NewtekOne Balance Sheet Health
Financial Health criteria checks 2/6
NewtekOne has a total shareholder equity of $281.8M and total debt of $655.8M, which brings its debt-to-equity ratio to 232.7%. Its total assets and total liabilities are $1.7B and $1.4B respectively. NewtekOne's EBIT is $148.7M making its interest coverage ratio 1.9. It has cash and short-term investments of $162.5M.
Key information
232.7%
Debt to equity ratio
US$655.83m
Debt
| Interest coverage ratio | 1.9x |
| Cash | US$162.49m |
| Equity | US$281.79m |
| Total liabilities | US$1.39b |
| Total assets | US$1.67b |
Recent financial health updates
Recent updates
Bargain Securities From NewtekOne And Eagle Point Income Company
Nov 07NewtekOne: Undervalued On 6.5% Dividend Yield, Paltalk Equity, Rate Cut Euphoria
Sep 23NewtekOne: 8.6% Yielding Bonds Make More Sense Than The Stock
Sep 10NewtekOne: The Hybrid Bank Offering 8% Yields On Its Debt
Jul 16Cautious Investors Not Rewarding NewtekOne, Inc.'s (NASDAQ:NEWT) Performance Completely
Jul 16
NewtekOne Stock: 10%+ Higher On Q1 Earnings, But Still Cheap?
May 10NewtekOne: Full Steam Ahead
Mar 10Newtek: A Logical Capital Return Framework Would Make Shares Attractive
Sep 25Newtek Business cuts dividend by 13% to $0.65
Aug 30Newtek prices $116.2M of SBA 7(a) unguaranteed loan-backed notes series 2022-1
Aug 24Newtek Business forecasts to pay $1.00-$1.50/share dividend in 2H22
Aug 03The Curious Case Of Newtek Business Services
Jun 24Newtek: 3 Reasons We Are Upgrading This Today
Apr 12Financial Position Analysis
Short Term Liabilities: NEWT's short term assets ($1.4B) exceed its short term liabilities ($61.9M).
Long Term Liabilities: NEWT's short term assets ($1.4B) exceed its long term liabilities ($1.3B).
Debt to Equity History and Analysis
Debt Level: NEWT's net debt to equity ratio (175.1%) is considered high.
Reducing Debt: NEWT's debt to equity ratio has increased from 130.9% to 232.7% over the past 5 years.
Debt Coverage: NEWT's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: NEWT's interest payments on its debt are not well covered by EBIT (1.9x coverage).
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/31 23:58 |
| End of Day Share Price | 2025/01/31 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
NewtekOne, Inc. is covered by 12 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Bryce Rowe | B. Riley Securities, Inc. |
| Merrill Ross | Compass Point Research & Trading, LLC |
| Peter Heckmann | D.A. Davidson & Co. |