National Cash And Short Term Investments vs Inventory Analysis

NPK Stock

USD 74.48 0.14 0.19%

National Presto financial indicator trend analysis is infinitely more than just investigating National Presto Indu recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether National Presto Indu is a good investment. Please check the relationship between National Presto Cash And Short Term Investments and its Inventory accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in National Presto 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 american community survey.

Cash And Short Term Investments vs Inventory

Cash And Short Term Investments vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of National Presto Indu Cash And Short Term Investments account and Inventory. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between National Presto's Cash And Short Term Investments and Inventory is -0.01. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Inventory in the same time period over historical financial statements of National Presto Industries, assuming nothing else is changed. The correlation between historical values of National Presto's Cash And Short Term Investments 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 Cash And Short Term Investments of National Presto 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 Cash And Short Term Investments i.e., National Presto's Cash And Short Term Investments and Inventory go up and down completely randomly.

Correlation Coefficient

-0.01

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of National Presto Indu balance sheet. This account contains National Presto investments that will expire within one year. These investments include stocks and bonds that can be liquidated by National Presto Industries fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Inventory

Most indicators from National Presto's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into National Presto Indu 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 National Presto 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 american community survey.

At this time, National Presto's Tax Provision is quite stable compared to the past year. Enterprise Value Over EBITDA is expected to rise to 22.77 this year, although the value of Issuance Of Capital Stock will most likely fall to about 401.3 K.

	2021	2022	2023	2024 (projected)
Gross Profit	64.4M	55.1M	65.8M	67.3M
Total Revenue	355.8M	321.6M	340.9M	267.0M

