Navios Net Income From Continuing Ops vs Other Operating Expenses Analysis

NMM Stock  USD 44.71  0.76  1.73%   
Navios Maritime financial indicator trend analysis is infinitely more than just investigating Navios Maritime Partners recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Navios Maritime Partners is a good investment. Please check the relationship between Navios Maritime Net Income From Continuing Ops and its Other Operating Expenses accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Navios Maritime Partners. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.

Net Income From Continuing Ops vs Other Operating Expenses

Net Income From Continuing Ops vs Other Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Navios Maritime Partners Net Income From Continuing Ops account and Other Operating Expenses. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Navios Maritime's Net Income From Continuing Ops and Other Operating Expenses is 0.85. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Other Operating Expenses in the same time period over historical financial statements of Navios Maritime Partners, assuming nothing else is changed. The correlation between historical values of Navios Maritime's Net Income From Continuing Ops and Other Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income From Continuing Ops of Navios Maritime Partners are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Net Income From Continuing Ops i.e., Navios Maritime's Net Income From Continuing Ops and Other Operating Expenses go up and down completely randomly.

Correlation Coefficient

0.85
Relationship DirectionPositive 
Relationship StrengthStrong

Net Income From Continuing Ops

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Navios Maritime Partners. It is also known as Navios Maritime overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most indicators from Navios Maritime's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Navios Maritime Partners 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 Navios Maritime Partners. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
At this time, Navios Maritime's Selling General Administrative is very stable compared to the past year. As of the 29th of April 2024, Enterprise Value is likely to grow to about 2.9 B, while Issuance Of Capital Stock is likely to drop 0.00.
 2021 2022 2023 2024 (projected)
Interest Expense42.8M83.1M133.6M140.3M
Depreciation And Amortization112.4M205.7M270.1M283.6M

Navios Maritime fundamental ratios Correlations

0.950.620.961.00.971.00.930.940.991.00.860.230.570.770.981.00.840.390.811.00.990.980.970.071.0
0.950.340.840.960.910.950.961.00.920.940.70.060.460.630.940.930.790.470.840.920.950.960.960.010.97
0.620.340.770.560.620.60.380.320.640.630.850.490.510.680.570.650.530.10.340.680.580.510.490.150.56
0.960.840.770.940.960.960.870.830.970.970.940.330.570.810.940.970.840.310.730.980.950.920.930.10.95
1.00.960.560.940.961.00.950.960.991.00.820.190.540.760.980.990.850.40.820.981.00.990.970.071.0
0.970.910.620.960.960.970.910.90.970.970.860.350.610.710.950.970.850.340.70.980.970.960.970.110.96
1.00.950.60.961.00.970.930.940.991.00.850.230.570.760.981.00.830.410.810.990.990.980.970.051.0
0.930.960.380.870.950.910.930.950.920.930.720.040.40.720.930.910.830.340.830.90.950.960.960.030.95
0.941.00.320.830.960.90.940.950.910.940.690.040.440.620.930.920.780.480.850.910.940.950.95-0.010.96
0.990.920.640.970.990.970.990.920.910.990.870.240.540.80.980.990.850.370.780.990.980.980.970.040.99
1.00.940.630.971.00.971.00.930.940.990.870.240.570.770.981.00.840.390.81.00.990.980.960.071.0
0.860.70.850.940.820.860.850.720.690.870.870.360.470.770.830.880.70.380.670.90.830.780.80.020.84
0.230.060.490.330.190.350.230.040.040.240.240.360.760.20.220.270.06-0.11-0.320.290.20.130.20.020.17
0.570.460.510.570.540.610.570.40.440.540.570.470.760.40.490.60.33-0.160.120.590.560.490.510.230.52
0.770.630.680.810.760.710.760.720.620.80.770.770.20.40.780.770.570.070.630.780.760.750.71-0.190.76
0.980.940.570.940.980.950.980.930.930.980.980.830.220.490.780.970.820.480.770.970.970.970.96-0.060.98
1.00.930.650.970.990.971.00.910.920.991.00.880.270.60.770.970.810.40.791.00.990.970.950.060.99
0.840.790.530.840.850.850.830.830.780.850.840.70.060.330.570.820.810.320.730.820.870.860.860.350.84
0.390.470.10.310.40.340.410.340.480.370.390.38-0.11-0.160.070.480.40.320.420.380.360.380.37-0.280.43
0.810.840.340.730.820.70.810.830.850.780.80.67-0.320.120.630.770.790.730.420.780.820.820.790.080.84
1.00.920.680.980.980.980.990.90.910.991.00.90.290.590.780.971.00.820.380.780.980.960.950.070.99
0.990.950.580.951.00.970.990.950.940.980.990.830.20.560.760.970.990.870.360.820.980.980.970.140.99
0.980.960.510.920.990.960.980.960.950.980.980.780.130.490.750.970.970.860.380.820.960.980.970.070.98
0.970.960.490.930.970.970.970.960.950.970.960.80.20.510.710.960.950.860.370.790.950.970.970.050.97
0.070.010.150.10.070.110.050.03-0.010.040.070.020.020.23-0.19-0.060.060.35-0.280.080.070.140.070.050.04
1.00.970.560.951.00.961.00.950.960.991.00.840.170.520.760.980.990.840.430.840.990.990.980.970.04
Click cells to compare fundamentals

