Newtek Business Services Stock Today

NEWTZ Stock  USD 24.67  0.03  0.12%   

Performance

11 of 100

 
Weak
 
Strong
Good

Odds Of Distress

Less than 5

 
High
 
Low
Very Low
Newtek Business is trading at 24.67 as of the 8th of October 2024; that is 0.12% up since the beginning of the trading day. The stock's open price was 24.64. Newtek Business has under 5 % chance of experiencing financial distress over the next 2 years and had a good performance during the last 90 days. Equity ratings for Newtek Business Services are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 8th of September 2024 and ending today, the 8th of October 2024. Click here to learn more.
IPO Date
25th of January 2021
Category
Other
Newtek Business Services Corp. is a business development company specializing in providing financial and business services to the small-and medium-sized business market in the United States. Newtek Business Services Corp., formerly known as Newtek Business Services Inc., was incorporated on August 26, 2013 and is headquartered in Lake Success, New York with additional offices in Garden City, New York Miami, Florida Milwaukee, Wisconsin New Orleans, Louisiana and New York, New York. More on Newtek Business Services

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Moving against Newtek Stock

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Newtek Stock Highlights

ESG Sustainability
Environmental
Governance
Social
Business ConcentrationTrading, Other, Trading, Other (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.02480.0316
Significantly Down
Pretty Stable
Asset Turnover0.170.1762
Sufficiently Down
Slightly volatile
Gross Profit Margin0.480.76
Way Down
Slightly volatile
Net Debt977.1 M930.6 M
Sufficiently Up
Slightly volatile
Total Current Liabilities54.5 M76.6 M
Way Down
Slightly volatile
Non Current Liabilities Total1.2 B1.1 B
Sufficiently Up
Slightly volatile
Total Assets1.5 B1.4 B
Sufficiently Up
Slightly volatile
Total Current Assets1.3 B1.2 B
Sufficiently Up
Slightly volatile
Debt Levels
Newtek Business can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Newtek Business' financial leverage. It provides some insight into what part of Newtek Business' total assets is financed by creditors.
Liquidity
Newtek Business Services has accumulated 1.11 B in total debt with debt to equity ratio (D/E) of 89.8, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Newtek Business Services has a current ratio of 2.25, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Note, when we think about Newtek Business' use of debt, we should always consider it together with its cash and equity.

Net Income

49.7 Million
Newtek Business Services (NEWTZ) is traded on NASDAQ Exchange in USA. It is located in 1981 Marcus Avenue and employs 162 people. Newtek Business is listed under Trading category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 450.62 M. Newtek Business Services classifies itself under Other sector and is part of Trading industry. Newtek Business Services has accumulated about 2.62 M in cash with (88.6 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.14.
Check Newtek Business Probability Of Bankruptcy

Newtek Business Historical Income Statement

At this time, Newtek Business' Research Development is fairly stable compared to the past year. View More Fundamentals

Newtek Stock Against Markets

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.