Newpark Enterprise Value vs Tangible Asset Value Analysis

NR Stock

USD 7.28 0.02 0.27%

Newpark Resources financial indicator trend analysis is infinitely more than just investigating Newpark Resources recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Newpark Resources is a good investment. Please check the relationship between Newpark Resources Enterprise Value and its Tangible Asset Value accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Newpark Resources. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.

To learn how to invest in Newpark Stock, please use our How to Invest in Newpark Resources guide.

Enterprise Value vs Tangible Asset Value

Enterprise Value vs Tangible Asset Value Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Newpark Resources Enterprise Value account and Tangible Asset Value. At this time, the significance of the direction appears to have no relationship.

The correlation between Newpark Resources' Enterprise Value and Tangible Asset Value is 0.0. Overlapping area represents the amount of variation of Enterprise Value that can explain the historical movement of Tangible Asset Value in the same time period over historical financial statements of Newpark Resources, assuming nothing else is changed. The correlation between historical values of Newpark Resources' Enterprise Value and Tangible Asset Value is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Enterprise Value of Newpark Resources are associated (or correlated) with its Tangible Asset Value. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Tangible Asset Value has no effect on the direction of Enterprise Value i.e., Newpark Resources' Enterprise Value and Tangible Asset Value go up and down completely randomly.

Correlation Coefficient

0.0

Relationship Direction	Flat
Relationship Strength	Insignificant

View All Relationships

Enterprise Value

Enterprise Value (or EV) is usually referred to as Newpark Resources theoretical takeover price. In the event of an acquisition, an acquirer would have to take on Newpark Resources debt, but would also pocket its cash. Enterprise Value is more accurate representation of Newpark Resources value than its market capitalization because it takes into account all of Newpark Resources existing debt. A measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization that includes the market capitalization, plus total debt, minority interest and preferred shares, minus total cash and cash equivalents.

Tangible Asset Value

The total value of a company's physical, tangible assets, excluding intangible assets like patents and trademarks.

Most indicators from Newpark Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Newpark Resources 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 Newpark Resources. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.

To learn how to invest in Newpark Stock, please use our How to Invest in Newpark Resources guide.At this time, Newpark Resources' Tax Provision is relatively stable compared to the past year. As of 04/18/2024, Enterprise Value Over EBITDA is likely to grow to 12.43, though Discontinued Operations is likely to grow to (14.8 M).

	2021	2022	2023	2024 (projected)
Gross Profit	85.2M	121.5M	138.5M	89.2M
Total Revenue	614.8M	815.6M	749.6M	549.7M

