NewtekOne Interest Expense from 2010 to 2026
| NEWTP Stock | 24.27 0.03 0.12% |
Interest Expense | First Reported 2000-12-31 | Previous Quarter 24.5 M | Current Value 15.6 M | Quarterly Volatility 6.2 M |
Check NewtekOne Depositary financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among NewtekOne Depositary's main balance sheet or income statement drivers, such as Depreciation And Amortization of 634.6 K, Total Revenue of 338.3 M or Gross Profit of 254.7 M, as well as many indicators such as Price To Sales Ratio of 0.84, Dividend Yield of 0.0558 or PTB Ratio of 0.68. NewtekOne financial statements analysis is a perfect complement when working with NewtekOne Depositary Valuation or Volatility modules.
NewtekOne | Interest Expense | Build AI portfolio with NewtekOne Stock |
Evaluating NewtekOne Depositary's Interest Expense across multiple reporting periods reveals the company's ability to sustain growth and manage resources effectively. This longitudinal analysis highlights inflection points, cyclical patterns, and structural changes that short-term snapshots might miss, offering deeper insight into NewtekOne Depositary Shares's fundamental strength.
Latest NewtekOne Depositary's Interest Expense Growth Pattern
Below is the plot of the Interest Expense of NewtekOne Depositary Shares over the last few years. It is the cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit. NewtekOne Depositary's Interest Expense historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in NewtekOne Depositary's overall financial position and show how it may be relating to other accounts over time.
| Interest Expense | 10 Years Trend |
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Interest Expense |
| Timeline |
NewtekOne Interest Expense Regression Statistics
| Arithmetic Mean | 24,706,473 | |
| Geometric Mean | 15,405,954 | |
| Coefficient Of Variation | 101.43 | |
| Mean Deviation | 19,735,110 | |
| Median | 16,066,000 | |
| Standard Deviation | 25,059,857 | |
| Sample Variance | 628T | |
| Range | 77.7M | |
| R-Value | 0.84 | |
| Mean Square Error | 192.9T | |
| R-Squared | 0.71 | |
| Significance | 0.000021 | |
| Slope | 4,187,548 | |
| Total Sum of Squares | 10047.9T |
NewtekOne Interest Expense History
About NewtekOne Depositary Financial Statements
NewtekOne Depositary shareholders use historical fundamental indicators, such as Interest Expense, to determine how well the company is positioned to perform in the future. Although NewtekOne Depositary investors may analyze each financial statement separately, they are all interrelated. The changes in NewtekOne Depositary's assets and liabilities, for example, are also reflected in the revenues and expenses on on NewtekOne Depositary's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Interest Expense | 56.6 M | 59.5 M |
Pair Trading with NewtekOne Depositary
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 NewtekOne Depositary 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 NewtekOne Depositary will appreciate offsetting losses from the drop in the long position's value.Moving together with NewtekOne Stock
| 0.77 | CBC | Central Bancompany Class | PairCorr |
| 0.87 | OBK | Origin Bancorp | PairCorr |
| 0.67 | NBBK | NB Bancorp Common | PairCorr |
Moving against NewtekOne Stock
The ability to find closely correlated positions to NewtekOne Depositary could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace NewtekOne Depositary 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 NewtekOne Depositary - 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 NewtekOne Depositary Shares to buy it.
The correlation of NewtekOne Depositary 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 NewtekOne Depositary moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if NewtekOne Depositary 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 NewtekOne Depositary 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.Additional Tools for NewtekOne Stock Analysis
When running NewtekOne Depositary's price analysis, check to measure NewtekOne Depositary's 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 NewtekOne Depositary is operating at the current time. Most of NewtekOne Depositary's value examination focuses on studying past and present price action to predict the probability of NewtekOne Depositary's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NewtekOne Depositary's price. Additionally, you may evaluate how the addition of NewtekOne Depositary to your portfolios can decrease your overall portfolio volatility.