Newpark Net Income vs Interest Expense Analysis

NR Stock  USD 7.30  0.09  1.22%   
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 Net Income and its Interest Expense 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.

Net Income vs Interest Expense

Net Income vs Interest Expense Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Newpark Resources Net Income account and Interest Expense. At this time, the significance of the direction appears to have no relationship.
The correlation between Newpark Resources' Net Income and Interest Expense is 0.07. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Interest Expense 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' Net Income and Interest Expense 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 of Newpark Resources are associated (or correlated) with its Interest Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Expense has no effect on the direction of Net Income i.e., Newpark Resources' Net Income and Interest Expense go up and down completely randomly.

Correlation Coefficient

0.07
Relationship DirectionPositive 
Relationship StrengthInsignificant

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Newpark Resources financial statement analysis. It represents the amount of money remaining after all of Newpark Resources operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.
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 04/23/2024, 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 Profit85.2M121.5M138.5M89.2M
Total Revenue614.8M815.6M749.6M549.7M

Newpark Resources fundamental ratios Correlations

0.890.310.840.980.850.690.810.940.230.910.90.840.970.780.770.950.30.98-0.20.520.90.610.610.420.56
0.890.220.630.770.650.810.650.780.230.870.80.960.850.750.570.970.20.9-0.30.610.840.510.510.140.29
0.310.220.30.320.350.050.10.35-0.530.270.340.210.28-0.170.460.270.760.26-0.260.330.340.070.070.630.61
0.840.630.30.860.780.530.60.810.20.780.830.50.810.550.820.740.280.810.220.310.780.480.480.570.68
0.980.770.320.860.920.560.830.960.210.830.860.710.950.740.810.860.360.93-0.080.430.820.640.640.510.65
0.850.650.350.780.920.420.730.940.190.590.680.540.840.570.860.690.440.750.080.410.60.60.60.570.73
0.690.810.050.530.560.420.30.60.410.790.750.810.750.550.520.82-0.120.71-0.350.650.790.040.040.080.2
0.810.650.10.60.830.730.30.730.330.650.520.630.740.740.40.70.140.8-0.10.130.610.870.870.150.26
0.940.780.350.810.960.940.60.730.140.750.850.710.920.660.860.840.440.85-0.080.620.760.510.510.540.7
0.230.23-0.530.20.210.190.410.330.140.280.050.230.250.40.080.25-0.790.280.05-0.120.210.180.18-0.46-0.27
0.910.870.270.780.830.590.790.650.750.280.890.870.880.730.620.950.10.96-0.340.450.960.450.450.240.36
0.90.80.340.830.860.680.750.520.850.050.890.760.90.670.790.880.350.87-0.180.610.90.290.290.510.61
0.840.960.210.50.710.540.810.630.710.230.870.760.820.750.460.950.120.88-0.540.620.850.450.450.070.19
0.970.850.280.810.950.840.750.740.920.250.880.90.820.730.790.920.270.95-0.240.540.90.520.520.480.6
0.780.75-0.170.550.740.570.550.740.660.40.730.670.750.730.390.77-0.070.81-0.20.260.650.670.670.010.11
0.770.570.460.820.810.860.520.40.860.080.620.790.460.790.390.650.460.660.050.530.670.230.230.720.88
0.950.970.270.740.860.690.820.70.840.250.950.880.950.920.770.650.190.97-0.340.590.940.520.520.260.39
0.30.20.760.280.360.44-0.120.140.44-0.790.10.350.120.27-0.070.460.190.190.010.360.170.190.190.750.69
0.980.90.260.810.930.750.710.80.850.280.960.870.880.950.810.660.970.19-0.260.420.930.640.640.320.44
-0.2-0.3-0.260.22-0.080.08-0.35-0.1-0.080.05-0.34-0.18-0.54-0.24-0.20.05-0.340.01-0.26-0.38-0.40.050.050.060.08
0.520.610.330.310.430.410.650.130.62-0.120.450.610.620.540.260.530.590.360.42-0.380.53-0.15-0.150.30.42
0.90.840.340.780.820.60.790.610.760.210.960.90.850.90.650.670.940.170.93-0.40.530.390.390.390.49
0.610.510.070.480.640.60.040.870.510.180.450.290.450.520.670.230.520.190.640.05-0.150.391.00.120.17
0.610.510.070.480.640.60.040.870.510.180.450.290.450.520.670.230.520.190.640.05-0.150.391.00.120.17
0.420.140.630.570.510.570.080.150.54-0.460.240.510.070.480.010.720.260.750.320.060.30.390.120.120.94
0.560.290.610.680.650.730.20.260.7-0.270.360.610.190.60.110.880.390.690.440.080.420.490.170.170.94
Click cells to compare fundamentals

