NuStar Net Receivables vs Other Current Assets Analysis

NS Stock  USD 22.58  0.20  0.89%   
NuStar Energy financial indicator trend analysis is infinitely more than just investigating NuStar Energy LP recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether NuStar Energy LP is a good investment. Please check the relationship between NuStar Energy Net Receivables and its Other Current Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NuStar Energy LP. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.

Net Receivables vs Other Current Assets

Net Receivables vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NuStar Energy LP Net Receivables account and Other Current Assets. At this time, the significance of the direction appears to have almost no relationship.
The correlation between NuStar Energy's Net Receivables and Other Current Assets is 0.12. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of NuStar Energy LP, assuming nothing else is changed. The correlation between historical values of NuStar Energy's Net Receivables and Other Current Assets 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 Receivables of NuStar Energy LP are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Net Receivables i.e., NuStar Energy's Net Receivables and Other Current Assets go up and down completely randomly.

Correlation Coefficient

0.12
Relationship DirectionPositive 
Relationship StrengthInsignificant

Net Receivables

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Most indicators from NuStar Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into NuStar Energy LP 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 NuStar Energy LP. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
At this time, NuStar Energy's Tax Provision is comparatively stable compared to the past year. Issuance Of Capital Stock is likely to gain to about 232.9 M in 2024, despite the fact that Discontinued Operations is likely to grow to (267.2 M).
 2021 2022 2023 2024 (projected)
Interest Expense214.0M209.0M241.4M253.4M
Depreciation And Amortization274.4M331.5M255.7M155.7M

NuStar Energy fundamental ratios Correlations

0.970.980.660.740.880.580.220.380.230.790.940.890.520.950.860.680.860.360.190.390.760.230.340.460.34
0.970.990.60.80.810.410.110.190.250.880.890.930.560.980.930.750.930.270.210.220.850.120.170.330.48
0.980.990.560.820.830.440.070.180.180.870.930.930.650.980.920.710.920.210.150.190.840.080.140.390.43
0.660.60.560.430.670.520.490.610.420.50.540.59-0.130.620.560.320.540.690.390.590.480.480.560.220.03
0.740.80.820.430.680.04-0.26-0.160.070.920.710.920.720.860.920.550.92-0.140.04-0.10.94-0.32-0.150.030.15
0.880.810.830.670.680.630.230.450.20.650.880.770.350.820.730.420.720.350.170.510.630.220.450.470.14
0.580.410.440.520.040.630.620.810.030.010.620.24-0.040.350.170.20.170.620.020.78-0.020.640.750.88-0.01
0.220.110.070.49-0.260.230.620.740.17-0.090.20.01-0.50.08-0.010.12-0.020.70.160.76-0.150.920.730.41-0.01
0.380.190.180.61-0.160.450.810.740.18-0.150.330.04-0.420.14-0.05-0.05-0.060.740.170.96-0.170.750.960.47-0.3
0.230.250.180.420.070.20.030.170.180.260.00.2-0.220.20.240.020.190.361.00.160.190.240.29-0.090.15
0.790.880.870.50.920.650.01-0.09-0.150.260.70.960.620.920.980.710.980.020.23-0.090.98-0.13-0.13-0.010.4
0.940.890.930.540.710.880.620.20.330.00.70.810.610.890.790.610.80.25-0.030.330.670.20.250.540.3
0.890.930.930.590.920.770.240.010.040.20.960.810.610.960.980.730.980.140.170.10.960.00.050.20.31
0.520.560.65-0.130.720.35-0.04-0.5-0.42-0.220.620.610.610.590.630.470.65-0.49-0.24-0.440.63-0.5-0.480.150.27
0.950.980.980.620.860.820.350.080.140.20.920.890.960.590.960.750.960.220.160.170.890.10.120.270.42
0.860.930.920.560.920.730.17-0.01-0.050.240.980.790.980.630.960.741.00.090.210.00.96-0.04-0.050.160.41
0.680.750.710.320.550.420.20.12-0.050.020.710.610.730.470.750.740.750.29-0.010.00.70.14-0.020.260.52
0.860.930.920.540.920.720.17-0.02-0.060.190.980.80.980.650.961.00.750.070.16-0.010.96-0.05-0.060.170.4
0.360.270.210.69-0.140.350.620.70.740.360.020.250.14-0.490.220.090.290.070.350.69-0.020.710.740.390.09
0.190.210.150.390.040.170.020.160.171.00.23-0.030.17-0.240.160.21-0.010.160.350.150.160.230.28-0.10.15
0.390.220.190.59-0.10.510.780.760.960.16-0.090.330.1-0.440.170.00.0-0.010.690.15-0.110.730.960.44-0.31
0.760.850.840.480.940.63-0.02-0.15-0.170.190.980.670.960.630.890.960.70.96-0.020.16-0.11-0.17-0.15-0.050.32
0.230.120.080.48-0.320.220.640.920.750.24-0.130.20.0-0.50.1-0.040.14-0.050.710.230.73-0.170.720.450.09
0.340.170.140.56-0.150.450.750.730.960.29-0.130.250.05-0.480.12-0.05-0.02-0.060.740.280.96-0.150.720.44-0.32
0.460.330.390.220.030.470.880.410.47-0.09-0.010.540.20.150.270.160.260.170.39-0.10.44-0.050.450.440.17
0.340.480.430.030.150.14-0.01-0.01-0.30.150.40.30.310.270.420.410.520.40.090.15-0.310.320.09-0.320.17
Click cells to compare fundamentals

