Newtek Net Debt vs Long Term Investments 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 Net Debt and its Long 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 estimate.

Net Debt vs Long Term Investments

Net Debt vs Long Term Investments Correlation Analysis

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

The correlation between Newtek Business' Net Debt and Long Term Investments is 0.81. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Long 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' Net Debt and Long 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 Net Debt of Newtek Business Services are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Net Debt i.e., Newtek Business' Net Debt and Long Term Investments go up and down completely randomly.

Correlation Coefficient

0.81

Relationship Direction	Positive
Relationship Strength	Strong

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Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Long Term Investments

Long Term Investments is an item on the asset side of Newtek Business balance sheet that represents investments Newtek Business Services intends to hold for over a year. Newtek Business Services long term investments may include different instruments such as stocks, bonds, real estate and 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 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 Revenue	147.8M	105.2M	253.1M	265.8M
Depreciation And Amortization	54.7M	92.5M	2.9M	2.7M

Total Revenue Depreciation And Amortization

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	Total Current Assets	Other Current Liab	Total Current Liabilities	Retained Earnings	Short Term Debt	Common Stock	Accounts Payable	Good Will	Short Term Investments	Net Receivables	Intangible Assets	Inventory
Total Assets		0.99	0.63	0.16	0.99	0.7	0.32	-0.24	0.28	0.72	0.95	0.92	0.6	0.98	0.75	0.35	0.38	0.69	0.04	-0.21	0.38	0.74	0.84	-0.02	0.97	0.93
Short Long Term Debt Total	0.99		0.67	0.2	1.0	0.64	0.34	-0.3	0.37	0.66	0.96	0.87	0.66	0.95	0.67	0.37	0.45	0.74	0.01	-0.18	0.4	0.71	0.85	0.06	0.96	0.93
Total Stockholder Equity	0.63	0.67		-0.18	0.67	-0.06	0.7	-0.74	0.52	-0.03	0.81	0.33	0.98	0.45	-0.02	0.01	0.4	0.79	0.13	-0.39	0.56	0.75	0.31	0.43	0.63	0.51
Property Plant And Equipment Net	0.16	0.2	-0.18		0.18	0.35	-0.29	0.32	0.17	0.34	-0.01	0.19	-0.07	0.24	0.23	0.4	0.18	-0.08	-0.4	0.44	-0.24	-0.26	0.56	-0.11	0.02	0.45
Net Debt	0.99	1.0	0.67	0.18		0.64	0.38	-0.29	0.32	0.65	0.96	0.89	0.65	0.95	0.68	0.36	0.4	0.75	0.02	-0.19	0.41	0.73	0.84	0.08	0.97	0.91
Cash	0.7	0.64	-0.06	0.35	0.64		-0.38	0.3	0.07	1.0	0.48	0.81	-0.07	0.82	0.94	0.44	0.34	0.11	0.0	0.0	-0.02	0.3	0.76	-0.58	0.67	0.73
Non Current Assets Total	0.32	0.34	0.7	-0.29	0.38	-0.38		-0.46	-0.14	-0.37	0.48	0.22	0.64	0.17	-0.15	-0.16	-0.34	0.68	0.04	-0.36	0.41	0.53	0.07	0.75	0.33	0.12
Non Currrent Assets Other	-0.24	-0.3	-0.74	0.32	-0.29	0.3	-0.46		-0.6	0.28	-0.49	0.08	-0.75	-0.08	0.35	0.15	-0.42	-0.5	-0.14	0.16	-0.29	-0.32	0.03	-0.31	-0.28	-0.19
Other Assets	0.28	0.37	0.52	0.17	0.32	0.07	-0.14	-0.6		0.1	0.41	-0.08	0.59	0.18	-0.17	0.17	0.93	0.28	0.03	0.05	0.19	0.17	0.21	-0.08	0.26	0.42
Cash And Short Term Investments	0.72	0.66	-0.03	0.34	0.65	1.0	-0.37	0.28	0.1		0.51	0.81	-0.04	0.83	0.94	0.43	0.37	0.13	0.01	0.0	0.01	0.33	0.77	-0.57	0.68	0.74
Common Stock Shares Outstanding	0.95	0.96	0.81	-0.01	0.96	0.48	0.48	-0.49	0.41	0.51		0.78	0.79	0.86	0.53	0.22	0.45	0.77	0.13	-0.29	0.53	0.83	0.68	0.11	0.94	0.83
Non Current Liabilities Total	0.92	0.87	0.33	0.19	0.89	0.81	0.22	0.08	-0.08	0.81	0.78		0.29	0.97	0.92	0.37	0.1	0.54	0.0	-0.15	0.26	0.62	0.84	-0.1	0.9	0.82
Other Stockholder Equity	0.6	0.66	0.98	-0.07	0.65	-0.07	0.64	-0.75	0.59	-0.04	0.79	0.29		0.43	-0.05	0.05	0.46	0.73	0.06	-0.34	0.54	0.71	0.32	0.41	0.59	0.54
Total Liab	0.98	0.95	0.45	0.24	0.95	0.82	0.17	-0.08	0.18	0.83	0.86	0.97	0.43		0.86	0.41	0.33	0.59	0.0	-0.13	0.29	0.64	0.88	-0.13	0.95	0.93
Total Current Assets	0.75	0.67	-0.02	0.23	0.68	0.94	-0.15	0.35	-0.17	0.94	0.53	0.92	-0.05	0.86		0.39	0.09	0.22	0.01	-0.04	0.1	0.41	0.74	-0.4	0.73	0.69
Other Current Liab	0.35	0.37	0.01	0.4	0.36	0.44	-0.16	0.15	0.17	0.43	0.22	0.37	0.05	0.41	0.39		0.24	0.08	-0.85	-0.07	-0.09	0.12	0.47	-0.07	0.3	0.45
Total Current Liabilities	0.38	0.45	0.4	0.18	0.4	0.34	-0.34	-0.42	0.93	0.37	0.45	0.1	0.46	0.33	0.09	0.24		0.19	0.09	0.04	0.21	0.23	0.32	-0.32	0.37	0.5
Retained Earnings	0.69	0.74	0.79	-0.08	0.75	0.11	0.68	-0.5	0.28	0.13	0.77	0.54	0.73	0.59	0.22	0.08	0.19		0.12	-0.03	0.53	0.56	0.46	0.53	0.68	0.58
Short Term Debt	0.04	0.01	0.13	-0.4	0.02	0.0	0.04	-0.14	0.03	0.01	0.13	0.0	0.06	0.0	0.01	-0.85	0.09	0.12		0.01	0.22	0.14	-0.15	-0.18	0.1	-0.09
Common Stock	-0.21	-0.18	-0.39	0.44	-0.19	0.0	-0.36	0.16	0.05	0.0	-0.29	-0.15	-0.34	-0.13	-0.04	-0.07	0.04	-0.03	0.01		0.04	-0.56	-0.03	0.08	-0.26	-0.02
Accounts Payable	0.38	0.4	0.56	-0.24	0.41	-0.02	0.41	-0.29	0.19	0.01	0.53	0.26	0.54	0.29	0.1	-0.09	0.21	0.53	0.22	0.04		0.7	-0.05	0.34	0.36	0.19
Good Will	0.74	0.71	0.75	-0.26	0.73	0.3	0.53	-0.32	0.17	0.33	0.83	0.62	0.71	0.64	0.41	0.12	0.23	0.56	0.14	-0.56	0.7		0.34	0.1	0.74	0.52
Short Term Investments	0.84	0.85	0.31	0.56	0.84	0.76	0.07	0.03	0.21	0.77	0.68	0.84	0.32	0.88	0.74	0.47	0.32	0.46	-0.15	-0.03	-0.05	0.34		-0.1	0.8	0.92
Net Receivables	-0.02	0.06	0.43	-0.11	0.08	-0.58	0.75	-0.31	-0.08	-0.57	0.11	-0.1	0.41	-0.13	-0.4	-0.07	-0.32	0.53	-0.18	0.08	0.34	0.1	-0.1		-0.02	-0.1
Intangible Assets	0.97	0.96	0.63	0.02	0.97	0.67	0.33	-0.28	0.26	0.68	0.94	0.9	0.59	0.95	0.73	0.3	0.37	0.68	0.1	-0.26	0.36	0.74	0.8	-0.02		0.87
Inventory	0.93	0.93	0.51	0.45	0.91	0.73	0.12	-0.19	0.42	0.74	0.83	0.82	0.54	0.93	0.69	0.45	0.5	0.58	-0.09	-0.02	0.19	0.52	0.92	-0.1	0.87

