NL Industries Retained Earnings vs Net Receivables Analysis

NL Stock

USD 7.88 0.73 8.48%

NL Industries financial indicator trend analysis is infinitely more than just investigating NL Industries recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether NL Industries is a good investment. Please check the relationship between NL Industries Retained Earnings and its Net Receivables accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NL 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 bureau of economic analysis.

For more information on how to buy NL Industries Stock please use our How to buy in NL Industries Stock guide.

Retained Earnings vs Net Receivables

Retained Earnings vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NL Industries Retained Earnings account and Net Receivables. At this time, the significance of the direction appears to have pay attention.

The correlation between NL Industries' Retained Earnings and Net Receivables is -0.89. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Net Receivables in the same time period over historical financial statements of NL Industries, assuming nothing else is changed. The correlation between historical values of NL Industries' Retained Earnings and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of NL Industries are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Retained Earnings i.e., NL Industries' Retained Earnings and Net Receivables go up and down completely randomly.

Correlation Coefficient

-0.89

Relationship Direction	Negative
Relationship Strength	Significant

View All Relationships

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Net Receivables

Most indicators from NL Industries' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into NL Industries 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 NL 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 bureau of economic analysis.

For more information on how to buy NL Industries Stock please use our How to buy in NL Industries Stock guide.Enterprise Value is expected to rise to about 1 B this year, although the value of Selling General Administrative will most likely fall to about 23.9 M.

	2021	2022	2023	2024 (projected)
Gross Profit	42.7M	48.8M	48.6M	46.2M
Total Revenue	140.8M	166.6M	161.3M	153.2M

