Newpark Common Stock Shares Outstanding vs Accounts Payable Analysis

NR Stock

USD 5.48 2.28 29.38%

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 Common Stock Shares Outstanding and its Accounts Payable 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 closely tied 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.

Common Stock Shares Outstanding vs Accounts Payable

Common Stock Shares Outstanding vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Newpark Resources Common Stock Shares Outstanding account and Accounts Payable. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Newpark Resources' Common Stock Shares Outstanding and Accounts Payable is 0.9. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Accounts Payable 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' Common Stock Shares Outstanding and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Newpark Resources are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Common Stock Shares Outstanding i.e., Newpark Resources' Common Stock Shares Outstanding and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.9

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Accounts Payable

An accounting item on the balance sheet that represents Newpark Resources obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Newpark Resources are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

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 closely tied 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 06/16/2024, 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

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Newpark Common Stock Shares Outstanding vs Accounts Payable Analysis

Common Stock Shares Outstanding vs Accounts Payable

Common Stock Shares Outstanding vs Accounts Payable Correlation Analysis

Correlation Coefficient

Common Stock Shares Outstanding

Accounts Payable

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!

Additional Tools for Newpark Stock Analysis

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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