National Total Current Liabilities vs Cash 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 Total Current Liabilities and its Cash 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.
Total Current Liabilities vs Cash
Total Current Liabilities vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of National Presto Indu Total Current Liabilities account and Cash. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between National Presto's Total Current Liabilities and Cash is -0.29. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Cash 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 Total Current Liabilities and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of National Presto Industries are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Total Current Liabilities i.e., National Presto's Total Current Liabilities and Cash go up and down completely randomly.
Correlation Coefficient | -0.29 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Total Current Liabilities
Total Current Liabilities is an item on National Presto balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of National Presto Industries are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Cash
Cash refers to the most liquid asset of National Presto Indu, which is listed under current asset account on National Presto Industries balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from National Presto customers. The amounts must be unrestricted with restricted cash listed in a different National Presto account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.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 |
National Presto fundamental ratios Correlations
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National Presto Account Relationship Matchups
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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 |
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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 Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
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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 1 | 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.