NewtekOne, Quick Ratio from 2010 to 2024

NEWTI Stock  USD 25.33  0.19  0.76%   
NewtekOne, 800's Quick Ratio is increasing with stable movements from year to year. Quick Ratio is estimated to finish at 28.90 this year. Quick Ratio is a measure of a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as (current assets - inventories) divided by current liabilities. View All Fundamentals
 
Quick Ratio  
First Reported
2010-12-31
Previous Quarter
15.87482386
Current Value
28.9
Quarterly Volatility
32.4584742
 
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Yuan Drop
 
Covid
Check NewtekOne, 800 financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among NewtekOne, 800's main balance sheet or income statement drivers, such as Depreciation And Amortization of 5.6 M, Total Revenue of 284.7 M or Gross Profit of 238.2 M, as well as many indicators such as Price To Sales Ratio of 1.86, Dividend Yield of 0.0221 or PTB Ratio of 1.5. NewtekOne, financial statements analysis is a perfect complement when working with NewtekOne, 800 Valuation or Volatility modules.
  
Check out the analysis of NewtekOne, 800 Correlation against competitors.

Latest NewtekOne, 800's Quick Ratio Growth Pattern

Below is the plot of the Quick Ratio of NewtekOne, 800 percent over the last few years. It is a measure of a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as (current assets - inventories) divided by current liabilities. NewtekOne, 800's Quick Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in NewtekOne, 800's overall financial position and show how it may be relating to other accounts over time.
Quick Ratio10 Years Trend
Pretty Stable
   Quick Ratio   
       Timeline  

NewtekOne, Quick Ratio Regression Statistics

Arithmetic Mean34.20
Geometric Mean20.73
Coefficient Of Variation94.91
Mean Deviation26.20
Median25.34
Standard Deviation32.46
Sample Variance1,054
Range102
R-Value0.28
Mean Square Error1,043
R-Squared0.08
Significance0.30
Slope2.06
Total Sum of Squares14,750

NewtekOne, Quick Ratio History

2024 28.9
2023 15.87
2022 6.99
2021 103.16
2020 83.59
2019 22.59
2018 79.05

About NewtekOne, 800 Financial Statements

Investors use fundamental indicators, such as NewtekOne, 800's Quick Ratio, to determine how well the company is positioned to perform in the future. Although NewtekOne, 800's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Quick Ratio 15.87  28.90 

Currently Active Assets on Macroaxis

When determining whether NewtekOne, 800 percent offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of NewtekOne, 800's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Newtekone, 800 Percent Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Newtekone, 800 Percent Stock:
Check out the analysis of NewtekOne, 800 Correlation against competitors.
You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
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 NewtekOne, 800. If investors know NewtekOne, 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 NewtekOne, 800 listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Dividend Share
1.7
The market value of NewtekOne, 800 percent is measured differently than its book value, which is the value of NewtekOne, that is recorded on the company's balance sheet. Investors also form their own opinion of NewtekOne, 800's value that differs from its market value or its book value, called intrinsic value, which is NewtekOne, 800's 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 NewtekOne, 800's market value can be influenced by many factors that don't directly affect NewtekOne, 800's 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 NewtekOne, 800's value and its price as these two are different measures arrived at by different means. Investors typically determine if NewtekOne, 800 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NewtekOne, 800's 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.