NuStar Net Working Capital vs Common Stock 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 Working Capital and its Common Stock 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 Working Capital vs Common Stock

Net Working Capital vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NuStar Energy LP Net Working Capital account and Common Stock. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between NuStar Energy's Net Working Capital and Common Stock is -0.3. Overlapping area represents the amount of variation of Net Working Capital that can explain the historical movement of Common Stock 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 Working Capital and Common Stock 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 Working Capital of NuStar Energy LP are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Net Working Capital i.e., NuStar Energy's Net Working Capital and Common Stock go up and down completely randomly.

Correlation Coefficient

-0.3
Relationship DirectionNegative 
Relationship StrengthInsignificant

Net Working Capital

Common Stock

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

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

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
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 CEOs Directory module to screen CEOs from public companies around the world.

Complementary Tools for NuStar Stock analysis

When running NuStar Energy's price analysis, check to measure NuStar Energy's 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 NuStar Energy is operating at the current time. Most of NuStar Energy's value examination focuses on studying past and present price action to predict the probability of NuStar Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NuStar Energy's price. Additionally, you may evaluate how the addition of NuStar Energy to your portfolios can decrease your overall portfolio volatility.
Commodity Channel
Use Commodity Channel Index to analyze current equity momentum
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
CEOs Directory
Screen CEOs from public companies around the world
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
Economic Indicators
Top statistical indicators that provide insights into how an economy is performing
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.