Navios Maritime Account Relationship Matchups

Navios Maritime fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.3B1.2B3.6B4.9B5.1B5.4B
Short Long Term Debt Total414.6M486.9M1.1B1.2B2.1B2.2B
Other Current Liab13.4M36.5M163.0M339.5M55.6M30.6M
Total Current Liabilities79.8M51.4M395.5M617.7M459.6M482.6M
Total Stockholder Equity728.0M654.8M1.8B2.3B2.7B2.9B
Other Liab4.4M3.3M2.2M351.5M404.2M424.4M
Property Plant And Equipment Net1.1B1.0B3.1B4.1B4.4B4.7B
Current Deferred Revenue4.5M1.1M23.9M38.9M63.3M66.5M
Net Debt391.3M456.1M898.1M1.0B1.9B2.0B
Accounts Payable6.9M3.2M17.4M25.4M25.5M26.8M
Non Current Assets Total1.2B1.1B3.4B4.6B4.7B5.0B
Non Currrent Assets Other8.2M105.4M199.6M406.2M208.0M218.4M
Other Assets72.1M63.9M544.4M146.1M1.00.95
Long Term Debt346.5M45.1M1.4B689.7M751.8M450.4M
Net Receivables35.1M3.6M29.3M87.7M50.7M53.3M
Common Stock Shares Outstanding10.8M11.2M22.7M30.2M34.7M36.4M
Liabilities And Stockholders Equity525.5M552.4M1.8B2.6B5.1B5.4B
Non Current Liabilities Total445.7M501.0M1.5B1.9B1.9B2.0B
Inventory6.3M4.5M21.1M32.7M37.6M39.4M
Other Current Assets3.8M30.1M3.7M6.1M15.3M16.0M
Other Stockholder Equity728.0M654.8M(53.8M)2.3B2.7B2.8B
Total Liab525.5M552.4M1.9B2.6B2.4B2.5B
Total Current Assets76.0M60.8M226.3M310.4M399.7M419.7M
Short Term Debt55.0M10.6M191.1M214.0M315.2M330.9M
Intangible Assets3.2M2M100.4M78.7M60.4M53.6M
Property Plant Equipment1.1B1.1B2.9B4.1B4.7B5.0B
Cash23.4M30.7M159.5M157.8M249.2M261.6M
Cash And Short Term Investments23.4M30.7M159.5M157.8M296.2M311.0M
Accumulated Other Comprehensive Income(321.1M)(317.0M)(308.5M)(273.6M)(246.2M)(258.6M)
Net Tangible Assets772.4M724.9M652.8M1.8B2.0B2.1B
Deferred Long Term Liab10.8M26.5M37.0M69.9M80.4M84.4M
Short Long Term Debt54.0M10.6M172.8M174.1M146.3M91.4M
Common Stock728.0M654.8M1.8B2.3B2.7B2.9B
Long Term Debt Total429.2M285.0M1.4B1.6B1.8B1.9B
Non Current Liabilities Other82.8M154.3M465.6M923.9M861.2M904.3M
Net Invested Capital1.1B1.1B2.6B3.2B3.7B2.2B
Net Working Capital(3.8M)(192.5M)(169.2M)(307.3M)(59.9M)(62.8M)

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When determining whether Navios Maritime Partners is a strong investment it is important to analyze Navios Maritime's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Navios Maritime's future performance. For an informed investment choice regarding Navios Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Navios Maritime Partners. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.

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Is Navios Maritime's 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 Navios Maritime. If investors know Navios 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 Navios Maritime 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
0.12
Dividend Share
0.2
Earnings Share
14.08
Revenue Per Share
42.422
Quarterly Revenue Growth
(0.12)
The market value of Navios Maritime Partners is measured differently than its book value, which is the value of Navios that is recorded on the company's balance sheet. Investors also form their own opinion of Navios Maritime's value that differs from its market value or its book value, called intrinsic value, which is Navios Maritime's 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 Navios Maritime's market value can be influenced by many factors that don't directly affect Navios Maritime's 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 Navios Maritime's value and its price as these two are different measures arrived at by different means. Investors typically determine if Navios Maritime is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Navios Maritime's 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.