NuStar Energy Account Relationship Matchups

NuStar Energy fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.2B5.8B5.2B5.0B4.9B4.2B
Property Plant And Equipment Net4.1B4.0B3.5B3.4B3.3B2.8B
Non Current Assets Total6.0B5.5B5.0B4.8B4.7B3.9B
Non Currrent Assets Other176.5M139.3M140.0M108.2M218.3M229.3M
Common Stock Shares Outstanding107.8M109.2M109.6M110.3M116.9M67.9M
Liabilities And Stockholders Equity3.8B4.0B4.2B3.6B4.9B3.8B
Other Current Liab127.8M112.7M102.6M101.1M105.7M86.2M
Total Current Liabilities731.6M221.2M214.7M196.5M221.0M339.6M
Total Stockholder Equity(67.9M)(96.7M)(74.0M)902.3M1.0B1.0B
Accounts Payable109.8M71.7M82.4M67.8M77.1M150.8M
Cash16.2M153.6M5.6M14.5M2.8M2.6M
Long Term Debt2.9B3.5B3.1B3.2B3.4B2.2B
Good Will1.0B1.0B766.4M732.4M842.2M701.6M
Total Liab3.8B4.0B4.2B3.6B3.9B2.7B
Intangible Assets681.6M630.2M557.8M513.7M476.1M273.5M
Property Plant Equipment4.1B4.0B3.6B3.5B4.0B3.0B
Short Long Term Debt Total3.4B3.6B3.2B3.3B3.4B2.4B
Other Liab91.3M95.9M94.7M77.9M89.6M81.0M
Net Debt3.4B3.5B3.2B3.3B3.4B2.4B
Other Assets95.3M51.9M63.1M57.6M66.2M114.0M
Cash And Short Term Investments16.2M153.6M5.6M14.5M2.8M2.6M
Net Receivables152.5M133.5M135.1M150.0M135.8M199.6M
Non Current Liabilities Total3.1B3.8B4.0B3.4B3.6B2.5B
Other Stockholder Equity67.9M96.7M74.0M(669.7M)1.1B986.0M
Total Current Assets203.0M323.6M184.5M203.9M187.1M177.7M
Accumulated Other Comprehensive Income(67.9M)(96.7M)(74.0M)(31.6M)(22.9M)(21.8M)
Short Term Debt472.8M14.7M14.2M10.0M11.1M10.6M
Common Stock1.1B572.3M299.5M177.6M312.9M297.3M
Other Current Assets21.9M25.4M27.1M24.1M29.9M17.0M
Current Deferred Revenue21.1M22.0M15.4M17.6M27.1M19.6M
Inventory12.4M11.1M16.6M15.4M18.6M17.7M
Net Tangible Assets2.4B(921.0M)(1.1B)(1.1B)(990.0M)(940.5M)
Long Term Debt Total2.9B3.6B3.2B3.3B3.8B3.2B
Property Plant And Equipment Gross4.1B4.0B5.7B5.7B5.8B5.1B
Non Current Liabilities Other148.9M157.8M148.0M131.3M214.9M123.4M

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When determining whether NuStar Energy LP is a strong investment it is important to analyze NuStar Energy's 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 NuStar Energy's future performance. For an informed investment choice regarding NuStar Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NuStar Energy LP. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.

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Is NuStar Energy's 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 NuStar Energy. If investors know NuStar 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 NuStar Energy 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
1.061
Dividend Share
1.6
Earnings Share
0.72
Revenue Per Share
13.985
Quarterly Revenue Growth
0.051
The market value of NuStar Energy LP is measured differently than its book value, which is the value of NuStar that is recorded on the company's balance sheet. Investors also form their own opinion of NuStar Energy's value that differs from its market value or its book value, called intrinsic value, which is NuStar Energy's 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 NuStar Energy's market value can be influenced by many factors that don't directly affect NuStar Energy's 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 NuStar Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if NuStar Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NuStar Energy's 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.