Newtek Dividends Paid vs Other Non Cash Items Analysis

NEWTZ Stock  USD 24.66  0.02  0.08%   
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 Dividends Paid and its Other Non Cash Items 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 estimate.

Dividends Paid vs Other Non Cash Items

Dividends Paid vs Other Non Cash Items Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Newtek Business Services Dividends Paid account and Other Non Cash Items. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Newtek Business' Dividends Paid and Other Non Cash Items is -0.08. Overlapping area represents the amount of variation of Dividends Paid that can explain the historical movement of Other Non Cash Items 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' Dividends Paid and Other Non Cash Items is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Dividends Paid of Newtek Business Services are associated (or correlated) with its Other Non Cash Items. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Non Cash Items has no effect on the direction of Dividends Paid i.e., Newtek Business' Dividends Paid and Other Non Cash Items go up and down completely randomly.

Correlation Coefficient

-0.08
Relationship DirectionNegative 
Relationship StrengthInsignificant

Dividends Paid

The total amount of dividends that a company has paid out to its shareholders over a specific period.

Other Non Cash Items

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 estimate.
At this time, Newtek Business' Selling General Administrative is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to rise to 9.87 in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.08 in 2024.
 2021 2022 2023 2024 (projected)
Total Revenue147.8M105.2M253.1M265.8M
Depreciation And Amortization54.7M92.5M2.9M2.7M

Newtek Business fundamental ratios Correlations

0.990.630.160.990.70.32-0.240.280.720.950.920.60.980.750.350.380.690.04-0.210.380.740.84-0.020.970.93
0.990.670.21.00.640.34-0.30.370.660.960.870.660.950.670.370.450.740.01-0.180.40.710.850.060.960.93
0.630.67-0.180.67-0.060.7-0.740.52-0.030.810.330.980.45-0.020.010.40.790.13-0.390.560.750.310.430.630.51
0.160.2-0.180.180.35-0.290.320.170.34-0.010.19-0.070.240.230.40.18-0.08-0.40.44-0.24-0.260.56-0.110.020.45
0.991.00.670.180.640.38-0.290.320.650.960.890.650.950.680.360.40.750.02-0.190.410.730.840.080.970.91
0.70.64-0.060.350.64-0.380.30.071.00.480.81-0.070.820.940.440.340.110.00.0-0.020.30.76-0.580.670.73
0.320.340.7-0.290.38-0.38-0.46-0.14-0.370.480.220.640.17-0.15-0.16-0.340.680.04-0.360.410.530.070.750.330.12
-0.24-0.3-0.740.32-0.290.3-0.46-0.60.28-0.490.08-0.75-0.080.350.15-0.42-0.5-0.140.16-0.29-0.320.03-0.31-0.28-0.19
0.280.370.520.170.320.07-0.14-0.60.10.41-0.080.590.18-0.170.170.930.280.030.050.190.170.21-0.080.260.42
0.720.66-0.030.340.651.0-0.370.280.10.510.81-0.040.830.940.430.370.130.010.00.010.330.77-0.570.680.74
0.950.960.81-0.010.960.480.48-0.490.410.510.780.790.860.530.220.450.770.13-0.290.530.830.680.110.940.83
0.920.870.330.190.890.810.220.08-0.080.810.780.290.970.920.370.10.540.0-0.150.260.620.84-0.10.90.82
0.60.660.98-0.070.65-0.070.64-0.750.59-0.040.790.290.43-0.050.050.460.730.06-0.340.540.710.320.410.590.54
0.980.950.450.240.950.820.17-0.080.180.830.860.970.430.860.410.330.590.0-0.130.290.640.88-0.130.950.93
0.750.67-0.020.230.680.94-0.150.35-0.170.940.530.92-0.050.860.390.090.220.01-0.040.10.410.74-0.40.730.69
0.350.370.010.40.360.44-0.160.150.170.430.220.370.050.410.390.240.08-0.85-0.07-0.090.120.47-0.070.30.45
0.380.450.40.180.40.34-0.34-0.420.930.370.450.10.460.330.090.240.190.090.040.210.230.32-0.320.370.5
0.690.740.79-0.080.750.110.68-0.50.280.130.770.540.730.590.220.080.190.12-0.030.530.560.460.530.680.58
0.040.010.13-0.40.020.00.04-0.140.030.010.130.00.060.00.01-0.850.090.120.010.220.14-0.15-0.180.1-0.09
-0.21-0.18-0.390.44-0.190.0-0.360.160.050.0-0.29-0.15-0.34-0.13-0.04-0.070.04-0.030.010.04-0.56-0.030.08-0.26-0.02
0.380.40.56-0.240.41-0.020.41-0.290.190.010.530.260.540.290.1-0.090.210.530.220.040.7-0.050.340.360.19
0.740.710.75-0.260.730.30.53-0.320.170.330.830.620.710.640.410.120.230.560.14-0.560.70.340.10.740.52
0.840.850.310.560.840.760.070.030.210.770.680.840.320.880.740.470.320.46-0.15-0.03-0.050.34-0.10.80.92
-0.020.060.43-0.110.08-0.580.75-0.31-0.08-0.570.11-0.10.41-0.13-0.4-0.07-0.320.53-0.180.080.340.1-0.1-0.02-0.1
0.970.960.630.020.970.670.33-0.280.260.680.940.90.590.950.730.30.370.680.1-0.260.360.740.8-0.020.87
0.930.930.510.450.910.730.12-0.190.420.740.830.820.540.930.690.450.50.58-0.09-0.020.190.520.92-0.10.87
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Newtek Business Account Relationship Matchups