Gross Profit Total Revenue

Newpark Resources 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	Non Current Assets Total	Non Currrent Assets Other	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	Short Term Debt	Intangible Assets	Accounts Payable	Cash	Cash And Short Term Investments	Common Stock Total Equity	Common Stock
Total Assets		0.89	0.31	0.84	0.98	0.85	0.69	0.81	0.94	0.23	0.91	0.9	0.84	0.97	0.78	0.77	0.95	0.3	0.98	-0.2	0.52	0.9	0.61	0.61	0.42	0.56
Short Long Term Debt Total	0.89		0.22	0.63	0.77	0.65	0.81	0.65	0.78	0.23	0.87	0.8	0.96	0.85	0.75	0.57	0.97	0.2	0.9	-0.3	0.61	0.84	0.51	0.51	0.14	0.29
Other Current Liab	0.31	0.22		0.3	0.32	0.35	0.05	0.1	0.35	-0.53	0.27	0.34	0.21	0.28	-0.17	0.46	0.27	0.76	0.26	-0.26	0.33	0.34	0.07	0.07	0.63	0.61
Total Current Liabilities	0.84	0.63	0.3		0.86	0.78	0.53	0.6	0.81	0.2	0.78	0.83	0.5	0.81	0.55	0.82	0.74	0.28	0.81	0.22	0.31	0.78	0.48	0.48	0.57	0.68
Total Stockholder Equity	0.98	0.77	0.32	0.86		0.92	0.56	0.83	0.96	0.21	0.83	0.86	0.71	0.95	0.74	0.81	0.86	0.36	0.93	-0.08	0.43	0.82	0.64	0.64	0.51	0.65
Property Plant And Equipment Net	0.85	0.65	0.35	0.78	0.92		0.42	0.73	0.94	0.19	0.59	0.68	0.54	0.84	0.57	0.86	0.69	0.44	0.75	0.08	0.41	0.6	0.6	0.6	0.57	0.73
Net Debt	0.69	0.81	0.05	0.53	0.56	0.42		0.3	0.6	0.41	0.79	0.75	0.81	0.75	0.55	0.52	0.82	-0.12	0.71	-0.35	0.65	0.79	0.04	0.04	0.08	0.2
Retained Earnings	0.81	0.65	0.1	0.6	0.83	0.73	0.3		0.73	0.33	0.65	0.52	0.63	0.74	0.74	0.4	0.7	0.14	0.8	-0.1	0.13	0.61	0.87	0.87	0.15	0.26
Non Current Assets Total	0.94	0.78	0.35	0.81	0.96	0.94	0.6	0.73		0.14	0.75	0.85	0.71	0.92	0.66	0.86	0.84	0.44	0.85	-0.08	0.62	0.76	0.51	0.51	0.54	0.7
Non Currrent Assets Other	0.23	0.23	-0.53	0.2	0.21	0.19	0.41	0.33	0.14		0.28	0.05	0.23	0.25	0.4	0.08	0.25	-0.79	0.28	0.05	-0.12	0.21	0.18	0.18	-0.46	-0.27
Net Receivables	0.91	0.87	0.27	0.78	0.83	0.59	0.79	0.65	0.75	0.28		0.89	0.87	0.88	0.73	0.62	0.95	0.1	0.96	-0.34	0.45	0.96	0.45	0.45	0.24	0.36
Common Stock Shares Outstanding	0.9	0.8	0.34	0.83	0.86	0.68	0.75	0.52	0.85	0.05	0.89		0.76	0.9	0.67	0.79	0.88	0.35	0.87	-0.18	0.61	0.9	0.29	0.29	0.51	0.61
