National Common Stock Total Equity vs Cash And Short Term Investments Analysis

NPK Stock  USD 78.58  0.06  0.08%   
National Presto financial indicator trend analysis is infinitely more than just investigating National Presto Indu recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether National Presto Indu is a good investment. Please check the relationship between National Presto Common Stock Total Equity and its Cash And Short Term Investments accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in National Presto 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 american community survey.

Common Stock Total Equity vs Cash And Short Term Investments

Common Stock Total Equity vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of National Presto Indu Common Stock Total Equity account and Cash And Short Term Investments. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between National Presto's Common Stock Total Equity and Cash And Short Term Investments is -0.1. Overlapping area represents the amount of variation of Common Stock Total Equity that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of National Presto Industries, assuming nothing else is changed. The correlation between historical values of National Presto's Common Stock Total Equity and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Total Equity of National Presto Industries are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Common Stock Total Equity i.e., National Presto's Common Stock Total Equity and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.1
Relationship DirectionNegative 
Relationship StrengthInsignificant

Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of National Presto Indu balance sheet. This account contains National Presto investments that will expire within one year. These investments include stocks and bonds that can be liquidated by National Presto Industries fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Most indicators from National Presto's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into National Presto Indu 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 Presto 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 american community survey.
Tax Provision is expected to rise to about 10.8 M this year, although the value of Selling General Administrative will most likely fall to about 25.6 M.
 2021 2022 2023 2024 (projected)
Gross Profit64.4M55.1M67.5M67.4M
Total Revenue355.8M321.6M340.9M267.0M

National Presto fundamental ratios Correlations

0.06-0.440.660.980.370.480.97-0.430.530.170.080.37-0.090.150.620.33-0.230.550.390.850.430.070.16-0.380.16
0.060.170.22-0.04-0.28-0.43-0.120.5-0.240.01-0.06-0.260.01-0.110.56-0.470.710.390.630.21-0.1-0.050.53-0.380.53
-0.440.17-0.07-0.5-0.33-0.32-0.520.33-0.35-0.2-0.21-0.230.15-0.6-0.17-0.220.310.02-0.2-0.31-0.28-0.63-0.040.04-0.04
0.660.22-0.070.50.330.320.51-0.290.38-0.19-0.270.46-0.18-0.130.510.4-0.230.960.480.550.8-0.160.47-0.530.47
0.98-0.04-0.50.50.340.50.99-0.460.520.250.170.32-0.080.230.560.28-0.220.370.30.840.290.140.06-0.280.06
0.37-0.28-0.330.330.340.560.41-0.550.970.25-0.710.76-0.050.09-0.020.67-0.730.270.42-0.160.53-0.31-0.14-0.61-0.14
0.48-0.43-0.320.320.50.560.56-0.990.620.11-0.330.75-0.110.26-0.010.43-0.650.160.020.190.44-0.1-0.17-0.04-0.17
0.97-0.12-0.520.510.990.410.56-0.520.570.230.120.39-0.120.240.520.36-0.320.370.290.80.350.120.02-0.290.02
-0.430.50.33-0.29-0.46-0.55-0.99-0.52-0.59-0.10.33-0.750.23-0.270.01-0.450.67-0.11-0.01-0.15-0.440.080.150.030.15
0.53-0.24-0.350.380.520.970.620.57-0.590.35-0.640.74-0.020.090.110.63-0.660.30.440.010.47-0.29-0.12-0.62-0.12
0.170.01-0.2-0.190.250.250.110.23-0.10.35-0.13-0.1-0.080.340.31-0.270.15-0.250.24-0.02-0.41-0.080.22-0.230.22
0.08-0.06-0.21-0.270.17-0.71-0.330.120.33-0.64-0.13-0.610.180.29-0.01-0.360.34-0.31-0.490.49-0.330.6-0.10.69-0.1
0.37-0.26-0.230.460.320.760.750.39-0.750.74-0.1-0.61-0.220.07-0.010.7-0.740.390.31-0.020.67-0.2-0.24-0.43-0.24
-0.090.010.15-0.18-0.08-0.05-0.11-0.120.23-0.02-0.080.18-0.220.0-0.54-0.08-0.05-0.11-0.43-0.09-0.110.01-0.430.37-0.43
0.15-0.11-0.6-0.130.230.090.260.24-0.270.090.340.290.070.0-0.03-0.18-0.08-0.27-0.020.120.040.52-0.010.31-0.01
0.620.56-0.170.510.56-0.02-0.010.520.010.110.31-0.01-0.01-0.54-0.03-0.140.420.510.70.660.05-0.030.71-0.580.71
0.33-0.47-0.220.40.280.670.430.36-0.450.63-0.27-0.360.7-0.08-0.18-0.14-0.780.360.060.00.65-0.2-0.23-0.3-0.23
-0.230.710.31-0.23-0.22-0.73-0.65-0.320.67-0.660.150.34-0.74-0.05-0.080.42-0.78-0.120.130.14-0.640.170.490.090.49
0.550.390.020.960.370.270.160.37-0.110.3-0.25-0.310.39-0.11-0.270.510.36-0.120.540.470.76-0.230.49-0.580.49
0.390.63-0.20.480.30.420.020.29-0.010.440.24-0.490.31-0.43-0.020.70.060.130.540.190.31-0.220.5-0.850.5
0.850.21-0.310.550.84-0.160.190.8-0.150.01-0.020.49-0.02-0.090.120.660.00.140.470.190.220.270.26-0.070.26
0.43-0.1-0.280.80.290.530.440.35-0.440.47-0.41-0.330.67-0.110.040.050.65-0.640.760.310.22-0.060.12-0.350.12
0.07-0.05-0.63-0.160.14-0.31-0.10.120.08-0.29-0.080.6-0.20.010.52-0.03-0.20.17-0.23-0.220.27-0.06-0.020.41-0.02
0.160.53-0.040.470.06-0.14-0.170.020.15-0.120.22-0.1-0.24-0.43-0.010.71-0.230.490.490.50.260.12-0.02-0.361.0
-0.38-0.380.04-0.53-0.28-0.61-0.04-0.290.03-0.62-0.230.69-0.430.370.31-0.58-0.30.09-0.58-0.85-0.07-0.350.41-0.36-0.36
0.160.53-0.040.470.06-0.14-0.170.020.15-0.120.22-0.1-0.24-0.43-0.010.71-0.230.490.490.50.260.12-0.021.0-0.36
Click cells to compare fundamentals

