National Capital Stock vs Short Long Term Debt Analysis

NESRW Stock  USD 0.59  0.04  7.27%   
National Energy financial indicator trend analysis is infinitely more than just investigating National Energy Services recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether National Energy Services is a good investment. Please check the relationship between National Energy Capital Stock and its Short Long Term Debt accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in National Energy Services. 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.

Capital Stock vs Short Long Term Debt

Capital Stock vs Short Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of National Energy Services Capital Stock account and Short Long Term Debt. At this time, the significance of the direction appears to have strong relationship.
The correlation between National Energy's Capital Stock and Short Long Term Debt is 0.78. Overlapping area represents the amount of variation of Capital Stock that can explain the historical movement of Short Long Term Debt in the same time period over historical financial statements of National Energy Services, assuming nothing else is changed. The correlation between historical values of National Energy's Capital Stock and Short Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Stock of National Energy Services are associated (or correlated) with its Short Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt has no effect on the direction of Capital Stock i.e., National Energy's Capital Stock and Short Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.78
Relationship DirectionPositive 
Relationship StrengthSignificant

Capital Stock

The total amount of a company's capital funded by shareholders through the issue and subscription of shares.

Short Long Term Debt

The total of a company's short-term and long-term borrowings.
Most indicators from National Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into National Energy Services 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 National Energy Services. 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.
Enterprise Value is likely to climb to about 1.7 B in 2024, whereas Tax Provision is likely to drop slightly above 11 M in 2024.
 2021 2022 2023 2024 (projected)
Cost Of Revenue892.0M844.0M1.0B720.4M
EBITDA76.7M217.9M250.6M153.5M

National Energy fundamental ratios Correlations

0.960.98-0.080.870.831.0-0.970.990.990.991.00.99-0.980.610.82-0.920.830.730.690.750.90.90.90.550.72
0.960.89-0.270.960.790.95-0.860.940.950.990.940.97-0.890.430.93-0.910.830.710.710.850.920.910.950.740.81
0.980.890.090.750.760.99-0.990.990.950.930.990.95-1.00.670.7-0.870.730.650.650.640.840.850.820.410.62
-0.08-0.270.09-0.47-0.16-0.06-0.12-0.05-0.13-0.2-0.01-0.1-0.070.53-0.550.05-0.32-0.21-0.01-0.49-0.12-0.04-0.28-0.63-0.59
0.870.960.75-0.470.80.85-0.720.830.890.940.830.9-0.750.30.97-0.850.860.740.690.890.880.850.930.810.84
0.830.790.76-0.160.80.79-0.770.780.890.850.820.88-0.770.730.73-0.820.970.980.70.610.770.80.780.350.62
1.00.950.99-0.060.850.79-0.971.00.980.981.00.98-0.980.60.8-0.90.790.690.660.730.890.890.880.540.71
-0.97-0.86-0.99-0.12-0.72-0.77-0.97-0.98-0.95-0.92-0.98-0.941.0-0.72-0.650.84-0.73-0.67-0.62-0.58-0.8-0.82-0.77-0.35-0.57
0.990.940.99-0.050.830.781.0-0.980.970.971.00.97-0.990.60.78-0.880.780.680.660.710.870.870.860.510.7
0.990.950.95-0.130.890.890.98-0.950.970.990.980.99-0.960.650.84-0.930.890.810.690.730.90.910.90.520.72
0.990.990.93-0.20.940.850.98-0.920.970.990.970.99-0.930.550.89-0.930.870.770.70.80.920.920.940.640.77
1.00.940.99-0.010.830.821.0-0.981.00.980.970.98-0.990.660.77-0.90.810.730.670.690.880.890.870.480.68
0.990.970.95-0.10.90.880.98-0.940.970.990.990.98-0.950.630.84-0.940.880.80.740.770.920.930.920.560.74
-0.98-0.89-1.0-0.07-0.75-0.77-0.981.0-0.99-0.96-0.93-0.99-0.95-0.68-0.70.85-0.75-0.66-0.61-0.61-0.81-0.83-0.8-0.41-0.61
0.610.430.670.530.30.730.6-0.720.60.650.550.660.63-0.680.17-0.60.580.680.490.110.520.60.37-0.240.04
0.820.930.7-0.550.970.730.8-0.650.780.840.890.770.84-0.70.17-0.830.840.670.590.880.850.820.950.860.91
-0.92-0.91-0.870.05-0.85-0.82-0.90.84-0.88-0.93-0.93-0.9-0.940.85-0.6-0.83-0.85-0.76-0.73-0.76-0.98-0.99-0.94-0.52-0.69
0.830.830.73-0.320.860.970.79-0.730.780.890.870.810.88-0.750.580.84-0.850.950.640.680.810.820.860.490.74
0.730.710.65-0.210.740.980.69-0.670.680.810.770.730.8-0.660.680.67-0.760.950.710.60.720.740.710.290.61
0.690.710.65-0.010.690.70.66-0.620.660.690.70.670.74-0.610.490.59-0.730.640.710.810.780.730.690.380.64
0.750.850.64-0.490.890.610.73-0.580.710.730.80.690.77-0.610.110.88-0.760.680.60.810.840.750.840.760.9
0.90.920.84-0.120.880.770.89-0.80.870.90.920.880.92-0.810.520.85-0.980.810.720.780.840.990.930.560.72
0.90.910.85-0.040.850.80.89-0.820.870.910.920.890.93-0.830.60.82-0.990.820.740.730.750.990.920.520.65
0.90.950.82-0.280.930.780.88-0.770.860.90.940.870.92-0.80.370.95-0.940.860.710.690.840.930.920.760.86
0.550.740.41-0.630.810.350.54-0.350.510.520.640.480.56-0.41-0.240.86-0.520.490.290.380.760.560.520.760.78
0.720.810.62-0.590.840.620.71-0.570.70.720.770.680.74-0.610.040.91-0.690.740.610.640.90.720.650.860.78
Click cells to compare fundamentals

