Newpark Resources Selected Fundamentals

NR -- USA Stock  

USD 10.00  0.05  0.50%

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Current Ratio Analysis

Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Newpark Resources 
Current Ratio 
 = 
Current Asset 
Current Liabilities 
 = 
3.60 times

Current Ratio Over Time Pattern

 Newpark Resources Current Ratio 
      Timeline 

About Current Ratio

Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e. Current Ration of 2 to 1).
Compare to competition

Income

Newpark Resources Income Change Over Time

Accumulated Other Comprehensive Income

In accordance with recently published financial statements Newpark Resources has Current Ratio of 3.6 times. This is much higher than that of the Energy sector, and significantly higher than that of Oil and Gas Equipment and Services industry, The Current Ratio for all stocks is over 1000% lower than the firm.

Newpark Resources Fundamental Drivers Relationships

Newpark Resources is regarded fourth in shares owned by insiders category among related companies. It is regarded fifth in working capital category among related companies reporting about  138,025,362  of Working Capital per Shares Owned by Insiders.

Peer Comparison

Newpark Resources Cash and Equivalents Comparison

  Cash and Equivalents 
      Newpark Resources Comparables 
Newpark Resources is regarded third in cash and equivalents category among related companies.


 
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