NewtekOne, Interest Expense vs Income Before Tax Analysis

NEWTI Stock  USD 25.04  0.09  0.36%   
NewtekOne, 800 financial indicator trend analysis is infinitely more than just investigating NewtekOne, 800 percent recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether NewtekOne, 800 percent is a good investment. Please check the relationship between NewtekOne, 800 Interest Expense and its Income Before Tax accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NewtekOne, 800 percent. 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.

Interest Expense vs Income Before Tax

Interest Expense vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NewtekOne, 800 percent Interest Expense account and Income Before Tax. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between NewtekOne, 800's Interest Expense and Income Before Tax is 0.49. Overlapping area represents the amount of variation of Interest Expense that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of NewtekOne, 800 percent, assuming nothing else is changed. The correlation between historical values of NewtekOne, 800's Interest Expense and Income Before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Expense of NewtekOne, 800 percent are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Interest Expense i.e., NewtekOne, 800's Interest Expense and Income Before Tax go up and down completely randomly.

Correlation Coefficient

0.49
Relationship DirectionPositive 
Relationship StrengthWeak

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on NewtekOne, 800 income statement and is an important metric when analyzing NewtekOne, 800 percent profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.
Most indicators from NewtekOne, 800's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into NewtekOne, 800 percent 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 NewtekOne, 800 percent. 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.
The NewtekOne, 800's current Sales General And Administrative To Revenue is estimated to increase to 0.19, while Selling General Administrative is projected to decrease to under 23.9 M.
 2021 2022 2023 2024 (projected)
Total Revenue160.9M158.0M271.1M284.7M
Depreciation And Amortization304K239K2.9M5.6M

NewtekOne, 800 fundamental ratios Correlations

0.990.140.280.910.840.28-0.14-0.250.840.840.910.590.980.850.360.78-0.19-0.130.020.490.670.42-0.240.91-0.4
0.990.180.290.930.840.31-0.21-0.340.840.870.90.630.960.830.330.78-0.16-0.090.040.480.720.49-0.190.91-0.41
0.140.180.650.180.240.8-0.73-0.70.240.610.330.480.080.04-0.740.110.850.59-0.070.250.480.540.480.46-0.61
0.280.290.650.130.090.73-0.62-0.40.090.630.240.650.160.0-0.170.230.370.35-0.120.390.290.090.410.44-0.32
0.910.930.180.130.870.21-0.15-0.430.870.780.890.480.910.840.20.72-0.1-0.20.180.420.740.66-0.180.84-0.49
0.840.840.240.090.870.26-0.21-0.491.00.730.870.460.850.790.10.610.0-0.150.170.330.70.69-0.150.79-0.58
0.280.310.80.730.210.26-0.85-0.710.260.640.290.750.15-0.11-0.34-0.040.480.39-0.130.20.430.420.590.43-0.71
-0.14-0.21-0.73-0.62-0.15-0.21-0.850.87-0.21-0.5-0.07-0.80.020.230.270.06-0.37-0.260.05-0.12-0.32-0.47-0.49-0.230.45
-0.25-0.34-0.7-0.4-0.43-0.49-0.710.87-0.49-0.54-0.29-0.66-0.16-0.020.34-0.04-0.4-0.11-0.17-0.15-0.53-0.77-0.46-0.340.65
0.840.840.240.090.871.00.26-0.21-0.490.720.870.460.850.790.10.610.0-0.160.170.330.70.68-0.150.79-0.58
0.840.870.610.630.780.730.64-0.5-0.540.720.860.730.790.66-0.070.670.280.230.020.540.770.550.070.94-0.57
0.910.90.330.240.890.870.29-0.07-0.290.870.860.380.950.910.00.760.150.080.050.470.780.57-0.150.96-0.56
0.590.630.480.650.480.460.75-0.8-0.660.460.730.380.420.150.210.31-0.04-0.02-0.070.390.390.360.180.53-0.38
0.980.960.080.160.910.850.150.02-0.160.850.790.950.420.930.310.81-0.16-0.110.050.470.690.43-0.290.91-0.39
0.850.830.040.00.840.79-0.110.23-0.020.790.660.910.150.930.160.87-0.05-0.070.10.450.630.4-0.430.84-0.22
0.360.33-0.74-0.170.20.1-0.340.270.340.1-0.070.00.210.310.160.24-0.97-0.59-0.020.04-0.19-0.35-0.41-0.030.41
0.780.780.110.230.720.61-0.040.06-0.040.610.670.760.310.810.870.24-0.060.110.050.50.60.25-0.340.77-0.01
-0.19-0.160.850.37-0.10.00.48-0.37-0.40.00.280.15-0.04-0.16-0.05-0.97-0.060.7-0.030.070.320.380.460.21-0.47
-0.13-0.090.590.35-0.2-0.150.39-0.26-0.11-0.160.230.08-0.02-0.11-0.07-0.590.110.7-0.130.080.420.080.480.16-0.16
0.020.04-0.07-0.120.180.17-0.130.05-0.170.170.020.05-0.070.050.1-0.020.05-0.03-0.130.140.280.110.12-0.05-0.09
0.490.480.250.390.420.330.2-0.12-0.150.330.540.470.390.470.450.040.50.070.080.140.49-0.060.030.5-0.16
0.670.720.480.290.740.70.43-0.32-0.530.70.770.780.390.690.63-0.190.60.320.420.280.490.640.30.75-0.61
0.420.490.540.090.660.690.42-0.47-0.770.680.550.570.360.430.4-0.350.250.380.080.11-0.060.640.170.53-0.69
-0.24-0.190.480.41-0.18-0.150.59-0.49-0.46-0.150.07-0.150.18-0.29-0.43-0.41-0.340.460.480.120.030.30.17-0.1-0.53
0.910.910.460.440.840.790.43-0.23-0.340.790.940.960.530.910.84-0.030.770.210.16-0.050.50.750.53-0.1-0.53
-0.4-0.41-0.61-0.32-0.49-0.58-0.710.450.65-0.58-0.57-0.56-0.38-0.39-0.220.41-0.01-0.47-0.16-0.09-0.16-0.61-0.69-0.53-0.53
Click cells to compare fundamentals