National Energy Account Relationship Matchups

National Energy fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.5B1.7B1.8B1.8B1.8B1.6B
Other Current Liab25.6M104.2M17.8M26.2M31.1M36.9M
Total Current Liabilities228.1M359.4M431.9M544.1M533.4M365.1M
Total Stockholder Equity886.5M944.4M821.0M802.3M821.5M836.9M
Retained Earnings67.7M117.7M(35.8M)(75.0M)(62.4M)(59.3M)
Accounts Payable65.7M144.6M314.6M353.5M351.2M204.2M
Cash73.2M75.0M205.8M78.9M67.8M82.7M
Non Current Assets Total1.1B1.2B1.2B1.3B1.3B1.1B
Non Currrent Assets Other2.4M2.8M11.7M51.5M52.3M40.9M
Common Stock Shares Outstanding87.2M89.1M91.0M94.0M94.7M89.6M
Non Current Liabilities Total407.8M383.3M578.4M481.9M442.8M407.4M
Other Current Assets52.4M15.4M12.5M16.7M20.0M19.3M
Total Liab635.9M742.6M1.0B1.0B976.2M772.5M
Net Invested Capital1.3B1.3B1.4B1.3B1.3B1.3B
Total Current Assets403.2M515.2M627.4M537.8M541.7M459.8M
Non Current Liabilities Other34.2M32.1M37.2M40.6M57.2M45.6M
Net Working Capital175.1M155.9M195.5M(6.3M)8.3M7.9M
Net Debt310.3M323.5M390.1M456.2M416.9M398.6M
Long Term Debt330.6M308.6M508.8M391.9M331.6M384.4M
Cash And Short Term Investments73.2M75.0M205.8M67.8M78.0M98.3M
Net Receivables175.1M330.5M315.3M148.7M355.5M271.9M
Inventory78.8M94.3M93.9M110.5M98.4M97.9M
Short Long Term Debt53.0M89.9M87.1M143.2M120.6M104.6M
Short Term Debt38.0M89.9M87.1M128.0M147.2M82.4M
Intangible Assets122.7M110.4M121.6M102.9M84.3M90.7M

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