Newpark Total Assets vs Accumulated Other Comprehensive Income 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 Total Assets and its Accumulated Other Comprehensive Income 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.

Total Assets vs Accumulated Other Comprehensive Income

Total Assets vs Accumulated Other Comprehensive Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Newpark Resources Total Assets account and Accumulated Other Comprehensive Income. At this time, the significance of the direction appears to have no relationship.
The correlation between Newpark Resources' Total Assets and Accumulated Other Comprehensive Income is 0.01. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Accumulated Other Comprehensive Income 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' Total Assets and Accumulated Other Comprehensive Income 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 Assets of Newpark Resources are associated (or correlated) with its Accumulated Other Comprehensive Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accumulated Other Comprehensive Income has no effect on the direction of Total Assets i.e., Newpark Resources' Total Assets and Accumulated Other Comprehensive Income go up and down completely randomly.

Correlation Coefficient

0.01
Relationship DirectionPositive 
Relationship StrengthInsignificant

Total Assets

Total assets refers to the total amount of Newpark Resources assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Newpark Resources books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Accumulated Other Comprehensive Income

Gains and losses not included in net income that are recorded in shareholders' equity, reflecting changes in the value of assets or liabilities that are not realized.
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 04/19/2024, 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

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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 Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.

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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.