NL Industries Common Stock Shares Outstanding vs Inventory Analysis
NL Stock | USD 8.61 0.06 0.69% |
NL Industries financial indicator trend analysis is infinitely more than just investigating NL Industries recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether NL Industries is a good investment. Please check the relationship between NL Industries Common Stock Shares Outstanding and its Inventory accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NL Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. For more information on how to buy NL Industries Stock please use our How to buy in NL Industries Stock guide.
Common Stock Shares Outstanding vs Inventory
Common Stock Shares Outstanding vs Inventory Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NL Industries Common Stock Shares Outstanding account and Inventory. At this time, the significance of the direction appears to have very strong relationship.
The correlation between NL Industries' Common Stock Shares Outstanding and Inventory is 0.8. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Inventory in the same time period over historical financial statements of NL Industries, assuming nothing else is changed. The correlation between historical values of NL Industries' Common Stock Shares Outstanding and Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of NL Industries are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Common Stock Shares Outstanding i.e., NL Industries' Common Stock Shares Outstanding and Inventory go up and down completely randomly.
Correlation Coefficient | 0.8 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.Inventory
Most indicators from NL Industries' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into NL Industries current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NL Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. For more information on how to buy NL Industries Stock please use our How to buy in NL Industries Stock guide.Enterprise Value is expected to rise to about 1 B this year, although the value of Selling General Administrative will most likely fall to about 23.9 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 42.7M | 48.8M | 48.6M | 46.2M | Total Revenue | 140.8M | 166.6M | 161.3M | 153.2M |
NL Industries fundamental ratios Correlations
Click cells to compare fundamentals
NL Industries Account Relationship Matchups
High Positive Relationship
High Negative Relationship
NL Industries fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 557.5M | 548.2M | 596.2M | 609.9M | 600.2M | 704.5M | |
Other Current Liab | 26.4M | 24.9M | 27.2M | 28.5M | 26.7M | 35.6M | |
Total Current Liabilities | 29.8M | 27.5M | 30.6M | 32.1M | 30.4M | 28.9M | |
Total Stockholder Equity | 304.5M | 311.9M | 362.5M | 382.2M | 369.8M | 388.3M | |
Property Plant And Equipment Net | 31.0M | 29.0M | 29.2M | 28.7M | 25.9M | 24.6M | |
Net Debt | (129.2M) | (136.5M) | (146.5M) | (68.4M) | (113.9M) | (108.2M) | |
Retained Earnings | 251M | 257.9M | 297.4M | 300.4M | 284.5M | 298.7M | |
Cash | 129.7M | 137.0M | 147.0M | 68.9M | 114.4M | 85.1M | |
Non Current Assets Total | 392.8M | 377.0M | 402.5M | 415.9M | 381.9M | 439.8M | |
Non Currrent Assets Other | 27.0M | 26.9M | 26.9M | (8.6M) | 2.1M | 2.0M | |
Cash And Short Term Investments | 129.7M | 137.0M | 147.0M | 139.0M | 167.6M | 89.2M | |
Net Receivables | 12.5M | 11.5M | 15.6M | 18.5M | 17.7M | 16.8M | |
Common Stock Shares Outstanding | 48.7M | 48.8M | 48.8M | 48.8M | 48.8M | 40.8M | |
Liabilities And Stockholders Equity | 557.5M | 548.2M | 596.2M | 609.9M | 600.2M | 704.5M | |
Non Current Liabilities Total | 200.5M | 185.3M | 180.6M | 175.1M | 178.0M | 169.1M | |
Inventory | 18.3M | 18.3M | 25.6M | 31.3M | 30.7M | 29.2M | |
Other Current Assets | 4.1M | 4.3M | 5.4M | 2.3M | 2.2M | 2.1M | |
Other Stockholder Equity | 299.1M | 299.1M | 299.8M | 298.6M | 298.9M | 368.4M | |
Total Liab | 230.3M | 212.8M | 211.2M | 207.1M | 208.4M | 198.0M | |
Property Plant And Equipment Gross | 31.0M | 29.0M | 100.9M | 103.4M | 103.6M | 190.0M | |
Total Current Assets | 164.7M | 171.2M | 193.6M | 194.0M | 218.3M | 264.7M | |
Accumulated Other Comprehensive Income | (251.7M) | (251.2M) | (240.8M) | (223.0M) | (219.6M) | (230.6M) | |
Accounts Payable | 3.4M | 2.6M | 3.4M | 3.5M | 3.8M | 3.6M | |
Common Stock | 6.1M | 6.1M | 6.1M | 6.1M | 6.1M | 6.7M | |
Common Stock Total Equity | 6.1M | 6.1M | 6.1M | 6.1M | 5.5M | 5.2M | |
Other Liab | 200.0M | 184.8M | 180.1M | 174.6M | 200.8M | 137.5M | |
Other Assets | 86.3M | 302.7M | 28.2M | 28.3M | 32.5M | 47.2M | |
Short Term Investments | 4.0M | 0.0 | 18.2M | 70.2M | 53.1M | 55.8M | |
Property Plant Equipment | 31.0M | 29.0M | 29.2M | 28.7M | 25.8M | 24.5M | |
Net Tangible Assets | 277.4M | 284.7M | 335.3M | 355.0M | 408.2M | 306.5M | |
Noncontrolling Interest In Consolidated Entity | 22.7M | 23.5M | 22.5M | 20.6M | 18.5M | 17.6M | |
Retained Earnings Total Equity | 251M | 257.9M | 297.4M | 300.4M | 345.5M | 224.4M |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards NL Industries in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, NL Industries' short interest history, or implied volatility extrapolated from NL Industries options trading.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NL Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. For more information on how to buy NL Industries Stock please use our How to buy in NL Industries Stock guide.You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Complementary Tools for NL Industries Stock analysis
When running NL Industries' price analysis, check to measure NL Industries' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy NL Industries is operating at the current time. Most of NL Industries' value examination focuses on studying past and present price action to predict the probability of NL Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NL Industries' price. Additionally, you may evaluate how the addition of NL Industries to your portfolios can decrease your overall portfolio volatility.
Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
FinTech Suite Use AI to screen and filter profitable investment opportunities | |
Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
Global Correlations Find global opportunities by holding instruments from different markets | |
ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites |
Is NL Industries' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of NL Industries. If investors know NL Industries will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about NL Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1.382 | Dividend Share 0.28 | Earnings Share (0.05) | Revenue Per Share 3.303 | Quarterly Revenue Growth 0.08 |
The market value of NL Industries is measured differently than its book value, which is the value of NL Industries that is recorded on the company's balance sheet. Investors also form their own opinion of NL Industries' value that differs from its market value or its book value, called intrinsic value, which is NL Industries' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because NL Industries' market value can be influenced by many factors that don't directly affect NL Industries' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between NL Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if NL Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NL Industries' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.