Newtek Business fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets797.4M841.0M1.1B998.9M1.4B1.5B
Short Long Term Debt Total441.8M460.5M481.1M547.3M644.1M676.3M
Total Stockholder Equity322.2M339.4M403.9M375.4M249.0M158.4M
Property Plant And Equipment Net8.0M6.9M7.3M6.5M5.7M6.0M
Net Debt440.1M458.4M478.7M493.6M644.1M676.3M
Cash1.8M2.1M2.4M53.7M120.9M127.0M
Non Current Assets Total710.1M678.1M766.1M6.5M212.8M234.9M
Non Currrent Assets Other43.0M(678.1M)(766.1M)(808.0M)63.5M66.7M
Cash And Short Term Investments1.8M2.1M2.4M72.9M153.1M160.7M
Common Stock Shares Outstanding19.3M21.1M22.8M24.2M24.3M25.6M
Liabilities And Stockholders Equity797.4M841.0M1.1B998.9M1.4B1.5B
Non Current Liabilities Total454.2M460.5M481.1M236.1M1.1B1.2B
Other Stockholder Equity258.1M316.6M367.7M354.2M200.9M138.7M
Total Liab475.2M501.6M652.7M623.5M1.2B1.2B
Total Current Assets87.4M60.9M51.3M72.9M1.2B1.3B
Other Current Liab131K(20.5M)(10.9M)19.3M38.5M40.4M
Total Current Liabilities21.0M27.6M10.9M387.5M76.6M54.5M
Retained Earnings31.9M21.9M35.7M20.6M28.1M15.2M
Short Term Debt31.6M1.6M1.9M55.9M38.1M40.5M
Common Stock411K439K483K492K442.8K432.4K
Accounts Payable20.8M20.5M10.9M20.2M15.5M13.6M
Net Receivables54.1M58.8M48.9M1.3M200K190K
Intangible Assets24.4M26.1M28.0M30.3M44.0M46.2M
Other Current Assets(87.4M)58.2M191.2M(1.3M)1.1B1.1B
Current Deferred Revenue(31.6M)26.1M9.1M(67.1M)(40.9M)(42.9M)

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