Non Current Liabilities Total	0.84	0.96	0.21	0.5	0.71	0.54	0.81	0.63	0.71	0.23	0.87	0.76		0.82	0.75	0.46	0.95	0.12	0.88	-0.54	0.62	0.85	0.45	0.45	0.07	0.19
Inventory	0.97	0.85	0.28	0.81	0.95	0.84	0.75	0.74	0.92	0.25	0.88	0.9	0.82		0.73	0.79	0.92	0.27	0.95	-0.24	0.54	0.9	0.52	0.52	0.48	0.6
Other Current Assets	0.78	0.75	-0.17	0.55	0.74	0.57	0.55	0.74	0.66	0.4	0.73	0.67	0.75	0.73		0.39	0.77	-0.07	0.81	-0.2	0.26	0.65	0.67	0.67	0.01	0.11
Other Stockholder Equity	0.77	0.57	0.46	0.82	0.81	0.86	0.52	0.4	0.86	0.08	0.62	0.79	0.46	0.79	0.39		0.65	0.46	0.66	0.05	0.53	0.67	0.23	0.23	0.72	0.88
Total Liab	0.95	0.97	0.27	0.74	0.86	0.69	0.82	0.7	0.84	0.25	0.95	0.88	0.95	0.92	0.77	0.65		0.19	0.97	-0.34	0.59	0.94	0.52	0.52	0.26	0.39
Property Plant And Equipment Gross	0.3	0.2	0.76	0.28	0.36	0.44	-0.12	0.14	0.44	-0.79	0.1	0.35	0.12	0.27	-0.07	0.46	0.19		0.19	0.01	0.36	0.17	0.19	0.19	0.75	0.69
Total Current Assets	0.98	0.9	0.26	0.81	0.93	0.75	0.71	0.8	0.85	0.28	0.96	0.87	0.88	0.95	0.81	0.66	0.97	0.19		-0.26	0.42	0.93	0.64	0.64	0.32	0.44
Short Term Debt	-0.2	-0.3	-0.26	0.22	-0.08	0.08	-0.35	-0.1	-0.08	0.05	-0.34	-0.18	-0.54	-0.24	-0.2	0.05	-0.34	0.01	-0.26		-0.38	-0.4	0.05	0.05	0.06	0.08
Intangible Assets	0.52	0.61	0.33	0.31	0.43	0.41	0.65	0.13	0.62	-0.12	0.45	0.61	0.62	0.54	0.26	0.53	0.59	0.36	0.42	-0.38		0.53	-0.15	-0.15	0.3	0.42
Accounts Payable	0.9	0.84	0.34	0.78	0.82	0.6	0.79	0.61	0.76	0.21	0.96	0.9	0.85	0.9	0.65	0.67	0.94	0.17	0.93	-0.4	0.53		0.39	0.39	0.39	0.49
Cash	0.61	0.51	0.07	0.48	0.64	0.6	0.04	0.87	0.51	0.18	0.45	0.29	0.45	0.52	0.67	0.23	0.52	0.19	0.64	0.05	-0.15	0.39		1.0	0.12	0.17
Cash And Short Term Investments	0.61	0.51	0.07	0.48	0.64	0.6	0.04	0.87	0.51	0.18	0.45	0.29	0.45	0.52	0.67	0.23	0.52	0.19	0.64	0.05	-0.15	0.39	1.0		0.12	0.17
Common Stock Total Equity	0.42	0.14	0.63	0.57	0.51	0.57	0.08	0.15	0.54	-0.46	0.24	0.51	0.07	0.48	0.01	0.72	0.26	0.75	0.32	0.06	0.3	0.39	0.12	0.12		0.94
Common Stock	0.56	0.29	0.61	0.68	0.65	0.73	0.2	0.26	0.7	-0.27	0.36	0.61	0.19	0.6	0.11	0.88	0.39	0.69	0.44	0.08	0.42	0.49	0.17	0.17	0.94

