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
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 04:24 |
| End of Day Share Price | 2024/12/30 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 |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
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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. |