NL Industries Depreciation vs Begin Period Cash Flow Analysis

NL Stock  USD 8.04  0.13  1.64%   
NL Industries financial indicator trend analysis is infinitely more than just investigating NL Industries recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether NL Industries is a good investment. Please check the relationship between NL Industries Depreciation and its Begin Period Cash Flow accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NL Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy NL Industries Stock please use our How to buy in NL Industries Stock guide.

Depreciation vs Begin Period Cash Flow

JavaScript chart by amCharts 3.21.152014201620182020202220243,350K3.4M3,450K3.5M3,550K3.6M3,650K3.7M3,750K3.8M3,850K3.9M 60M70M80M90M100M110M120M130M140M150M160M170M
JavaScript chart by amCharts 3.21.15Depreciationtotal: 44.6MBegin Period Cash Flowtotal: 1.3B

Depreciation vs Begin Period Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NL Industries Depreciation account and Begin Period Cash Flow. At this time, the significance of the direction appears to have almost no relationship.
DepreciationBegin Period Cash FlowDiversified AwayDepreciationBegin Period Cash FlowDiversified Away100%
The correlation between NL Industries' Depreciation and Begin Period Cash Flow is 0.15. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Begin Period Cash Flow in the same time period over historical financial statements of NL Industries, assuming nothing else is changed. The correlation between historical values of NL Industries' Depreciation and Begin Period Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation of NL Industries are associated (or correlated) with its Begin Period Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Begin Period Cash Flow has no effect on the direction of Depreciation i.e., NL Industries' Depreciation and Begin Period Cash Flow go up and down completely randomly.

Correlation Coefficient

0.15
Relationship DirectionPositive 
Relationship StrengthInsignificant

Depreciation

Depreciation indicates how much of NL Industries value has been used up. For tax purposes NL Industries can deduct the cost of the tangible assets it purchases as business expenses. However, NL Industries must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.

Begin Period Cash Flow

The amount of cash a company has at the beginning of a financial reporting period. It serves as the starting point for calculating the period's cash flow from operations, investing, and financing activities.
Most indicators from NL Industries' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into NL Industries 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 NL Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy NL Industries Stock please use our How to buy in NL Industries Stock guide.Enterprise Value is expected to rise to about 1 B this year, although the value of Selling General Administrative will most likely fall to about 23.9 M.
 2021 2022 2023 2024 (projected)
Gross Profit42.7M48.8M49.2M46.8M
Total Revenue140.8M166.6M161.3M153.2M

NL Industries fundamental ratios Correlations

0.890.850.86-0.650.870.81-0.740.210.830.40.170.870.640.90.870.650.880.890.880.790.86-0.850.74-0.39-0.13
0.890.970.98-0.910.990.83-0.920.380.590.490.280.980.840.990.970.570.960.990.920.870.99-0.990.92-0.27-0.08
0.850.971.0-0.930.980.72-0.880.510.470.560.411.00.820.960.980.430.970.980.930.920.99-0.980.9-0.13-0.03
0.860.981.0-0.930.990.75-0.90.480.50.550.391.00.840.970.980.460.960.980.930.910.99-0.990.92-0.16-0.05
-0.65-0.91-0.93-0.93-0.94-0.660.93-0.52-0.26-0.54-0.37-0.93-0.84-0.91-0.91-0.34-0.9-0.92-0.83-0.82-0.940.94-0.910.070.02
0.870.990.980.99-0.940.79-0.930.440.530.540.340.990.850.990.990.50.971.00.930.891.0-1.00.93-0.19-0.06
0.810.830.720.75-0.660.79-0.85-0.190.780.23-0.210.750.670.830.730.820.730.810.680.510.78-0.760.74-0.64-0.34
-0.74-0.92-0.88-0.90.93-0.93-0.85-0.23-0.52-0.4-0.06-0.89-0.84-0.94-0.86-0.61-0.86-0.93-0.77-0.68-0.920.92-0.910.360.18
0.210.380.510.48-0.520.44-0.19-0.23-0.260.450.860.480.440.380.49-0.340.450.40.450.640.45-0.470.430.590.43
0.830.590.470.5-0.260.530.78-0.52-0.260.03-0.320.510.40.610.490.830.50.590.480.310.51-0.50.48-0.68-0.24
0.40.490.560.55-0.540.540.23-0.40.450.030.430.560.370.480.6-0.170.570.50.60.630.54-0.540.410.420.19
0.170.280.410.39-0.370.34-0.21-0.060.86-0.320.430.40.380.270.44-0.420.350.30.430.630.36-0.380.290.720.32
0.870.981.01.0-0.930.990.75-0.890.480.510.560.40.830.980.990.460.970.990.950.921.0-0.990.91-0.15-0.05
0.640.840.820.84-0.840.850.67-0.840.440.40.370.380.830.860.80.460.70.860.650.640.84-0.870.94-0.06-0.01
0.90.990.960.97-0.910.990.83-0.940.380.610.480.270.980.860.970.590.951.00.910.850.99-0.990.94-0.27-0.09
0.870.970.980.98-0.910.990.73-0.860.490.490.60.440.990.80.970.430.980.970.970.950.99-0.980.88-0.1-0.05
0.650.570.430.46-0.340.50.82-0.61-0.340.83-0.17-0.420.460.460.590.430.430.560.390.20.49-0.480.5-0.85-0.43
0.880.960.970.96-0.90.970.73-0.860.450.50.570.350.970.70.950.980.430.960.970.940.97-0.960.83-0.19-0.05
0.890.990.980.98-0.921.00.81-0.930.40.590.50.30.990.861.00.970.560.960.920.870.99-0.990.94-0.24-0.08
0.880.920.930.93-0.830.930.68-0.770.450.480.60.430.950.650.910.970.390.970.920.960.94-0.920.76-0.12-0.11
0.790.870.920.91-0.820.890.51-0.680.640.310.630.630.920.640.850.950.20.940.870.960.9-0.890.730.090.05
0.860.990.990.99-0.941.00.78-0.920.450.510.540.361.00.840.990.990.490.970.990.940.9-1.00.93-0.18-0.06
-0.85-0.99-0.98-0.990.94-1.0-0.760.92-0.47-0.5-0.54-0.38-0.99-0.87-0.99-0.98-0.48-0.96-0.99-0.92-0.89-1.0-0.940.150.04
0.740.920.90.92-0.910.930.74-0.910.430.480.410.290.910.940.940.880.50.830.940.760.730.93-0.94-0.180.0
-0.39-0.27-0.13-0.160.07-0.19-0.640.360.59-0.680.420.72-0.15-0.06-0.27-0.1-0.85-0.19-0.24-0.120.09-0.180.15-0.180.44
-0.13-0.08-0.03-0.050.02-0.06-0.340.180.43-0.240.190.32-0.05-0.01-0.09-0.05-0.43-0.05-0.08-0.110.05-0.060.040.00.44
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NL Industries Account Relationship Matchups

