Northway Financial Inc
Northway Financial, Inc. operates as the bank holding company for Northway Bank, provides various financial products and services in New Hampshire. The company offers checking, savings, money market, individual retirement, and municipal deposit accounts; certificates of deposit (CD); and debit and credit cards. It also provides mortgages; home equity loans; automobile, ATV, boat, and recreational… Read more
Northway Financial Inc (NWYF) - Total Assets
Latest total assets as of March 2022: $1.23 Billion USD
Based on the latest financial reports, Northway Financial Inc (NWYF) holds total assets worth $1.23 Billion USD as of March 2022.
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.
Northway Financial Inc - Total Assets Trend (2000–2023)
This chart illustrates how Northway Financial Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Northway Financial Inc - Asset Composition Analysis
Current Asset Composition (December 2023)
Northway Financial Inc's total assets of $1.23 Billion consist of 0.0% current assets and 0.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 5.0% |
| Accounts Receivable | $0.00 | 0.0% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $9.93 Million | 0.8% |
Asset Composition Trend (2000–2023)
This chart illustrates how Northway Financial Inc'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: Northway Financial Inc's current assets represent 0.0% of total assets in 2023, unchanged from 0.0% in 2000.
- Cash Position: Cash and equivalents constituted 5.0% of total assets in 2023, up from 3.2% in 2000.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2000.
- Asset Diversification: The largest asset category is goodwill at 0.8% of total assets.
Northway Financial Inc Competitors by Total Assets
Key competitors of Northway Financial Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Ping An Bank Co Ltd
SHE:000001
|
China | CN¥5.77 Trillion |
|
Bank of Ningbo Co Ltd
SHE:002142
|
China | CN¥3.58 Trillion |
|
Bank of Zhengzhou Co Ltd Class A
SHE:002936
|
China | CN¥743.55 Billion |
|
Qingdao Rural Commercial Bank Corp Class A
SHE:002958
|
China | CN¥509.92 Billion |
|
Bank of Suzhou
SHE:002966
|
China | CN¥776.04 Billion |
|
Jeju Bank
KO:006220
|
Korea | ₩7.72 Trillion |
|
Industrial Bank Of Korea
KO:024110
|
Korea | ₩490.11 Trillion |
|
Hana Financial
KO:086790
|
Korea | ₩659.08 Trillion |
Northway Financial Inc - 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 - Northway Financial Inc generates 0.03x 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, Northway Financial Inc generates $ 0.45 in net profit.
Northway Financial Inc - 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 | 0.02 | 0.09 | 0.02 |
| Quick Ratio | 0.02 | 0.09 | 0.02 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-1.11 Billion | $ -1.02 Billion | $ -729.18 Million |
Northway Financial Inc - Advanced Valuation Insights
This section examines the relationship between Northway Financial Inc'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 | 1.33 |
| Latest Market Cap to Assets Ratio | 0.08 |
| Asset Growth Rate (YoY) | -0.9% |
| Total Assets | $1.29 Billion |
| Market Capitalization | $96.92 Million USD |
Valuation Analysis
Below Book Valuation: The market values Northway Financial Inc's assets below their book value (0.08 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Northway Financial Inc's assets decreased by 0.9% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Northway Financial Inc (2000–2023)
The table below shows the annual total assets of Northway Financial Inc from 2000 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $1.29 Billion | -0.93% |
| 2022-12-31 | $1.30 Billion | +4.42% |
| 2021-12-31 | $1.25 Billion | +11.32% |
| 2020-12-31 | $1.12 Billion | +22.21% |
| 2019-12-31 | $917.00 Million | -1.07% |
| 2018-12-31 | $926.90 Million | +4.84% |
| 2017-12-31 | $884.08 Million | -0.62% |
| 2016-12-31 | $889.60 Million | -4.71% |
| 2015-12-31 | $933.60 Million | +0.85% |
| 2014-12-31 | $925.71 Million | +3.05% |
| 2013-12-31 | $898.33 Million | +2.83% |
| 2012-12-31 | $873.63 Million | +6.47% |
| 2011-12-31 | $820.54 Million | -1.37% |
| 2010-12-31 | $831.97 Million | +3.05% |
| 2009-12-31 | $807.36 Million | +17.22% |
| 2007-12-31 | $688.77 Million | +5.82% |
| 2006-12-31 | $650.88 Million | +2.87% |
| 2005-12-31 | $632.73 Million | -0.89% |
| 2004-12-31 | $638.42 Million | +4.79% |
| 2003-12-31 | $609.22 Million | +1.82% |
| 2002-12-31 | $598.32 Million | +16.42% |
| 2001-12-31 | $513.94 Million | +5.94% |
| 2000-12-31 | $485.14 Million | -- |