Newtek Tax Provision from 2010 to 2024

NEWT Stock  USD 14.76  0.23  1.58%   
Newtek Business Tax Provision yearly trend continues to be comparatively stable with very little volatility. Tax Provision is likely to outpace its year average in 2024. Tax Provision is the amount set aside by Newtek Business Services to cover any estimated taxes for the current period. It reflects Newtek Business' expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2019-03-31
Previous Quarter
3.8 M
Current Value
5.1 M
Quarterly Volatility
2.6 M
 
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' Tax Provision Growth Pattern

Below is the plot of the Tax Provision of Newtek Business Services over the last few years. It is the amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities. Newtek Business' Tax Provision 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.
Tax Provision10 Years Trend
Very volatile
   Tax Provision   
       Timeline  

Newtek Tax Provision Regression Statistics

Arithmetic Mean4,225,067
Coefficient Of Variation56.09
Mean Deviation1,916,978
Median5,128,000
Standard Deviation2,369,696
Sample Variance5.6T
Range8.3M
R-Value(0.06)
Mean Square Error6T
R-Squared0
Significance0.84
Slope(30,829)
Total Sum of Squares78.6T

Newtek Tax Provision History

20247.3 M
2023M
20226.5 M
20211.3 M
2020-999 K
20193.2 M
20181.1 M

About Newtek Business Financial Statements

Newtek Business shareholders use historical fundamental indicators, such as Tax Provision, 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
Tax ProvisionM7.3 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.