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 (NEWTZ) - Total Assets
Latest total assets as of March 2024: $1.44 Billion USD
Based on the latest financial reports, Newtek Business Services Corp. 5.50% Notes Due 2026 (NEWTZ) holds total assets worth $1.44 Billion USD as of March 2024.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Newtek Business Services Corp. 5.50% Notes Due 2026 - Total Assets Trend (1999–2023)
This chart illustrates how Newtek Business Services Corp. 5.50% Notes Due 2026’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Newtek Business Services Corp. 5.50% Notes Due 2026 - Asset Composition Analysis
Current Asset Composition (December 2023)
Newtek Business Services Corp. 5.50% Notes Due 2026's total assets of $1.44 Billion consist of 84.7% current assets and 15.3% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 12.8% |
| Accounts Receivable | $62.43 Million | 4.3% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $43.96 Million | 3.1% |
| Goodwill | $25.89 Million | 1.8% |
Asset Composition Trend (1999–2023)
This chart illustrates how Newtek Business Services Corp. 5.50% Notes Due 2026's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Newtek Business Services Corp. 5.50% Notes Due 2026's current assets represent 84.7% of total assets in 2023, an increase from 46.6% in 1999.
- Cash Position: Cash and equivalents constituted 12.8% of total assets in 2023, down from 46.6% in 1999.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 4.0% of total assets, an increase from 0.0% in 1999.
- Asset Diversification: The largest asset category is accounts receivable at 4.3% of total assets.
Newtek Business Services Corp. 5.50% Notes Due 2026 Competitors by Total Assets
Key competitors of Newtek Business Services Corp. 5.50% Notes Due 2026 based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
MANHATTAN ASSOC
BE:MHT
|
Germany | €698.14 Million |
|
TV BROADCAST
MU:TBCN
|
Germany | €6.25 Billion |
|
FIRST CITIZENS BC A
BE:FC6A
|
Germany | €220.57 Billion |
|
COSTCO WHSL
MU:CTO
|
Germany | €69.83 Billion |
|
GOLDMAN SACHS GROUP - Dusseldorf Stock Exchang
DU:GOS
|
Germany | €1.73 Trillion |
|
BURCKHARDT COMPRE N
MU:B5H
|
Germany | €1.07 Billion |
|
Public Service Company of New Mexico PFD 4.58%
PINK:PNMXO
|
USA | $886.19 Million |
|
General Mills Inc
NYSE:GIS
|
USA | $32.55 Billion |
Newtek Business Services Corp. 5.50% Notes Due 2026 - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Newtek Business Services Corp. 5.50% Notes Due 2026 generates 0.18x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Newtek Business Services Corp. 5.50% Notes Due 2026 generates $ 3.29 in net profit.
Newtek Business Services Corp. 5.50% Notes Due 2026 - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 15.87 | 0.28 | 4.49 |
| Quick Ratio | 15.87 | -0.64 | 4.49 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $1.14 Billion | $ -152.51 Million | $ 61.16 Million |
Newtek Business Services Corp. 5.50% Notes Due 2026 - Advanced Valuation Insights
This section examines the relationship between Newtek Business Services Corp. 5.50% Notes Due 2026's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | - |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 43.9% |
| Total Assets | $1.44 Billion |
| Market Capitalization | $235.51K USD |
Valuation Analysis
Below Book Valuation: The market values Newtek Business Services Corp. 5.50% Notes Due 2026's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Newtek Business Services Corp. 5.50% Notes Due 2026's assets grew by 43.9% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Newtek Business Services Corp. 5.50% Notes Due 2026 (1999–2023)
The table below shows the annual total assets of Newtek Business Services Corp. 5.50% Notes Due 2026 from 1999 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $1.44 Billion | +43.85% |
| 2022-12-31 | $998.90 Million | -5.46% |
| 2021-12-31 | $1.06 Billion | +25.63% |
| 2020-12-31 | $840.98 Million | +5.46% |
| 2019-12-31 | $797.41 Million | +22.05% |
| 2018-12-31 | $653.34 Million | +25.74% |
| 2017-12-31 | $519.61 Million | +29.43% |
| 2016-12-31 | $401.45 Million | +12.93% |
| 2015-12-31 | $355.49 Million | +17.78% |
| 2014-12-31 | $301.83 Million | +51.97% |
| 2013-12-31 | $198.61 Million | +30.03% |
| 2012-12-31 | $152.74 Million | +15.70% |
| 2011-12-31 | $132.01 Million | -20.00% |
| 2010-12-31 | $165.01 Million | +21.26% |
| 2009-12-31 | $136.08 Million | -19.73% |
| 2008-12-31 | $169.53 Million | -22.17% |
| 2007-12-31 | $217.82 Million | -9.52% |
| 2006-12-31 | $240.74 Million | -9.16% |
| 2005-12-31 | $265.01 Million | +16.03% |
| 2004-12-31 | $228.40 Million | +18.84% |
| 2003-12-31 | $192.18 Million | +13.68% |
| 2002-12-31 | $169.05 Million | +102.79% |
| 2001-12-31 | $83.36 Million | -0.21% |
| 2000-12-31 | $83.54 Million | +52.88% |
| 1999-12-31 | $54.65 Million | -- |