Newpark Total Liab vs Non Current Assets Total 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 Total Liab and its Non Current Assets Total 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.

Total Liab vs Non Current Assets Total

Total Liab vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Newpark Resources Total Liab account and Non Current Assets Total. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Newpark Resources' Total Liab and Non Current Assets Total is 0.84. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Non Current Assets Total 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 Liab and Non Current Assets Total 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 Liab of Newpark Resources are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Total Liab i.e., Newpark Resources' Total Liab and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.84
Relationship DirectionPositive 
Relationship StrengthStrong

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
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 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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Additional Tools for Newpark Stock Analysis

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.