National Total Assets vs Net Working Capital 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 Total Assets and its Net Working Capital 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.
Total Assets vs Net Working Capital
Total Assets vs Net Working Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of National Presto Indu Total Assets account and Net Working Capital. At this time, the significance of the direction appears to have almost no relationship.
The correlation between National Presto's Total Assets and Net Working Capital is 0.13. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Net Working Capital 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 Total Assets and Net Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of National Presto Industries are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Total Assets i.e., National Presto's Total Assets and Net Working Capital go up and down completely randomly.
Correlation Coefficient | 0.13 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Total Assets
Total assets refers to the total amount of National Presto assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in National Presto Indu books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Net Working Capital
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 Profit | 64.4M | 55.1M | 67.5M | 67.4M | Total Revenue | 355.8M | 321.6M | 340.9M | 267.0M |
National Presto fundamental ratios Correlations
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National Presto Account Relationship Matchups
High Positive Relationship
High Negative Relationship
National Presto fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 410.3M | 433.2M | 420.4M | 411.8M | 440.5M | 362.1M | |
Other Current Liab | 15.3M | 23.4M | 16.1M | 21.6M | 16.9M | 18.2M | |
Total Current Liabilities | 39.3M | 55.1M | 53.2M | 53.6M | 72.0M | 52.7M | |
Total Stockholder Equity | 368.0M | 374.3M | 357.6M | 348.1M | 356.3M | 305.3M | |
Property Plant And Equipment Net | 40.8M | 40.5M | 46.9M | 52.5M | 49.9M | 35.7M | |
Net Debt | (76.1M) | (82.7M) | (99.6M) | (60.0M) | (77.0M) | (80.8M) | |
Retained Earnings | 362.8M | 367.6M | 349.2M | 338.1M | 344.2M | 305.4M | |
Cash | 79.6M | 86.0M | 109.8M | 70.7M | 87.7M | 69.9M | |
Non Current Assets Total | 72.4M | 75.9M | 72.3M | 85.2M | 80.4M | 52.4M | |
Non Currrent Assets Other | 4.8M | 6.9M | 2.9M | 1.7M | 5.8M | 4.2M | |
Cash And Short Term Investments | 158.3M | 155.0M | 144.0M | 95.6M | 114.1M | 111.8M | |
Net Receivables | 44.3M | 56.5M | 55.7M | 73.3M | 50.4M | 60.1M | |
Common Stock Shares Outstanding | 7.0M | 7.0M | 7.1M | 7.1M | 7.1M | 5.7M | |
Liabilities And Stockholders Equity | 410.3M | 433.2M | 420.4M | 411.8M | 440.5M | 362.1M | |
Non Current Liabilities Total | 3.0M | 3.7M | 9.6M | 10.2M | 12.3M | 10.7M | |
Inventory | 128.5M | 135.5M | 143.9M | 152.1M | 190.4M | 199.9M | |
Other Current Assets | 6.7M | 10.2M | 4.5M | 5.7M | 5.2M | 5.0M | |
Other Stockholder Equity | (2.5M) | (874K) | 964K | 2.6M | 4.5M | 4.8M | |
Total Liab | 42.3M | 58.8M | 62.8M | 63.8M | 84.3M | 56.8M | |
Property Plant And Equipment Gross | 40.8M | 40.5M | 135.3M | 105.4M | 117.7M | 123.6M | |
Total Current Assets | 337.8M | 357.2M | 348.1M | 326.6M | 360.1M | 308.9M | |
Accumulated Other Comprehensive Income | 136K | 154K | 20K | (103K) | 22K | 23.1K | |
Accounts Payable | 21.7M | 25.7M | 32.8M | 28.9M | 38.2M | 29.2M | |
Short Term Debt | 520K | 1.1M | 1.1M | 577K | 678K | 1.3M | |
Short Term Investments | 78.7M | 69.0M | 34.2M | 24.9M | 26.5M | 25.1M | |
Other Assets | 13.2M | 17.3M | 7.5M | 7.2M | 2.8M | 2.6M | |
Treasury Stock | (13.9M) | (13.3M) | (12.8M) | (12.2M) | (14.0M) | (14.7M) | |
Property Plant Equipment | 37.3M | 40.5M | 73.4M | 41.8M | 48.1M | 55.5M | |
Intangible Assets | 3.1M | 2.8M | 2.6M | 6.9M | 5.3M | 6.1M | |
Net Tangible Assets | 349.6M | 356.2M | 339.7M | 348.1M | 400.3M | 361.6M | |
Retained Earnings Total Equity | 362.8M | 367.6M | 349.2M | 338.1M | 388.8M | 379.5M | |
Capital Surpluse | 11.4M | 12.4M | 13.7M | 14.8M | 17.0M | 9.7M | |
Accumulated Depreciation | (56.7M) | 59.4M | 61.9M | 63.6M | 73.2M | 76.8M | |
Long Term Investments | 7.0M | 7.2M | 7.4M | 7.6M | 8.8M | 6.3M |
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Try AI Portfolio ArchitectCheck 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 Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
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.