Newpark Total Assets from 2010 to 2024

NR Stock  USD 7.77  0.37  5.00%   
Newpark Resources Total Assets yearly trend continues to be relatively stable with very little volatility. Total Assets are likely to drop to about 628.4 M. Total Assets is 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. View All Fundamentals
 
Total Assets  
First Reported
1989-12-31
Previous Quarter
624.8 M
Current Value
389.6 M
Quarterly Volatility
287.2 M
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Newpark Resources financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Newpark Resources' main balance sheet or income statement drivers, such as Depreciation And Amortization of 29.3 M, Interest Expense of 8.5 M or Total Revenue of 549.7 M, as well as many indicators such as Price To Sales Ratio of 0.73, Dividend Yield of 0.0021 or PTB Ratio of 2.39. Newpark financial statements analysis is a perfect complement when working with Newpark Resources Valuation or Volatility modules.
  
Check out the analysis of Newpark Resources Correlation against competitors.
To learn how to invest in Newpark Stock, please use our How to Invest in Newpark Resources guide.

Latest Newpark Resources' Total Assets Growth Pattern

Below is the plot of the Total Assets of Newpark Resources over the last few years. Total assets refers to the total amount of Newpark Resources 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 Newpark Resources 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. It is 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. Newpark Resources' Total Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Newpark Resources' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 642.34 M10 Years Trend
Very volatile
   Total Assets   
       Timeline  

Newpark Total Assets Regression Statistics

Arithmetic Mean781,001,353
Geometric Mean663,902,843
Coefficient Of Variation30.90
Mean Deviation160,883,976
Median848,893,000
Standard Deviation241,347,130
Sample Variance58248.4T
Range988.4M
R-Value(0.02)
Mean Square Error62710T
R-Squared0.0003
Significance0.95
Slope(940,650)
Total Sum of Squares815478.1T