Gross Profit Total Revenue

National Presto fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Accounts Payable	Short Term Debt	Common Stock Total Equity	Short Term Investments	Common Stock
Total Assets		0.06	-0.52	0.67	0.98	0.37	0.48	0.97	-0.43	0.54	0.17	0.08	0.37	-0.09	0.17	0.62	0.33	-0.22	0.55	0.4	0.85	0.52	0.05	0.17	-0.38	0.17
Short Long Term Debt Total	0.06		0.12	0.22	-0.04	-0.28	-0.43	-0.12	0.5	-0.23	0.01	-0.06	-0.26	0.01	-0.08	0.56	-0.47	0.71	0.41	0.63	0.21	-0.06	-0.07	0.53	-0.38	0.53
Other Current Liab	-0.52	0.12		-0.04	-0.6	-0.3	-0.32	-0.61	0.31	-0.36	-0.23	-0.22	-0.33	0.12	-0.51	-0.24	-0.23	0.22	0.05	-0.15	-0.4	-0.18	-0.64	0.13	0.1	0.13
Total Current Liabilities	0.67	0.22	-0.04		0.5	0.33	0.32	0.51	-0.29	0.39	-0.19	-0.27	0.46	-0.18	-0.1	0.51	0.4	-0.23	0.96	0.48	0.55	0.86	-0.17	0.47	-0.53	0.47
Total Stockholder Equity	0.98	-0.04	-0.6	0.5		0.34	0.5	0.99	-0.46	0.52	0.25	0.17	0.32	-0.08	0.24	0.56	0.28	-0.22	0.36	0.3	0.84	0.38	0.12	0.06	-0.28	0.06
Property Plant And Equipment Net	0.37	-0.28	-0.3	0.33	0.34		0.56	0.41	-0.55	0.97	0.25	-0.71	0.76	-0.05	0.09	-0.02	0.67	-0.73	0.25	0.42	-0.16	0.51	-0.29	-0.14	-0.61	-0.14
Net Debt	0.48	-0.43	-0.32	0.32	0.5	0.56		0.56	-0.99	0.62	0.11	-0.33	0.75	-0.11	0.25	-0.01	0.43	-0.65	0.15	0.02	0.19	0.42	-0.07	-0.17	-0.04	-0.17
Retained Earnings	0.97	-0.12	-0.61	0.51	0.99	0.41	0.56		-0.52	0.57	0.23	0.12	0.39	-0.12	0.24	0.52	0.36	-0.32	0.36	0.29	0.8	0.43	0.1	0.02	-0.29	0.02
Cash	-0.43	0.5	0.31	-0.29	-0.46	-0.55	-0.99	-0.52		-0.59	-0.1	0.33	-0.75	0.23	-0.26	0.01	-0.45	0.67	-0.1	-0.01	-0.15	-0.4	0.05	0.15	0.03	0.15
Non Current Assets Total	0.54	-0.23	-0.36	0.39	0.52	0.97	0.62	0.57	-0.59		0.35	-0.64	0.73	-0.02	0.1	0.12	0.63	-0.65	0.31	0.44	0.02	0.49	-0.28	-0.1	-0.62	-0.1
Non Currrent Assets Other	0.17	0.01	-0.23	-0.19	0.25	0.25	0.11	0.23	-0.1	0.35		-0.13	-0.1	-0.08	0.35	0.31	-0.27	0.15	-0.23	0.24	-0.02	-0.37	-0.1	0.22	-0.23	0.22
Cash And Short Term Investments	0.08	-0.06	-0.22	-0.27	0.17	-0.71	-0.33	0.12	0.33	-0.64	-0.13		-0.61	0.18	0.29	-0.01	-0.36	0.34	-0.31	-0.49	0.49	-0.32	0.58	-0.1	0.69	-0.1
Net Receivables	0.37	-0.26	-0.33	0.46	0.32	0.76	0.75	0.39	-0.75	0.73	-0.1	-0.61		-0.22	0.05	-0.01	0.7	-0.74	0.36	0.31	-0.02	0.72	-0.18	-0.24	-0.43	-0.24
Common Stock Shares Outstanding	-0.09	0.01	0.12	-0.18	-0.08	-0.05	-0.11	-0.12	0.23	-0.02	-0.08	0.18	-0.22		0.0	-0.54	-0.08	-0.05	-0.1	-0.43	-0.09	-0.09	0.01	-0.43	0.37	-0.43
Non Current Liabilities Total	0.17	-0.08	-0.51	-0.1	0.24	0.09	0.25	0.24	-0.26	0.1	0.35	0.29	0.05	0.0		0.0	-0.19	-0.05	-0.22	0.0	0.14	-0.02	0.53	0.04	0.29	0.04
Inventory	0.62	0.56	-0.24	0.51	0.56	-0.02	-0.01	0.52	0.01	0.12	0.31	-0.01	-0.01	-0.54	0.0		-0.14	0.42	0.52	0.7	0.66	0.14	-0.05	0.71	-0.58	0.71
Other Current Assets	0.33	-0.47	-0.23	0.4	0.28	0.67	0.43	0.36	-0.45	0.63	-0.27	-0.36	0.7	-0.08	-0.19	-0.14		-0.78	0.34	0.06	0.0	0.67	-0.19	-0.23	-0.3	-0.23
Other Stockholder Equity	-0.22	0.71	0.22	-0.23	-0.22	-0.73	-0.65	-0.32	0.67	-0.65	0.15	0.34	-0.74	-0.05	-0.05	0.42	-0.78		-0.1	0.13	0.14	-0.58	0.15	0.49	0.09	0.49
Total Liab	0.55	0.41	0.05	0.96	0.36	0.25	0.15	0.36	-0.1	0.31	-0.23	-0.31	0.36	-0.1	-0.22	0.52	0.34	-0.1		0.54	0.47	0.8	-0.23	0.52	-0.58	0.52
Property Plant And Equipment Gross	0.4	0.63	-0.15	0.48	0.3	0.42	0.02	0.29	-0.01	0.44	0.24	-0.49	0.31	-0.43	0.0	0.7	0.06	0.13	0.54		0.19	0.31	-0.23	0.5	-0.85	0.5
Total Current Assets	0.85	0.21	-0.4	0.55	0.84	-0.16	0.19	0.8	-0.15	0.02	-0.02	0.49	-0.02	-0.09	0.14	0.66	0.0	0.14	0.47	0.19		0.32	0.24	0.26	-0.07	0.26
Accounts Payable	0.52	-0.06	-0.18	0.86	0.38	0.51	0.42	0.43	-0.4	0.49	-0.37	-0.32	0.72	-0.09	-0.02	0.14	0.67	-0.58	0.8	0.31	0.32		-0.07	0.08	-0.42	0.08
Short Term Debt	0.05	-0.07	-0.64	-0.17	0.12	-0.29	-0.07	0.1	0.05	-0.28	-0.1	0.58	-0.18	0.01	0.53	-0.05	-0.19	0.15	-0.23	-0.23	0.24	-0.07		-0.02	0.42	-0.02
Common Stock Total Equity	0.17	0.53	0.13	0.47	0.06	-0.14	-0.17	0.02	0.15	-0.1	0.22	-0.1	-0.24	-0.43	0.04	0.71	-0.23	0.49	0.52	0.5	0.26	0.08	-0.02		-0.36	1.0
Short Term Investments	-0.38	-0.38	0.1	-0.53	-0.28	-0.61	-0.04	-0.29	0.03	-0.62	-0.23	0.69	-0.43	0.37	0.29	-0.58	-0.3	0.09	-0.58	-0.85	-0.07	-0.42	0.42	-0.36		-0.36
Common Stock	0.17	0.53	0.13	0.47	0.06	-0.14	-0.17	0.02	0.15	-0.1	0.22	-0.1	-0.24	-0.43	0.04	0.71	-0.23	0.49	0.52	0.5	0.26	0.08	-0.02	1.0	-0.36

