38		-0.27	-0.19	-0.38	0.37	0.12	0.65	0.08	0.52	-0.17	0.13	-0.34	0.55	0.44	0.36	-0.36	-0.14	0.04	-0.37	0.61
Non Currrent Assets Other	-0.18	-0.25	-0.61	-0.25	-0.23	0.17	-0.27		-0.75	0.15	-0.32	0.09	-0.7	-0.07	-0.14	0.28	0.12	-0.52	-0.25	-0.18	-0.43	0.02	0.22	0.15	-0.04	-0.21
Other Assets	0.16	0.24	0.45	0.21	0.2	0.06	-0.19	-0.75		0.09	0.28	-0.12	0.53	0.09	0.09	-0.18	-0.03	0.91	0.13	0.21	0.33	-0.02	-0.17	0.02	0.05	0.1
Cash And Short Term Investments	0.79	0.74	0.05	0.37	0.75	1.0	-0.38	0.15	0.09		0.63	0.86	0.01	0.88	0.22	0.94	0.18	0.39	0.42	0.0	0.62	-0.04	0.93	0.0	0.04	-0.02
Common Stock Shares Outstanding	0.96	0.97	0.75	0.07	0.97	0.61	0.37	-0.32	0.28	0.63		0.83	0.71	0.9	0.74	0.67	0.33	0.44	0.87	0.5	0.97	-0.33	0.67	0.11	-0.25	0.57
Non Current Liabilities Total	0.95	0.9	0.32	0.24	0.92	0.85	0.12	0.09	-0.12	0.86	0.83		0.26	0.98	0.51	0.95	0.22	0.14	0.73	0.2	0.82	-0.17	0.95	-0.01	-0.1	0.27
Other Stockholder Equity	0.53	0.6	0.99	-0.05	0.58	-0.02	0.65	-0.7	0.53	0.01	0.71	0.26		0.38	0.63	0.0	0.17	0.45	0.65	0.59	0.71	-0.41	0.02	0.05	-0.34	0.69
Total Liab	0.98	0.96	0.42	0.28	0.96	0.87	0.08	-0.07	0.09	0.88	0.9	0.98	0.38		0.54	0.92	0.22	0.32	0.76	0.24	0.89	-0.17	0.92	-0.01	-0.09	0.3
Property Plant And Equipment Gross	0.63	0.64	0.7	-0.42	0.65	0.2	0.52	-0.14	0.09	0.22	0.74	0.51	0.63	0.54		0.34	0.31	0.22	0.72	0.71	0.65	-0.28	0.34	0.29	-0.25	0.93
Total Current Assets	0.84	0.77	0.06	0.27	0.78	0.94	-0.17	0.28	-0.18	0.94	0.67	0.95	0.0	0.92	0.34		0.2	0.13	0.52	0.04	0.64	-0.07	0.99	0.0	-0.02	0.08
Other Current Liab	0.25	0.2	0.25	-0.37	0.21	0.18	0.13	0.12	-0.03	0.18	0.33	0.22	0.17	0.22	0.31	0.2		0.08	0.12	0.1	0.18	-0.31	0.2	0.66	-0.3	0.26
Total Current Liabilities	0.36	0.43	0.41	0.19	0.39	0.37	-0.34	-0.52	0.91	0.39	0.44	0.14	0.45	0.32	0.22	0.13	0.08		0.21	0.33	0.44	-0.05	0.11	0.09	0.04	0.16
Retained Earnings	0.83	0.87	0.7	0.03	0.86	0.41	0.55	-0.25	0.13	0.42	0.87	0.73	0.65	0.76	0.72	0.52	0.12	0.21		0.58	0.87	-0.1	0.52	0.11	-0.03	0.61
Accounts Payable	0.33	0.42	0.63	-0.37	0.41	-0.03	0.44	-0.18	0.21	0.0	0.5	0.2	0.59	0.24	0.71	0.04	0.1	0.33	0.58		0.45	-0.03	0.0	0.26	-0.01	0.76
Long Term Debt	0.95	0.98	0.73	0.24	0.97	0.61	0.36	-0.43	0.33	0.62	0.97	0.82	0.71	0.89	0.65	0.64	0.18	0.44	0.87	0.45		-0.23	0.65	-0.02	-0.14	0.49
Common Stock Total Equity	-0.24	-0.23	-0.46	0.39	-0.23	-0.04	-0.36	0.02	-0.02	-0.04	-0.33	-0.17	-0.41	-0.17	-0.28	-0.07	-0.31	-0.05	-0.1	-0.03	-0.23		-0.08	0.01	0.99	-0.28
Other Current Assets	0.84	0.76	0.08	0.27	0.78	0.93	-0.14	0.22	-0.17	0.93	0.67	0.95	0.02	0.92	0.34	0.99	0.2	0.11	0.52	0.0	0.65	-0.08		-0.02	-0.02	0.08
Short Term Debt	0.02	0.0	0.13	-0.4	0.01	-0.01	0.04	0.15	0.02	0.0	0.11	-0.01	0.05	-0.01	0.29	0.0	0.66	0.09	0.11	0.26	-0.02	0.01	-0.02		0.01	0.28
Common Stock	-0.16	-0.15	-0.38	0.44	-0.15	0.04	-0.37	-0.04	0.05	0.04	-0.25	-0.1	-0.34	-0.09	-0.25	-0.02	-0.3	0.04	-0.03	-0.01	-0.14	0.99	-0.02	0.01		-0.24
Property Plant Equipment	0.42	0.45	0.76	-0.5	0.45	-0.05	0.61	-0.21	0.1	-0.02	0.57	0.27	0.69	0.3	0.93	0.08	0.26	0.16	0.61	0.76	0.49	-0.28	0.08	0.28	-0.24

