Newtek Business Services Corp. 5.50% Notes Due 2026
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. The firm also seeks to invest in early stage businesses. The firm seeks to makes both debt and equity investments. Under debt investments, it focuses on first lien loans, which have terms of 1 to 25 years; se… Read more
Newtek Business Services Corp. 5.50% Notes Due 2026 - Asset Resilience Ratio
Newtek Business Services Corp. 5.50% Notes Due 2026 (NEWTZ) has an Asset Resilience Ratio of 2.24% as of March 2024. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2001–2023)
This chart shows how Newtek Business Services Corp. 5.50% Notes Due 2026's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.
Liquid Assets Composition Over Time
This chart breaks down Newtek Business Services Corp. 5.50% Notes Due 2026's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0% |
| Short-term Investments | $32.17 Million | 2.24% |
| Total Liquid Assets | $32.17 Million | 2.24% |
Asset Resilience Insights
- Limited Liquidity: Newtek Business Services Corp. 5.50% Notes Due 2026 maintains only 2.24% of assets in liquid form.
- This low level may indicate efficient asset utilization but could pose risks during economic downturns.
- The company has significant short-term investments, indicating active treasury management.
Newtek Business Services Corp. 5.50% Notes Due 2026 Industry Peers by Asset Resilience Ratio
Compare Newtek Business Services Corp. 5.50% Notes Due 2026's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
MANHATTAN ASSOC
BE:MHT |
Other | 0.00% |
|
TV BROADCAST
MU:TBCN |
Other | 2.06% |
|
FIRST CITIZENS BC A
BE:FC6A |
Other | 12.78% |
|
COSTCO WHSL
MU:CTO |
Other | 1.77% |
|
GOLDMAN SACHS GROUP - Dusseldorf Stock Exchang
DU:GOS |
Other | 1.39% |
|
Public Service Company of New Mexico PFD 4.58%
PINK:PNMXO |
Other | 0.43% |
Annual Asset Resilience Ratio for Newtek Business Services Corp. 5.50% Notes Due 2026 (2001–2023)
The table below shows the annual Asset Resilience Ratio data for Newtek Business Services Corp. 5.50% Notes Due 2026.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-12-31 | 2.24% | $32.17 Million | $1.44 Billion | +0.32pp |
| 2022-12-31 | 1.92% | $19.17 Million | $998.90 Million | +1.92pp |
| 2018-12-31 | 0.00% | $9.00K | $653.34 Million | 0.00pp |
| 2017-12-31 | 0.00% | $9.00K | $519.61 Million | -0.01pp |
| 2016-12-31 | 0.01% | $35.00K | $401.45 Million | 0.00pp |
| 2015-12-31 | 0.01% | $35.00K | $355.49 Million | -0.98pp |
| 2014-12-31 | 0.99% | $3.00 Million | $301.83 Million | -1.39pp |
| 2013-12-31 | 2.38% | $4.73 Million | $198.61 Million | +1.80pp |
| 2012-12-31 | 0.59% | $896.00K | $152.74 Million | -37.59pp |
| 2009-12-31 | 38.17% | $51.95 Million | $136.08 Million | -3.45pp |
| 2008-12-31 | 41.62% | $70.56 Million | $169.53 Million | +41.02pp |
| 2007-12-31 | 0.60% | $1.31 Million | $217.82 Million | -3.91pp |
| 2006-12-31 | 4.51% | $10.86 Million | $240.74 Million | -0.81pp |
| 2005-12-31 | 5.32% | $14.10 Million | $265.01 Million | +3.91pp |
| 2004-12-31 | 1.41% | $3.21 Million | $228.40 Million | +0.51pp |
| 2003-12-31 | 0.90% | $1.72 Million | $192.18 Million | -2.09pp |
| 2002-12-31 | 2.99% | $5.05 Million | $169.05 Million | -14.34pp |
| 2001-12-31 | 17.33% | $14.45 Million | $83.36 Million | -- |