Gross Profit Total Revenue

NL Industries 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	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	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	Accounts Payable	Common Stock	Common Stock Total Equity	Other Liab	Other Assets
Total Assets		0.89	0.85	0.85	-0.65	0.87	0.8	-0.73	0.21	0.83	0.4	0.18	0.87	0.64	0.9	0.87	0.54	0.87	0.89	0.88	0.79	0.86	-0.85	0.74	-0.38	-0.13
Short Long Term Debt Total	0.89		0.97	0.98	-0.91	0.99	0.83	-0.92	0.38	0.59	0.53	0.28	0.99	0.84	0.99	0.97	0.54	0.96	0.99	0.92	0.87	0.99	-0.99	0.92	-0.27	-0.08
Other Current Liab	0.85	0.97		1.0	-0.93	0.98	0.72	-0.88	0.51	0.47	0.6	0.41	1.0	0.82	0.97	0.98	0.4	0.97	0.98	0.93	0.92	0.99	-0.98	0.9	-0.13	-0.03
Total Current Liabilities	0.85	0.98	1.0		-0.93	0.99	0.75	-0.9	0.48	0.5	0.59	0.38	1.0	0.84	0.97	0.98	0.44	0.96	0.99	0.93	0.91	0.99	-0.99	0.92	-0.16	-0.05
Total Stockholder Equity	-0.65	-0.91	-0.93	-0.93		-0.94	-0.66	0.93	-0.52	-0.25	-0.6	-0.37	-0.93	-0.84	-0.91	-0.91	-0.38	-0.9	-0.92	-0.83	-0.82	-0.94	0.94	-0.91	0.07	0.02
Property Plant And Equipment Net	0.87	0.99	0.98	0.99	-0.94		0.78	-0.93	0.44	0.53	0.58	0.34	0.99	0.85	0.99	0.99	0.48	0.97	1.0	0.93	0.89	1.0	-1.0	0.93	-0.19	-0.06
Net Debt	0.8	0.83	0.72	0.75	-0.66	0.78		-0.85	-0.2	0.78	0.28	-0.21	0.75	0.68	0.83	0.73	0.75	0.73	0.81	0.68	0.51	0.78	-0.76	0.75	-0.64	-0.34
Retained Earnings	-0.73	-0.92	-0.88	-0.9	0.93	-0.93	-0.85		-0.23	-0.51	-0.48	-0.06	-0.89	-0.84	-0.93	-0.86	-0.64	-0.86	-0.93	-0.77	-0.68	-0.92	0.92	-0.91	0.36	0.18
Cash	0.21	0.38	0.51	0.48	-0.52	0.44	-0.2	-0.23		-0.26	0.46	0.86	0.48	0.43	0.37	0.48	-0.25	0.45	0.4	0.45	0.64	0.45	-0.47	0.42	0.6	0.43
Non Current Assets Total	0.83	0.59	0.47	0.5	-0.25	0.53	0.78	-0.51	-0.26		0.06	-0.3	0.51	0.41	0.61	0.49	0.75	0.5	0.59	0.48	0.31	0.51	-0.5	0.47	-0.67	-0.24
Non Currrent Assets Other	0.4	0.53	0.6	0.59	-0.6	0.58	0.28	-0.48	0.46	0.06		0.39	0.59	0.48	0.53	0.62	-0.09	0.58	0.55	0.58	0.61	0.58	-0.58	0.52	0.39	0.21
Cash And Short Term Investments	0.18	0.28	0.41	0.38	-0.37	0.34	-0.21	-0.06	0.86	-0.3	0.39		0.4	0.37	0.27	0.44	-0.46	0.34	0.3	0.43	0.63	0.35	-0.38	0.28	0.72	0.31
Net Receivables	0.87	0.99	1.0	1.0	-0.93	0.99	0.75	-0.89	0.48	0.51	0.59	0.4		0.83	0.98	0.99	0.42	0.97	0.99	0.95	0.92	1.0	-0.99	0.91	-0.15	-0.05
Common Stock Shares Outstanding	0.64	0.84	0.82	0.84	-0.84	0.85	0.68	-0.84	0.43	0.41	0.48	0.37	0.83		0.85	0.8	0.52	0.7	0.85	0.65	0.64	0.84	-0.87	0.94	-0.06	-0.01
Non Current Liabilities Total	0.9	0.99	0.97	0.97	-0.91	0.99	0.83	-0.93	0.37	0.61	0.53	0.27	0.98	0.85		0.97	0.56	0.96	1.0	0.91	0.86	0.99	-0.99	0.93	-0.27	-0.09
Inventory	0.87	0.97	0.98	0.98	-0.91	0.99	0.73	-0.86	0.48	0.49	0.62	0.44	0.99	0.8	0.97		0.37	0.98	0.98	0.97	0.95	0.99	-0.98	0.88	-0.1	-0.05
Other Current Assets	0.54	0.54	0.4	0.44	-0.38	0.48	0.75	-0.64	-0.25	0.75	-0.09	-0.46	0.42	0.52	0.56	0.37		0.38	0.53	0.28	0.11	0.47	-0.46	0.56	-0.81	-0.32
Other Stockholder Equity	0.87	0.96	0.97	0.96	-0.9	0.97	0.73	-0.86	0.45	0.5	0.58	0.34	0.97	0.7	0.96	0.98	0.38		0.96	0.97	0.94	0.97	-0.96	0.83	-0.19	-0.05
Total Liab	0.89	0.99	0.98	0.99	-0.92	1.0	0.81	-0.93	0.4	0.59	0.55	0.3	0.99	0.85	1.0	0.98	0.53	0.96		0.92	0.87	1.0	-0.99	0.93	-0.24	-0.08
Property Plant And Equipment Gross	0.88	0.92	0.93	0.93	-0.83	0.93	0.68	-0.77	0.45	0.48	0.58	0.43	0.95	0.65	0.91	0.97	0.28	0.97	0.92		0.96	0.94	-0.92	0.76	-0.12	-0.11
Total Current Assets	0.79	0.87	0.92	0.91	-0.82	0.89	0.51	-0.68	0.64	0.31	0.61	0.63	0.92	0.64	0.86	0.95	0.11	0.94	0.87	0.96		0.9	-0.89	0.73	0.09	0.05
Accounts Payable	0.86	0.99	0.99	0.99	-0.94	1.0	0.78	-0.92	0.45	0.51	0.58	0.35	1.0	0.84	0.99	0.99	0.47	0.97	1.0	0.94	0.9		-1.0	0.93	-0.18	-0.06
Common Stock	-0.85	-0.99	-0.98	-0.99	0.94	-1.0	-0.76	0.92	-0.47	-0.5	-0.58	-0.38	-0.99	-0.87	-0.99	-0.98	-0.46	-0.96	-0.99	-0.92	-0.89	-1.0		-0.94	0.15	0.04
Common Stock Total Equity	0.74	0.92	0.9	0.92	-0.91	0.93	0.75	-0.91	0.42	0.47	0.52	0.28	0.91	0.94	0.93	0.88	0.56	0.83	0.93	0.76	0.73	0.93	-0.94		-0.18	0.0
Other Liab	-0.38	-0.27	-0.13	-0.16	0.07	-0.19	-0.64	0.36	0.6	-0.67	0.39	0.72	-0.15	-0.06	-0.27	-0.1	-0.81	-0.19	-0.24	-0.12	0.09	-0.18	0.15	-0.18		0.44
Other Assets	-0.13	-0.08	-0.03	-0.05	0.02	-0.06	-0.34	0.18	0.43	-0.24	0.21	0.31	-0.05	-0.01	-0.09	-0.05	-0.32	-0.05	-0.08	-0.11	0.05	-0.06	0.04	0.0	0.44