NewtekOne, 800 Account Relationship Matchups

NewtekOne, 800 fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets31.6M841.0M1.1B998.9M1.4B1.5B
Short Long Term Debt Total40.5M460.5M481.1M547.3M654.9M687.6M
Total Stockholder Equity797.4M339.4M403.9M375.4M249.0M179.3M
Net Debt7.3M409.1M294.2M421.7M501.8M526.9M
Cash33.2M51.4M186.9M125.6M153.1M160.7M
Non Current Assets Total707.5M728.0M818.4M344.0M212.8M246.2M
Non Currrent Assets Other(781.3M)(817.2M)(1.0B)(975.3M)63.5M66.7M
Other Assets(765.8M)(839.4M)(1.1B)(961.0M)7.4M7.8M
Cash And Short Term Investments33.2M51.4M186.9M125.6M153.1M160.7M
Common Stock Shares Outstanding19.3M21.1M22.8M24.2M24.3M25.6M
Liabilities And Stockholders Equity441.8M841.0M1.1B998.9M1.4B1.5B
Non Current Liabilities Total436.0M490.2M640.1M548.4M1.1B1.2B
Other Stockholder Equity120.7M316.6M367.7M354.2M200.9M135.6M
Total Liab411K501.6M652.7M623.5M1.2B1.2B
Total Current Assets89.9M113.0M238.1M654.9M1.2B1.3B
Other Current Liab(360.4M)6.2M7.6M23.9M20.3M21.3M
Total Current Liabilities12.4M11.4M12.5M75.2M76.6M80.5M
Retained Earnings322.2M22.3M35.7M20.6M28.1M30.4M
Common Stock411K439K483K492K442.8K412.7K
Accounts Payable2.5M3.6M3.1M13.4M15.5M16.2M
Net Receivables54.1M52.7M44.5M1.3M200K190K
Accumulated Other Comprehensive Income31M33M322.2M0.0(148K)(140.6K)
Intangible Assets24.4M26.1M28.0M30.3M44.0M46.2M
Inventory(794.9M)(838.3M)(1.1B)129.1M(466.7M)(443.3M)
Other Current Assets797.4M58.2M191.2M601.2M1.1B1.1B

Currently Active Assets on Macroaxis

When determining whether NewtekOne, 800 percent offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of NewtekOne, 800's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Newtekone, 800 Percent Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Newtekone, 800 Percent Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NewtekOne, 800 percent. 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.
You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Is Trading space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of NewtekOne, 800. If investors know NewtekOne, will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about NewtekOne, 800 listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Dividend Share
1.7
The market value of NewtekOne, 800 percent is measured differently than its book value, which is the value of NewtekOne, that is recorded on the company's balance sheet. Investors also form their own opinion of NewtekOne, 800's value that differs from its market value or its book value, called intrinsic value, which is NewtekOne, 800's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because NewtekOne, 800's market value can be influenced by many factors that don't directly affect NewtekOne, 800's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between NewtekOne, 800's value and its price as these two are different measures arrived at by different means. Investors typically determine if NewtekOne, 800 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NewtekOne, 800's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.