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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	441.8M	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
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	258.1M	316.6M	367.7M	354.2M	200.9M	138.7M
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
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
Accounts Payable	20.8M	20.5M	10.9M	20.2M	15.5M	13.6M
Net Receivables	54.1M	58.8M	48.9M	1.3M	200K	190K
Intangible Assets	24.4M	26.1M	28.0M	30.3M	44.0M	46.2M
Other Current Assets	(87.4M)	58.2M	191.2M	(1.3M)	1.1B	1.1B
Current Deferred Revenue	(31.6M)	26.1M	9.1M	(67.1M)	(40.9M)	(42.9M)

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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.

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Newtek Net Debt vs Long Term Investments Analysis

Net Debt vs Long Term Investments

Net Debt vs Long Term Investments Correlation Analysis

Correlation Coefficient

Net Debt

Long Term Investments

Newtek Business fundamental ratios Correlations

Newtek Business Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Newtek Business fundamental ratios Accounts

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Net Debt	+ 1.0	Short Long Term Debt Total
Cash And Short Term Investments	+ 1.0	Cash
Short Long Term Debt Total	+ 0.99	Total Assets
Net Debt	+ 0.99	Total Assets
Total Liab	+ 0.98	Total Assets
Other Stockholder Equity	+ 0.98	Total Stockholder Equity

Short Term Debt	- 0.85	Other Current Liab
Other Stockholder Equity	- 0.75	Non Currrent Assets Other
Non Currrent Assets Other	- 0.74	Total Stockholder Equity
Other Assets	- 0.6	Non Currrent Assets Other
Net Receivables	- 0.58	Cash
Net Receivables	- 0.57	Cash And Short Term Investments