Newpark Total Assets History

2024628.4 M
2023642.3 M
2022714.9 M
2021752.9 M
2020709.2 M
2019900.1 M
2018915.9 M

Other Fundumenentals of Newpark Resources

Newpark Resources Total Assets component correlations

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0.980.560.830.830.860.93-0.080.430.820.650.030.59-0.31-0.12-0.19-0.480.50.020.08-0.14-0.030.050.240.19-0.26
0.690.560.30.790.820.71-0.350.650.790.20.50.080.180.5-0.520.170.060.48-0.30.45-0.260.190.330.29-0.34
0.810.830.30.650.70.8-0.10.130.610.260.260.56-0.13-0.14-0.16-0.370.810.23-0.19-0.01-0.10.410.540.49-0.43
0.910.830.790.650.950.96-0.340.450.960.360.390.170.050.28-0.53-0.040.310.4-0.240.18-0.250.30.350.4-0.28
0.950.860.820.70.950.97-0.340.590.940.390.390.32-0.030.25-0.44-0.130.340.42-0.220.14-0.250.280.360.39-0.24
0.980.930.710.80.960.97-0.260.420.930.440.320.36-0.10.14-0.37-0.210.450.33-0.170.07-0.190.30.390.41-0.33
-0.2-0.08-0.35-0.1-0.34-0.34-0.26-0.38-0.40.08-0.640.14-0.37-0.290.14-0.25-0.01-0.730.15-0.410.98-0.13-0.2-0.390.0
0.520.430.650.130.450.590.42-0.380.530.420.10.210.10.22-0.35-0.16-0.160.210.140.12-0.27-0.27-0.13-0.140.24
0.90.820.790.610.960.940.93-0.40.530.490.330.190.020.17-0.43-0.180.20.34-0.060.13-0.320.110.20.28-0.18
0.560.650.20.260.360.390.440.080.420.49-0.580.53-0.63-0.550.25-0.81-0.1-0.540.77-0.560.12-0.69-0.49-0.450.31
0.190.030.50.260.390.390.32-0.640.10.33-0.58-0.240.570.64-0.390.610.340.97-0.760.69-0.650.750.760.81-0.57
0.490.590.080.560.170.320.360.140.210.190.53-0.24-0.69-0.630.4-0.710.54-0.250.36-0.360.15-0.190.160.04-0.13
-0.2-0.310.18-0.130.05-0.03-0.1-0.370.10.02-0.630.57-0.690.7-0.740.7-0.10.58-0.580.76-0.370.420.220.23-0.14
0.03-0.120.5-0.140.280.250.14-0.290.220.17-0.550.64-0.630.7-0.690.87-0.160.65-0.720.66-0.240.570.370.35-0.29
-0.3-0.19-0.52-0.16-0.53-0.44-0.370.14-0.35-0.430.25-0.390.4-0.74-0.69-0.50.02-0.430.52-0.630.06-0.41-0.23-0.230.09
-0.35-0.480.17-0.37-0.04-0.13-0.21-0.25-0.16-0.18-0.810.61-0.710.70.87-0.5-0.170.59-0.730.69-0.230.590.370.37-0.29
0.450.50.060.810.310.340.45-0.01-0.160.2-0.10.340.54-0.1-0.160.02-0.170.25-0.370.1-0.080.540.790.68-0.65
0.190.020.480.230.40.420.33-0.730.210.34-0.540.97-0.250.580.65-0.430.590.25-0.710.67-0.70.710.660.75-0.38
-0.040.08-0.3-0.19-0.24-0.22-0.170.150.14-0.060.77-0.760.36-0.58-0.720.52-0.73-0.37-0.71-0.60.14-0.91-0.73-0.650.52
-0.02-0.140.45-0.010.180.140.07-0.410.120.13-0.560.69-0.360.760.66-0.630.690.10.67-0.6-0.40.470.490.46-0.39
-0.13-0.03-0.26-0.1-0.25-0.25-0.190.98-0.27-0.320.12-0.650.15-0.37-0.240.06-0.23-0.08-0.70.14-0.4-0.13-0.24-0.420.09
0.150.050.190.410.30.280.3-0.13-0.270.11-0.690.75-0.190.420.57-0.410.590.540.71-0.910.47-0.130.820.81-0.59
0.30.240.330.540.350.360.39-0.2-0.130.2-0.490.760.160.220.37-0.230.370.790.66-0.730.49-0.240.820.91-0.84
0.280.190.290.490.40.390.41-0.39-0.140.28-0.450.810.040.230.35-0.230.370.680.75-0.650.46-0.420.810.91-0.65
-0.26-0.26-0.34-0.43-0.28-0.24-0.330.00.24-0.180.31-0.57-0.13-0.14-0.290.09-0.29-0.65-0.380.52-0.390.09-0.59-0.84-0.65
Click cells to compare fundamentals

About Newpark Resources Financial Statements

Newpark Resources shareholders use historical fundamental indicators, such as Total Assets, to determine how well the company is positioned to perform in the future. Although Newpark Resources investors may analyze each financial statement separately, they are all interrelated. The changes in Newpark Resources' assets and liabilities, for example, are also reflected in the revenues and expenses on on Newpark Resources' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Total Assets642.3 M628.4 M
Intangibles To Total Assets 0.10  0.14 

Pair Trading with Newpark Resources

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Newpark Resources position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Newpark Resources will appreciate offsetting losses from the drop in the long position's value.

Moving together with Newpark Stock

  0.82VTOL Bristow GroupPairCorr

Moving against Newpark Stock

  0.49DWSN Dawson GeophysicalPairCorr
  0.32TS Tenaris SA ADR Sell-off TrendPairCorr
The ability to find closely correlated positions to Newpark Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Newpark Resources when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Newpark Resources - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Newpark Resources to buy it.
The correlation of Newpark Resources is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Newpark Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Newpark Resources moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Newpark Resources can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Newpark Stock Analysis

When running Newpark Resources' price analysis, check to measure Newpark Resources' 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 Newpark Resources is operating at the current time. Most of Newpark Resources' value examination focuses on studying past and present price action to predict the probability of Newpark Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Newpark Resources' price. Additionally, you may evaluate how the addition of Newpark Resources to your portfolios can decrease your overall portfolio volatility.