Newtek Net Tangible Assets from 2010 to 2024

NEWT Stock  USD 14.76  0.23  1.58%   
Newtek Business Net Tangible Assets yearly trend continues to be comparatively stable with very little volatility. Net Tangible Assets will likely drop to about 293.1 M in 2024. Net Tangible Assets is the total assets of Newtek Business Services minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. View All Fundamentals
 
Net Tangible Assets  
First Reported
2014-09-30
Previous Quarter
170.7 M
Current Value
173.9 M
Quarterly Volatility
71.3 M
 
Yuan Drop
 
Covid
Check Newtek Business financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Newtek Business' main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.7 M, Interest Expense of 71.1 M or Selling General Administrative of 23.7 M, as well as many indicators such as Price To Sales Ratio of 1.98, Dividend Yield of 0.059 or PTB Ratio of 2.09. Newtek financial statements analysis is a perfect complement when working with Newtek Business Valuation or Volatility modules.
  
Check out the analysis of Newtek Business Correlation against competitors.

Latest Newtek Business' Net Tangible Assets Growth Pattern

Below is the plot of the Net Tangible Assets of Newtek Business Services over the last few years. It is the total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. Newtek Business' Net Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Newtek Business' overall financial position and show how it may be relating to other accounts over time.
Net Tangible Assets10 Years Trend
Slightly volatile
   Net Tangible Assets   
       Timeline  

Newtek Net Tangible Assets Regression Statistics

Arithmetic Mean247,698,767
Geometric Mean233,753,770
Coefficient Of Variation34.95
Mean Deviation75,394,850
Median258,970,000
Standard Deviation86,571,217
Sample Variance7494.6T
Range239.9M
R-Value0.92
Mean Square Error1298.5T
R-Squared0.84
Slope17,732,536
Total Sum of Squares104924.1T

Newtek Net Tangible Assets History

2024293.1 M
2023396.9 M
2022345.1 M
2021375.9 M
2020313.3 M
2019297.8 M
2018266.1 M

About Newtek Business Financial Statements

Newtek Business shareholders use historical fundamental indicators, such as Net Tangible Assets, to determine how well the company is positioned to perform in the future. Although Newtek Business investors may analyze each financial statement separately, they are all interrelated. The changes in Newtek Business' assets and liabilities, for example, are also reflected in the revenues and expenses on on Newtek Business' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Net Tangible Assets396.9 M293.1 M

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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.