Click cells to compare fundamentals

National Presto Account Relationship Matchups

National Presto fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	410.3M	433.2M	420.4M	411.8M	443.3M	362.1M
Other Current Liab	15.3M	16.3M	17.6M	13.0M	19.8M	18.0M
Total Current Liabilities	39.3M	55.1M	53.2M	53.6M	72.0M	52.7M
Total Stockholder Equity	368.0M	374.3M	357.6M	348.1M	356.3M	305.3M
Property Plant And Equipment Net	40.8M	40.5M	46.9M	52.5M	49.9M	35.7M
Net Debt	(76.1M)	(82.7M)	(99.6M)	(60.0M)	(77.0M)	(80.8M)
Retained Earnings	362.8M	367.6M	349.2M	338.1M	344.2M	305.4M
Cash	79.6M	86.0M	109.8M	70.7M	87.7M	69.9M
Non Current Assets Total	72.4M	75.9M	72.3M	85.2M	83.2M	52.5M
Non Currrent Assets Other	4.8M	6.9M	2.9M	1.7M	5.8M	4.2M
Cash And Short Term Investments	158.3M	155.0M	144.0M	95.6M	114.1M	111.8M
Net Receivables	44.3M	56.5M	55.7M	73.3M	50.4M	60.1M
Common Stock Shares Outstanding	7.0M	7.0M	7.1M	7.1M	7.1M	5.7M
Liabilities And Stockholders Equity	410.3M	433.2M	420.4M	411.8M	443.3M	362.1M
Non Current Liabilities Total	3.0M	3.7M	9.6M	10.2M	15.0M	10.8M
Inventory	128.5M	135.5M	143.9M	152.1M	190.4M	199.9M
Other Current Assets	6.7M	10.2M	4.5M	5.7M	5.2M	5.0M
Other Stockholder Equity	(2.5M)	(874K)	964K	2.6M	4.5M	4.8M
Total Liab	42.3M	58.8M	62.8M	63.8M	87.1M	56.9M
Property Plant And Equipment Gross	40.8M	40.5M	135.3M	105.4M	117.7M	123.6M
Total Current Assets	337.8M	357.2M	348.1M	326.6M	360.1M	308.9M
Accumulated Other Comprehensive Income	136K	154K	20K	(103K)	22K	23.1K
Accounts Payable	21.7M	33.5M	32.8M	34.6M	37.9M	29.6M
Short Term Debt	520K	573K	546K	577K	678K	1.2M
Short Term Investments	78.7M	69.0M	34.2M	24.9M	26.5M	25.1M
Other Assets	13.2M	17.3M	7.5M	7.2M	1.0	0.95
Treasury Stock	(13.9M)	(13.3M)	(12.8M)	(12.2M)	(14.0M)	(14.7M)
Property Plant Equipment	37.3M	40.5M	73.4M	41.8M	48.1M	55.5M
Intangible Assets	3.1M	2.8M	2.6M	6.9M	5.3M	6.1M
Net Tangible Assets	349.6M	356.2M	339.7M	348.1M	400.3M	361.6M
Retained Earnings Total Equity	362.8M	367.6M	349.2M	338.1M	388.8M	379.5M
Capital Surpluse	11.4M	12.4M	13.7M	14.8M	17.0M	9.7M
Accumulated Depreciation	(56.7M)	59.4M	61.9M	63.6M	73.2M	76.8M
Long Term Investments	7.0M	7.2M	7.4M	7.6M	8.8M	6.3M

Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as National Presto Indu using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

Build Optimal Portfolios

Align your risk with return expectations

By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations

Fix portfolios for free

When determining whether National Presto Indu is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if National Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about National Presto Industries Stock. Highlighted below are key reports to facilitate an investment decision about National Presto Industries Stock:

How To Invest In National

Details

Is National Stock a good investment?

Details

What is National Presto's Net Worth?

Details

Largest Aerospace & Defense Companies

View

Largest Industrials Companies

View

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in National Presto 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 american community survey.

You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.

Complementary Tools for National Stock analysis

When running National Presto's price analysis, check to measure National Presto's 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 National Presto is operating at the current time. Most of National Presto's value examination focuses on studying past and present price action to predict the probability of National Presto's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move National Presto's price. Additionally, you may evaluate how the addition of National Presto to your portfolios can decrease your overall portfolio volatility.

	Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
	USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA
	Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios
	Insider Screener Find insiders across different sectors to evaluate their impact on performance
	AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities
	Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities
	Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas

Is National Presto'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 National Presto. If investors know National 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 National Presto 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

(0.26)

Dividend Share

Earnings Share

4.53

Revenue Per Share

47.413

Quarterly Revenue Growth

(0.05)

The market value of National Presto Indu is measured differently than its book value, which is the value of National that is recorded on the company's balance sheet. Investors also form their own opinion of National Presto's value that differs from its market value or its book value, called intrinsic value, which is National Presto'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 National Presto's market value can be influenced by many factors that don't directly affect National Presto'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 National Presto's value and its price as these two are different measures arrived at by different means. Investors typically determine if National Presto is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, National Presto'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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

National Cash And Short Term Investments vs Inventory Analysis

Cash And Short Term Investments vs Inventory

Cash And Short Term Investments vs Inventory Correlation Analysis

Correlation Coefficient

Cash And Short Term Investments

Inventory

National Presto fundamental ratios Correlations

National Presto Account Relationship Matchups

High Positive Relationship

High Negative Relationship

National Presto fundamental ratios Accounts

Becoming a Better Investor with Macroaxis

Build Optimal Portfolios

Align your risk with return expectations

Complementary Tools for National Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Common Stock	+ 1.0	Common Stock Total Equity
Retained Earnings	+ 0.99	Total Stockholder Equity
Total Stockholder Equity	+ 0.98	Total Assets
Retained Earnings	+ 0.97	Total Assets
Non Current Assets Total	+ 0.97	Property Plant And Equipment Net
Total Liab	+ 0.96	Total Current Liabilities

Cash	- 0.99	Net Debt
Short Term Investments	- 0.85	Property Plant And Equipment Gross
Other Stockholder Equity	- 0.78	Other Current Assets
Net Receivables	- 0.75	Cash
Other Stockholder Equity	- 0.74	Net Receivables
Other Stockholder Equity	- 0.73	Property Plant And Equipment Net