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NewtekOne (NAS:NEWT) Cash-to-Debt

: 0.10 (As of Dec. 2022)
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Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. NewtekOne's cash to debt ratio for the quarter that ended in Dec. 2022 was 0.10.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, NewtekOne couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2022.

The historical rank and industry rank for NewtekOne's Cash-to-Debt or its related term are showing as below:

NEWT' s Cash-to-Debt Range Over the Past 10 Years
Min: 0   Med: 0.18   Max: 0.65
Current: 0.1

During the past 13 years, NewtekOne's highest Cash to Debt Ratio was 0.65. The lowest was 0.00. And the median was 0.18.

NEWT's Cash-to-Debt is ranked worse than
84.32% of 1467 companies
in the Asset Management industry
Industry Median: 14.91 vs NEWT: 0.10

NewtekOne Cash-to-Debt Historical Data

The historical data trend for NewtekOne's Cash-to-Debt can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

NewtekOne Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cash-to-Debt
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.01 - 0.01 0.01 0.10

NewtekOne Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
Cash-to-Debt Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.01 0.01 0.01 0.01 0.10

Competitive Comparison

For the Asset Management subindustry, NewtekOne's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

   

NewtekOne Cash-to-Debt Distribution

For the Asset Management industry and Financial Services sector, NewtekOne's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where NewtekOne's Cash-to-Debt falls in comparison to its industry or sector. The grey bar indicates the Cash-to-Debt's extreme value range as defined by GuruFocus.



NewtekOne Cash-to-Debt Calculation

This is the ratio of a company's Balance Sheet Cash And Cash Equivalents to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

NewtekOne's Cash to Debt Ratio for the fiscal year that ended in Dec. 2022 is calculated as:

NewtekOne's Cash to Debt Ratio for the quarter that ended in Dec. 2022 is calculated as:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


NewtekOne  (NAS:NEWT) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.


NewtekOne Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of NewtekOne's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.


NewtekOne (NAS:NEWT) Business Description

NewtekOne logo
Traded in Other Exchanges
Address
4800 T Rex Avenue, Suite 120, Boca Raton, FL, USA, 33431
NewtekOne Inc, formerly Newtek Business Services Corp is a non-diversified closed-end management investment company. The firm's investment objective is to generate current income and capital appreciation. The company provides business solutions that are designed to help organizations to grow sales, reduce costs, and minimize risk. Its solutions include web design, domains, hosting, website security, and others.
Executives
Fernando Perez-hickman director 200 WEST CONGRESS STREET, LAFAYETTE LA 70501
Halli Razon-feingold director 4800 T-REX AVENUE, SUITE 120, BOCA RATON FL 33019
Nicolas Young officer: Chief Risk Officer 200 WEST CONGRESS STREET, LAFAYETTE LA 70501
Nicholas J Leger officer: Chief Accounting Officer 348 ALFRED STREET, NORTH BABYLON NY 11703
Christopher Towers officer: Chief Accounting Officer 1981 MARCUS AVENUE, SUITE 130, LAKE SUCCESS NY 11042
Gregory L Zink director 1981 MARCUS AVENUE, SUITE 130, LAKE SUCCESS NY 11042
Nilesh Joshi officer: Chief Information Officer 5617 W. MOLLY LANE, PHOENIX AZ 85083
Dean Choksi officer: Treasurer 212 WEST 35TH STREET, FLOOR 2, NEW YORK NY 10001
John Raven officer: Chief Info. Security Officer
Richard J Salute director P O BOX 306, WOODBURY NY 11797
Michael Adam Schwartz officer: Chief Legal Officer, Secretary C/O NEWTEK BUSINESS SERVICES INC, 462 SEVENTH AVENUE, 14TH FLOOR, NEW YORK NY 10018
Barry Sloane director, officer: CEO and President
Peter Mathison Downs director 1440 PINEACRES BLVD, BAY SHORE NY 11706
Salvatore Francis Mulia director 4 WHITNEY STREET EXTENSION, WESTPORT CT 06880
Jennifer Catherine Eddelson officer: Principal Financial Officer 60 HEMPSTEAD AVENUE, 6TH FLOOR, WEST HEMPSTEAD NY 11552

NewtekOne (NAS:NEWT) Headlines

Other Sources

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