Click cells to compare fundamentals

Newpark Resources Account Relationship Matchups

Newpark Resources fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	900.1M	709.2M	752.9M	714.9M	642.3M	628.4M
Short Long Term Debt Total	186.8M	112.2M	137.2M	133.9M	92.4M	156.2M
Other Current Liab	42.8M	36.9M	46.6M	46.9M	66.2M	69.5M
Total Current Liabilities	128.9M	153.7M	150.4M	162.9M	136.3M	103.1M
Total Stockholder Equity	548.6M	488.0M	462.4M	423.0M	415.4M	364.0M
Property Plant And Equipment Net	342.4M	308.7M	287.8M	216.9M	216.0M	218.0M
Net Debt	138.1M	88.0M	113.1M	110.7M	53.8M	51.2M
Retained Earnings	134.1M	50.9M	24.3M	2.5M	10.8M	11.3M
Non Current Assets Total	421.3M	381.0M	364.4M	288.9M	285.1M	316.2M
Non Currrent Assets Other	3.2M	2.8M	2.0M	2.4M	(275.7M)	(261.9M)
Net Receivables	216.7M	141.0M	194.3M	242.2M	168.5M	156.6M
Common Stock Shares Outstanding	89.8M	90.2M	91.5M	92.7M	88.3M	86.1M
Liabilities And Stockholders Equity	900.1M	709.2M	752.9M	714.9M	642.3M	628.4M
Non Current Liabilities Total	222.6M	67.5M	140.1M	128.9M	90.7M	161.3M
Inventory	196.9M	147.9M	155.3M	149.6M	141.1M	104.5M
Other Current Assets	16.5M	15.1M	14.8M	11.0M	9.1M	8.6M
Other Stockholder Equity	481.4M	490.2M	498.4M	486.6M	403.5M	400.5M
Total Liab	351.4M	221.2M	290.5M	291.8M	227.0M	264.4M
Property Plant And Equipment Gross	342.4M	308.7M	287.8M	216.9M	525.7M	551.9M
Total Current Assets	478.8M	328.2M	388.5M	426.0M	357.2M	312.2M
Accumulated Other Comprehensive Income	(67.9M)	(54.2M)	(61.5M)	(67.2M)	(62.8M)	(59.7M)
Short Term Debt	6.3M	67.5M	19.2M	22.4M	16.9M	15.4M
Intangible Assets	29.7M	25.4M	25.0M	20.2M	17.1M	33.6M
Accounts Payable	79.8M	49.3M	84.6M	93.6M	70.1M	57.1M
Cash	48.7M	24.2M	24.1M	23.2M	38.6M	29.5M
Cash And Short Term Investments	48.7M	24.2M	24.1M	23.2M	38.6M	29.5M
Common Stock Total Equity	1.1M	1.1M	1.1M	1.1M	1.3M	1.0M
Common Stock	1.1M	1.1M	1.1M	1.1M	1.1M	1.0M
Other Liab	42.1M	22.7M	22.2M	17.4M	20.0M	17.4M
Other Assets	6.8M	35.4M	4.3M	4.7M	4.7M	4.5M
Long Term Debt	153.5M	19.7M	95.6M	91.7M	58.1M	55.2M
Property Plant Equipment	342.4M	308.7M	287.8M	216.9M	249.4M	272.0M
Good Will	43.8M	42.3M	42.4M	47.3M	47.1M	54.5M
Treasury Stock	(129.8M)	(139.2M)	(136.8M)	(136.5M)	(122.9M)	(129.0M)
Net Tangible Assets	476.6M	420.2M	390.1M	355.7M	320.1M	356.7M
Retained Earnings Total Equity	134.1M	50.9M	24.3M	2.5M	2.2M	2.1M
Long Term Debt Total	153.5M	19.7M	95.6M	91.7M	82.5M	114.3M
Capital Surpluse	620.6M	627.0M	634.9M	641.3M	737.5M	625.7M

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 Newpark Resources 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, Newpark Resources' short interest history, or implied volatility extrapolated from Newpark Resources options trading.

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When determining whether Newpark Resources is a strong investment it is important to analyze Newpark Resources' 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 Newpark Resources' future performance. For an informed investment choice regarding Newpark Stock, refer to the following important reports:

How To Invest In Newpark

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Is Newpark Stock a good investment?

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What is Newpark Resources' Net Worth?

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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Newpark Resources. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.

To learn how to invest in Newpark Stock, please use our How to Invest in Newpark Resources guide.

You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.

Complementary Tools for Newpark Stock analysis

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

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Is Newpark Resources' 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 Newpark Resources. If investors know Newpark 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 Newpark Resources 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

1.192

Earnings Share

0.16

Revenue Per Share

8.676

Quarterly Revenue Growth

(0.26)

Return On Assets

0.0342

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

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Newpark Enterprise Value vs Tangible Asset Value Analysis

Enterprise Value vs Tangible Asset Value

Enterprise Value vs Tangible Asset Value Correlation Analysis

Correlation Coefficient

Enterprise Value

Tangible Asset Value

Newpark Resources fundamental ratios Correlations

Newpark Resources Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Newpark Resources fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Complementary Tools for Newpark Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Total Stockholder Equity	+ 0.98	Total Assets
Total Current Assets	+ 0.98	Total Assets
Inventory	+ 0.97	Total Assets
Total Liab	+ 0.97	Short Long Term Debt Total
Total Current Assets	+ 0.97	Total Liab

Property Plant And Equipment Gross	- 0.79	Non Currrent Assets Other
Short Term Debt	- 0.54	Non Current Liabilities Total
Non Currrent Assets Other	- 0.53	Other Current Liab
Common Stock Total Equity	- 0.46	Non Currrent Assets Other
Accounts Payable	- 0.4	Short Term Debt
Intangible Assets	- 0.38	Short Term Debt