Click cells to compare fundamentals

Newtek Business Account Relationship Matchups

Newtek Business fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	841.0M	1.1B	998.9M	1.4B	1.7B	1.7B
Short Long Term Debt Total	460.5M	481.1M	547.3M	644.1M	740.7M	777.8M
Total Stockholder Equity	339.4M	403.9M	375.4M	249.0M	286.4M	158.4M
Property Plant And Equipment Net	6.9M	7.3M	6.5M	5.7M	5.1M	5.4M
Net Debt	458.4M	478.7M	493.6M	644.1M	740.7M	777.8M
Cash	2.1M	2.4M	53.7M	120.9M	108.8M	114.3M
Non Current Assets Total	678.1M	766.1M	6.5M	212.8M	244.7M	234.9M
Non Currrent Assets Other	(678.1M)	(766.1M)	(808.0M)	63.5M	57.1M	60.0M
Other Assets	101.9M	239.1M	919.6M	7.4M	8.5M	8.1M
Cash And Short Term Investments	2.1M	2.4M	72.9M	153.1M	137.8M	144.7M
Common Stock Shares Outstanding	21.1M	22.8M	24.2M	24.3M	28.0M	29.4M
Liabilities And Stockholders Equity	841.0M	1.1B	998.9M	1.4B	1.7B	1.7B
Non Current Liabilities Total	460.5M	481.1M	236.1M	1.1B	1.3B	1.3B
Other Stockholder Equity	316.6M	367.7M	354.2M	200.9M	231.0M	140.3M
Total Liab	501.6M	652.7M	623.5M	1.2B	1.4B	1.4B
Total Current Assets	60.9M	51.3M	72.9M	1.2B	1.4B	1.5B
Other Current Liab	(20.5M)	(10.9M)	19.3M	38.5M	44.3M	46.5M
Total Current Liabilities	27.6M	10.9M	387.5M	76.6M	88.1M	54.5M
Retained Earnings	21.9M	35.7M	20.6M	28.1M	32.3M	33.9M
Accounts Payable	20.5M	10.9M	20.2M	15.5M	17.8M	12.3M
Other Current Assets	58.2M	191.2M	(1.3M)	1.1B	1.2B	1.3B
Short Term Debt	1.6M	1.9M	55.9M	38.1M	34.3M	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	26.1M	28.0M	30.3M	44.0M	50.6M	53.1M
Net Receivables	58.8M	48.9M	1.3M	200K	230K	218.5K
Current Deferred Revenue	26.1M	9.1M	(67.1M)	(40.9M)	(36.8M)	(38.6M)
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

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC