Newtek Business Cash And Equivalents vs. Total Asset
| NEWTZ Stock | USD 24.66 0.02 0.08% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.49 | 0.825 |
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| Net Profit Margin | 0.14 | 0.187 |
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| Pretax Profit Margin | 0.16 | 0.1792 |
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| Return On Assets | 0.0248 | 0.0329 |
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| Return On Equity | 0.2 | 0.19 |
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For Newtek Business profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Newtek Business to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Newtek Business Services utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Newtek Business's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Newtek Business Services over time as well as its relative position and ranking within its peers.
Newtek |
Is Trading 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 Newtek Business. If investors know Newtek 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 Newtek Business 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 Newtek Business Services is measured differently than its book value, which is the value of Newtek that is recorded on the company's balance sheet. Investors also form their own opinion of Newtek Business' value that differs from its market value or its book value, called intrinsic value, which is Newtek Business' 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 Newtek Business' market value can be influenced by many factors that don't directly affect Newtek Business' 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 Newtek Business' value and its price as these two are different measures arrived at by different means. Investors typically determine if Newtek Business is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Newtek Business' 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.
Newtek Business Services Total Asset vs. Cash And Equivalents Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Newtek Business's current stock value. Our valuation model uses many indicators to compare Newtek Business value to that of its competitors to determine the firm's financial worth. Newtek Business Services is considered to be number one stock in cash and equivalents category among its peers. It also is considered to be number one stock in total asset category among its peers fabricating about 548.45 of Total Asset per Cash And Equivalents. At this time, Newtek Business' Total Assets are fairly stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Newtek Business' earnings, one of the primary drivers of an investment's value.Newtek Total Asset vs. Cash And Equivalents
Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
Newtek Business |
| = | 2.62 M |
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.
Newtek Business |
| = | 1.44 B |
Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.
Newtek Total Asset Comparison
Newtek Business is currently under evaluation in total asset category among its peers.
Newtek Business Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Newtek Business, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Newtek Business will eventually generate negative long term returns. The profitability progress is the general direction of Newtek Business' change in net profit over the period of time. It can combine multiple indicators of Newtek Business, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | -148 K | -140.6 K | |
| Operating Income | 97.5 M | 102.4 M | |
| Income Before Tax | 45.4 M | 47.6 M | |
| Total Other Income Expense Net | -52.2 M | -49.6 M | |
| Net Income | 47.3 M | 49.7 M | |
| Income Tax Expense | -2 M | -1.9 M | |
| Net Income From Continuing Ops | 44.8 M | 28.8 M | |
| Net Income Applicable To Common Shares | 44.8 M | 29.1 M | |
| Change To Netincome | -91.5 M | -96.1 M | |
| Net Income Per Share | 1.95 | 2.05 | |
| Income Quality | (1.87) | (1.78) | |
| Net Income Per E B T | 1.04 | 0.66 |
Newtek Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Newtek Business. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Newtek Business position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Newtek Business' important profitability drivers and their relationship over time.
Use Newtek Business in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Newtek Business position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Newtek Business will appreciate offsetting losses from the drop in the long position's value.Newtek Business Pair Trading
Newtek Business Services Pair Trading Analysis
The ability to find closely correlated positions to Newtek Business could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Newtek Business when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Newtek Business - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Newtek Business Services to buy it.
The correlation of Newtek Business is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Newtek Business moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Newtek Business Services moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Newtek Business can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Newtek Business position
In addition to having Newtek Business in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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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.