National Presto Account Relationship Matchups

National Presto fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets410.3M433.2M420.4M411.8M440.5M362.1M
Other Current Liab15.3M23.4M16.1M21.6M16.9M18.2M
Total Current Liabilities39.3M55.1M53.2M53.6M72.0M52.7M
Total Stockholder Equity368.0M374.3M357.6M348.1M356.3M305.3M
Property Plant And Equipment Net40.8M40.5M46.9M52.5M49.9M35.7M
Net Debt(76.1M)(82.7M)(99.6M)(60.0M)(77.0M)(80.8M)
Retained Earnings362.8M367.6M349.2M338.1M344.2M305.4M
Cash79.6M86.0M109.8M70.7M87.7M69.9M
Non Current Assets Total72.4M75.9M72.3M85.2M80.4M52.4M
Non Currrent Assets Other4.8M6.9M2.9M1.7M5.8M4.2M
Cash And Short Term Investments158.3M155.0M144.0M95.6M114.1M111.8M
Net Receivables44.3M56.5M55.7M73.3M50.4M60.1M
Common Stock Shares Outstanding7.0M7.0M7.1M7.1M7.1M5.7M
Liabilities And Stockholders Equity410.3M433.2M420.4M411.8M440.5M362.1M
Non Current Liabilities Total3.0M3.7M9.6M10.2M12.3M10.7M
Inventory128.5M135.5M143.9M152.1M190.4M199.9M
Other Current Assets6.7M10.2M4.5M5.7M5.2M5.0M
Other Stockholder Equity(2.5M)(874K)964K2.6M4.5M4.8M
Total Liab42.3M58.8M62.8M63.8M84.3M56.8M
Property Plant And Equipment Gross40.8M40.5M135.3M105.4M117.7M123.6M
Total Current Assets337.8M357.2M348.1M326.6M360.1M308.9M
Accumulated Other Comprehensive Income136K154K20K(103K)22K23.1K
Accounts Payable21.7M25.7M32.8M28.9M38.2M29.2M
Short Term Debt520K1.1M1.1M577K678K1.3M
Short Term Investments78.7M69.0M34.2M24.9M26.5M25.1M
Other Assets13.2M17.3M7.5M7.2M2.8M2.6M
Treasury Stock(13.9M)(13.3M)(12.8M)(12.2M)(14.0M)(14.7M)
Property Plant Equipment37.3M40.5M73.4M41.8M48.1M55.5M
Intangible Assets3.1M2.8M2.6M6.9M5.3M6.1M
Net Tangible Assets349.6M356.2M339.7M348.1M400.3M361.6M
Retained Earnings Total Equity362.8M367.6M349.2M338.1M388.8M379.5M
Capital Surpluse11.4M12.4M13.7M14.8M17.0M9.7M
Accumulated Depreciation(56.7M)59.4M61.9M63.6M73.2M76.8M
Long Term Investments7.0M7.2M7.4M7.6M8.8M6.3M

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 National Presto Indu is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if National Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about National Presto Industries Stock. Highlighted below are key reports to facilitate an investment decision about National Presto Industries Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in National Presto 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 american community survey.
You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Is Aerospace & Defense 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 National Presto. If investors know National 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 National Presto 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
0.148
Dividend Share
1
Earnings Share
4.76
Revenue Per Share
49.414
Quarterly Revenue Growth
0.104
The market value of National Presto Indu is measured differently than its book value, which is the value of National that is recorded on the company's balance sheet. Investors also form their own opinion of National Presto's value that differs from its market value or its book value, called intrinsic value, which is National Presto'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 National Presto's market value can be influenced by many factors that don't directly affect National Presto'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 National Presto's value and its price as these two are different measures arrived at by different means. Investors typically determine if National Presto is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, National Presto'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.