Click cells to compare fundamentals

NL Industries Account Relationship Matchups

NL Industries fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	557.5M	548.2M	596.2M	609.9M	600.2M	704.5M
Other Current Liab	26.4M	24.9M	27.2M	28.5M	26.7M	35.6M
Total Current Liabilities	29.8M	27.5M	30.6M	32.1M	30.4M	28.9M
Total Stockholder Equity	304.5M	311.9M	362.5M	382.2M	369.8M	388.3M
Property Plant And Equipment Net	31.0M	29.0M	29.2M	28.7M	25.9M	24.6M
Net Debt	(129.2M)	(136.5M)	(146.5M)	(68.4M)	(113.9M)	(108.2M)
Retained Earnings	251M	257.9M	297.4M	300.4M	284.5M	298.7M
Cash	129.7M	137.0M	147.0M	68.9M	114.4M	85.1M
Non Current Assets Total	392.8M	377.0M	402.5M	415.9M	381.9M	439.8M
Non Currrent Assets Other	27.0M	26.9M	26.9M	(8.6M)	2.1M	2.0M
Cash And Short Term Investments	129.7M	137.0M	147.0M	139.0M	167.6M	89.2M
Net Receivables	12.5M	11.5M	15.6M	18.5M	17.7M	16.8M
Common Stock Shares Outstanding	48.7M	48.8M	48.8M	48.8M	48.8M	40.8M
Liabilities And Stockholders Equity	557.5M	548.2M	596.2M	609.9M	600.2M	704.5M
Non Current Liabilities Total	200.5M	185.3M	180.6M	175.1M	178.0M	169.1M
Inventory	18.3M	18.3M	25.6M	31.3M	30.7M	29.2M
Other Current Assets	4.1M	4.3M	5.4M	2.3M	2.2M	2.1M
Other Stockholder Equity	299.1M	299.1M	299.8M	298.6M	298.9M	368.4M
Total Liab	230.3M	212.8M	211.2M	207.1M	208.4M	198.0M
Property Plant And Equipment Gross	31.0M	29.0M	100.9M	103.4M	103.6M	190.0M
Total Current Assets	164.7M	171.2M	193.6M	194.0M	218.3M	264.7M
Accumulated Other Comprehensive Income	(251.7M)	(251.2M)	(240.8M)	(223.0M)	(219.6M)	(230.6M)
Accounts Payable	3.4M	2.6M	3.4M	3.5M	3.8M	3.6M
Common Stock	6.1M	6.1M	6.1M	6.1M	6.1M	6.7M
Common Stock Total Equity	6.1M	6.1M	6.1M	6.1M	5.5M	5.2M
Other Liab	200.0M	184.8M	180.1M	174.6M	200.8M	137.5M
Other Assets	86.3M	302.7M	28.2M	28.3M	32.5M	47.2M
Short Term Investments	4.0M	0.0	18.2M	70.2M	53.1M	55.8M
Property Plant Equipment	31.0M	29.0M	29.2M	28.7M	25.8M	24.5M
Net Tangible Assets	277.4M	284.7M	335.3M	355.0M	408.2M	306.5M
Noncontrolling Interest In Consolidated Entity	22.7M	23.5M	22.5M	20.6M	18.5M	17.6M
Retained Earnings Total Equity	251M	257.9M	297.4M	300.4M	345.5M	224.4M

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

How To Invest In NL Industries

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Is NL Industries Stock a good investment?

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What is NL Industries' Net Worth?

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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NL 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 bureau of economic analysis.

For more information on how to buy NL Industries Stock please use our How to buy in NL Industries Stock guide.

You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.

Complementary Tools for NL Industries Stock analysis

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

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Is NL Industries' 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 NL Industries. If investors know NL Industries 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 NL Industries 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

1.382

Dividend Share

0.29

Earnings Share

(0.05)

Revenue Per Share

3.238

Quarterly Revenue Growth

(0.08)

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

Retained Earnings vs Net Receivables

Retained Earnings vs Net Receivables Correlation Analysis

Correlation Coefficient

Retained Earnings

Net Receivables

NL Industries fundamental ratios Correlations

NL Industries Account Relationship Matchups

High Positive Relationship

High Negative Relationship

NL Industries fundamental ratios Accounts

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

Complementary Tools for NL Industries Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Current Liabilities	+ 1.0	Other Current Liab
Net Receivables	+ 1.0	Other Current Liab
Net Receivables	+ 1.0	Total Current Liabilities
Total Liab	+ 1.0	Property Plant And Equipment Net
Accounts Payable	+ 1.0	Property Plant And Equipment Net
Accounts Payable	+ 1.0	Net Receivables

Common Stock	- 1.0	Accounts Payable
Common Stock	- 1.0	Property Plant And Equipment Net
Common Stock	- 0.99	Total Liab
Common Stock	- 0.99	Non Current Liabilities Total
Common Stock	- 0.99	Net Receivables
Common Stock	- 0.99	Total Current Liabilities