Newpark Free Cash Flow vs Invested Capital Analysis
NR Stock | USD 7.33 0.03 0.41% |
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 Free Cash Flow and its Invested Capital 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.
Free Cash Flow vs Invested Capital
Free Cash Flow vs Invested Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Newpark Resources Free Cash Flow account and Invested Capital. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Newpark Resources' Free Cash Flow and Invested Capital is -0.13. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Invested Capital 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' Free Cash Flow and Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow of Newpark Resources are associated (or correlated) with its Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Invested Capital has no effect on the direction of Free Cash Flow i.e., Newpark Resources' Free Cash Flow and Invested Capital go up and down completely randomly.
Correlation Coefficient | -0.13 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Free Cash Flow
The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.Invested Capital
Invested capital represents the total cash investment that shareholders and debt holders have contributed to Newpark Resources. There are two different methods for calculating Newpark Resources invested capital: operating approach and financing approach. Understanding Newpark Resources invested capital allows investors to calculate measures of performance such as return on invested capital or return on capital employed.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 04/24/2024, 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 |
Newpark Resources fundamental ratios Correlations
Click cells to compare fundamentals
Newpark Resources Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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 |
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Try AI Portfolio ArchitectCheck 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 Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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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.