Newpark Resources Account Relationship Matchups

Newpark Resources fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets900.1M709.2M752.9M714.9M642.3M628.4M
Short Long Term Debt Total186.8M112.2M137.2M133.9M92.4M156.2M
Other Current Liab42.8M36.9M46.6M46.9M66.2M69.5M
Total Current Liabilities128.9M153.7M150.4M162.9M136.3M103.1M
Total Stockholder Equity548.6M488.0M462.4M423.0M415.4M364.0M
Property Plant And Equipment Net342.4M308.7M287.8M216.9M216.0M218.0M
Net Debt138.1M88.0M113.1M110.7M53.8M51.2M
Retained Earnings134.1M50.9M24.3M2.5M10.8M11.3M
Non Current Assets Total421.3M381.0M364.4M288.9M285.1M316.2M
Non Currrent Assets Other3.2M2.8M2.0M2.4M(275.7M)(261.9M)
Net Receivables216.7M141.0M194.3M242.2M168.5M156.6M
Common Stock Shares Outstanding89.8M90.2M91.5M92.7M88.3M86.1M
Liabilities And Stockholders Equity900.1M709.2M752.9M714.9M642.3M628.4M
Non Current Liabilities Total222.6M67.5M140.1M128.9M90.7M161.3M
Inventory196.9M147.9M155.3M149.6M141.1M104.5M
Other Current Assets16.5M15.1M14.8M11.0M9.1M8.6M
Other Stockholder Equity481.4M490.2M498.4M486.6M403.5M400.5M
Total Liab351.4M221.2M290.5M291.8M227.0M264.4M
Property Plant And Equipment Gross342.4M308.7M287.8M216.9M525.7M551.9M
Total Current Assets478.8M328.2M388.5M426.0M357.2M312.2M
Accumulated Other Comprehensive Income(67.9M)(54.2M)(61.5M)(67.2M)(62.8M)(59.7M)
Short Term Debt6.3M67.5M19.2M22.4M16.9M15.4M
Intangible Assets29.7M25.4M25.0M20.2M17.1M33.6M
Accounts Payable79.8M49.3M84.6M93.6M70.1M57.1M
Cash48.7M24.2M24.1M23.2M38.6M29.5M
Cash And Short Term Investments48.7M24.2M24.1M23.2M38.6M29.5M
Common Stock Total Equity1.1M1.1M1.1M1.1M1.3M1.0M
Common Stock1.1M1.1M1.1M1.1M1.1M1.0M
Other Liab42.1M22.7M22.2M17.4M20.0M17.4M
Other Assets6.8M35.4M4.3M4.7M4.7M4.5M
Long Term Debt153.5M19.7M95.6M91.7M58.1M55.2M
Property Plant Equipment342.4M308.7M287.8M216.9M249.4M272.0M
Good Will43.8M42.3M42.4M47.3M47.1M54.5M
Treasury Stock(129.8M)(139.2M)(136.8M)(136.5M)(122.9M)(129.0M)
Net Tangible Assets476.6M420.2M390.1M355.7M320.1M356.7M
Retained Earnings Total Equity134.1M50.9M24.3M2.5M2.2M2.1M
Long Term Debt Total153.5M19.7M95.6M91.7M82.5M114.3M
Capital Surpluse620.6M627.0M634.9M641.3M737.5M625.7M
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:
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 Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.

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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.