Newtek Days Of Inventory On Hand vs Pfcf Ratio Analysis

NEWTZ Stock  USD 24.98  0.18  0.73%   
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 Days Of Inventory On Hand and its Pfcf Ratio 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.

Days Of Inventory On Hand vs Pfcf Ratio

Days Of Inventory On Hand vs Pfcf Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Newtek Business Services Days Of Inventory On Hand account and Pfcf Ratio. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Newtek Business' Days Of Inventory On Hand and Pfcf Ratio is 0.12. Overlapping area represents the amount of variation of Days Of Inventory On Hand that can explain the historical movement of Pfcf Ratio 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' Days Of Inventory On Hand and Pfcf Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Days Of Inventory On Hand of Newtek Business Services are associated (or correlated) with its Pfcf Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Pfcf Ratio has no effect on the direction of Days Of Inventory On Hand i.e., Newtek Business' Days Of Inventory On Hand and Pfcf Ratio go up and down completely randomly.

Correlation Coefficient

0.12
Relationship DirectionPositive 
Relationship StrengthInsignificant

Days Of Inventory On Hand

Pfcf Ratio

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 Revenue147.8M105.2M253.1M265.8M
Depreciation And Amortization54.7M92.5M2.9M2.7M

Newtek Business fundamental ratios Correlations

0.990.630.160.990.70.32-0.240.280.720.950.920.60.980.750.350.380.690.04-0.210.380.740.84-0.020.970.93
0.990.670.21.00.640.34-0.30.370.660.960.870.660.950.670.370.450.740.01-0.180.40.710.850.060.960.93
0.630.67-0.180.67-0.060.7-0.740.52-0.030.810.330.980.45-0.020.010.40.790.13-0.390.560.750.310.430.630.51
0.160.2-0.180.180.35-0.290.320.170.34-0.010.19-0.070.240.230.40.18-0.08-0.40.44-0.24-0.260.56-0.110.020.45
0.991.00.670.180.640.38-0.290.320.650.960.890.650.950.680.360.40.750.02-0.190.410.730.840.080.970.91
0.70.64-0.060.350.64-0.380.30.071.00.480.81-0.070.820.940.440.340.110.00.0-0.020.30.76-0.580.670.73
0.320.340.7-0.290.38-0.38-0.46-0.14-0.370.480.220.640.17-0.15-0.16-0.340.680.04-0.360.410.530.070.750.330.12
-0.24-0.3-0.740.32-0.290.3-0.46-0.60.28-0.490.08-0.75-0.080.350.15-0.42-0.5-0.140.16-0.29-0.320.03-0.31-0.28-0.19
0.280.370.520.170.320.07-0.14-0.60.10.41-0.080.590.18-0.170.170.930.280.030.050.190.170.21-0.080.260.42
0.720.66-0.030.340.651.0-0.370.280.10.510.81-0.040.830.940.430.370.130.010.00.010.330.77-0.570.680.74
0.950.960.81-0.010.960.480.48-0.490.410.510.780.790.860.530.220.450.770.13-0.290.530.830.680.110.940.83
0.920.870.330.190.890.810.220.08-0.080.810.780.290.970.920.370.10.540.0-0.150.260.620.84-0.10.90.82
0.60.660.98-0.070.65-0.070.64-0.750.59-0.040.790.290.43-0.050.050.460.730.06-0.340.540.710.320.410.590.54
0.980.950.450.240.950.820.17-0.080.180.830.860.970.430.860.410.330.590.0-0.130.290.640.88-0.130.950.93
0.750.67-0.020.230.680.94-0.150.35-0.170.940.530.92-0.050.860.390.090.220.01-0.040.10.410.74-0.40.730.69
0.350.370.010.40.360.44-0.160.150.170.430.220.370.050.410.390.240.08-0.85-0.07-0.090.120.47-0.070.30.45
0.380.450.40.180.40.34-0.34-0.420.930.370.450.10.460.330.090.240.190.090.040.210.230.32-0.320.370.5
0.690.740.79-0.080.750.110.68-0.50.280.130.770.540.730.590.220.080.190.12-0.030.530.560.460.530.680.58
0.040.010.13-0.40.020.00.04-0.140.030.010.130.00.060.00.01-0.850.090.120.010.220.14-0.15-0.180.1-0.09
-0.21-0.18-0.390.44-0.190.0-0.360.160.050.0-0.29-0.15-0.34-0.13-0.04-0.070.04-0.030.010.04-0.56-0.030.08-0.26-0.02
0.380.40.56-0.240.41-0.020.41-0.290.190.010.530.260.540.290.1-0.090.210.530.220.040.7-0.050.340.360.19
0.740.710.75-0.260.730.30.53-0.320.170.330.830.620.710.640.410.120.230.560.14-0.560.70.340.10.740.52
0.840.850.310.560.840.760.070.030.210.770.680.840.320.880.740.470.320.46-0.15-0.03-0.050.34-0.10.80.92
-0.020.060.43-0.110.08-0.580.75-0.31-0.08-0.570.11-0.10.41-0.13-0.4-0.07-0.320.53-0.180.080.340.1-0.1-0.02-0.1
0.970.960.630.020.970.670.33-0.280.260.680.940.90.590.950.730.30.370.680.1-0.260.360.740.8-0.020.87
0.930.930.510.450.910.730.12-0.190.420.740.830.820.540.930.690.450.50.58-0.09-0.020.190.520.92-0.10.87
Click cells to compare fundamentals

Newtek Business Account Relationship Matchups

Newtek Business fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets797.4M841.0M1.1B998.9M1.4B1.5B
Short Long Term Debt Total441.8M460.5M481.1M547.3M644.1M676.3M
Total Stockholder Equity322.2M339.4M403.9M375.4M249.0M158.4M
Property Plant And Equipment Net8.0M6.9M7.3M6.5M5.7M6.0M
Net Debt440.1M458.4M478.7M493.6M644.1M676.3M
Cash1.8M2.1M2.4M53.7M120.9M127.0M
Non Current Assets Total710.1M678.1M766.1M6.5M212.8M234.9M
Non Currrent Assets Other43.0M(678.1M)(766.1M)(808.0M)63.5M66.7M
Cash And Short Term Investments1.8M2.1M2.4M72.9M153.1M160.7M
Common Stock Shares Outstanding19.3M21.1M22.8M24.2M24.3M25.6M
Liabilities And Stockholders Equity797.4M841.0M1.1B998.9M1.4B1.5B
Non Current Liabilities Total454.2M460.5M481.1M236.1M1.1B1.2B
Other Stockholder Equity258.1M316.6M367.7M354.2M200.9M138.7M
Total Liab475.2M501.6M652.7M623.5M1.2B1.2B
Total Current Assets87.4M60.9M51.3M72.9M1.2B1.3B
Other Current Liab131K(20.5M)(10.9M)19.3M38.5M40.4M
Total Current Liabilities21.0M27.6M10.9M387.5M76.6M54.5M
Retained Earnings31.9M21.9M35.7M20.6M28.1M15.2M
Short Term Debt31.6M1.6M1.9M55.9M38.1M40.5M
Common Stock411K439K483K492K442.8K432.4K
Accounts Payable20.8M20.5M10.9M20.2M15.5M13.6M
Net Receivables54.1M58.8M48.9M1.3M200K190K
Intangible Assets24.4M26.1M28.0M30.3M44.0M46.2M
Other Current Assets(87.4M)58.2M191.2M(1.3M)1.1B1.1B
Current Deferred Revenue(31.6M)26.1M9.1M(67.1M)(40.9M)(42.9M)

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

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.