NL Industries fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets557.5M548.2M596.2M609.9M576.7M704.0M
Other Current Liab26.4M24.8M27.2M28.5M26.7M35.6M
Total Current Liabilities29.8M27.5M30.6M32.1M30.4M28.9M
Total Stockholder Equity304.5M311.9M362.5M382.2M369.8M388.3M
Property Plant And Equipment Net31.0M29.0M29.2M28.7M25.9M24.6M
Net Debt(129.2M)(136.5M)(146.5M)(68.4M)(111.0M)(105.5M)
Retained Earnings251M257.9M297.4M300.4M284.5M298.7M
Cash129.7M137.0M147.0M68.9M111.5M85.0M
Non Current Assets Total392.8M377.0M402.5M415.9M358.4M439.3M
Non Currrent Assets Other27.0M26.9M26.9M(8.6M)39.6M37.6M
Cash And Short Term Investments129.7M137.0M147.0M139.0M164.7M89.1M
Net Receivables12.5M11.5M15.6M18.5M17.7M16.8M
Common Stock Shares Outstanding48.7M48.8M48.8M48.8M48.8M40.8M
Liabilities And Stockholders Equity557.5M548.2M596.2M609.9M576.7M704.0M
Non Current Liabilities Total200.5M185.3M180.6M175.1M154.5M146.7M
Inventory18.3M18.3M25.6M31.3M30.7M29.2M
Other Current Assets4.1M4.3M5.4M5.1M5.2M4.9M
Other Stockholder Equity299.1M299.1M299.8M298.6M298.9M368.4M
Total Liab230.3M212.8M211.2M207.1M184.9M175.7M
Property Plant And Equipment Gross31.0M29.0M100.9M103.4M103.6M190.0M
Total Current Assets164.7M171.2M193.6M194.0M218.3M264.7M
Accumulated Other Comprehensive Income(251.7M)(251.2M)(240.8M)(223.0M)(219.6M)(230.6M)
Accounts Payable3.4M2.6M3.4M3.5M3.8M3.6M
Common Stock6.1M6.1M6.1M6.1M6.1M6.7M
Common Stock Total Equity6.1M6.1M6.1M6.1M5.5M5.2M
Other Liab200.0M184.8M180.1M174.6M200.8M137.5M
Other Assets86.3M302.7M28.2M28.3M32.5M47.2M
Short Term Investments4.0M0.018.2M70.2M53.1M55.8M
Property Plant Equipment31.0M29.0M29.2M28.7M25.8M24.5M
Net Tangible Assets277.4M284.7M335.3M355.0M408.2M306.5M
Noncontrolling Interest In Consolidated Entity22.7M23.5M22.5M20.6M18.5M17.6M
Retained Earnings Total Equity251M257.9M297.4M300.4M345.5M224.4M

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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NL Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy NL Industries Stock please use our How to buy in NL Industries Stock guide.
You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Is Commercial Services & Supplies space 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 NL Industries. If investors know NL Industries 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 NL Industries 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
1.382
Dividend Share
0.31
Earnings Share
1.19
Revenue Per Share
3.085
Quarterly Revenue Growth
(0.17)
The market value of NL Industries is measured differently than its book value, which is the value of NL Industries that is recorded on the company's balance sheet. Investors also form their own opinion of NL Industries' value that differs from its market value or its book value, called intrinsic value, which is NL Industries' 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 NL Industries' market value can be influenced by many factors that don't directly affect NL Industries' 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 NL Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if NL Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NL Industries' 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.
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