NEWTL
Price:
$24.9897
Market Cap:
$595.67M
NewtekOne, Inc. is a financial holding company, which engages in the provision of business and financial solutions. Its brands include Newtek Bank, Newtek Lending, Newtek Payments, Newtek Insurance, Newtek Payroll, and Newtek Technology. The company was founded by Barry Sloane in 1998 and is headquartered in Boca Raton, FL.
Industry
Asset Management
IPO Date
2019-07-31
Stock Exchange
NASDAQ
Ticker
NEWTL
According to Newtek Business Services Corp.’s latest financial reports and current stock price. The company's current Current Ratio is 0. This represents a change of -100.00% compared to the average of 0.17 of the last 4 quarters.
The mean historical Current Ratio of Newtek Business Services Corp. over the last ten years is 9.10. The current 0 Current Ratio has changed -100.00% with respect to the historical average. Over the past ten years (40 quarters), NEWTL's Current Ratio was at its highest in in the December 2020 quarter at 33.07. The Current Ratio was at its lowest in in the June 2025 quarter at 0.
Average
9.10
Median
4.11
Minimum
0.03
Maximum
33.07
Discovering the peaks and valleys of Newtek Business Services Corp. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 1.54%
Maximum Annual Current Ratio = 33.07
Minimum Annual Increase = -99.82%
Minimum Annual Current Ratio = 0.03
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 0.03 | -99.82% |
| 2023 | 15.87 | 1.54% |
| 2022 | 0.97 | -95.63% |
| 2021 | 22.18 | -32.94% |
| 2020 | 33.07 | 461.76% |
| 2019 | 5.89 | 243.85% |
| 2018 | 1.71 | -44.52% |
| 2017 | 3.09 | -1.65% |
| 2016 | 3.14 | -38.21% |
| 2015 | 5.08 | 4.88% |
The current Current Ratio of Newtek Business Services Corp. (NEWTL) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
5.62
5-year avg
14.43
10-year avg
9.10
Newtek Business Services Corp.’s Current Ratio is less than Kayne Anderson NextGen Energy & Infrastructure, Inc. (0), less than TriplePoint Venture Growth BDC Corp. (0), less than Bridge Investment Group Holdings Inc. (0.36), less than BlackRock Capital Investment Corporation (1.55M), less than dMY Technology Group, Inc. VI (0.05), less than Sound Point Acquisition Corp I, Ltd (105.58), less than VPC Impact Acquisition Holdings II (0.07), less than Silvergate Capital Corporation (1.47), less than Crescera Capital Acquisition Corp. (2.84), less than First Republic Bank (0.03),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0 | $316.93M | |
| 0 | $253.64M | |
| 0.36 | $329.77M | |
| 1.55M | $267.06M | |
| 0.05 | $317.54M | |
| 105.58 | $343.49M | |
| 0.07 | $328.68M | |
| 1.47 | $315.09M | |
| 2.84 | $290.34M | |
| 0.03 | $653.63M |
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