National Capital Surpluse vs Long Term Debt Analysis

NESRW Stock

USD 0.58 0.01 1.69%

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 Surpluse and its 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 Surpluse vs Long Term Debt

Capital Surpluse vs 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 Surpluse account and Long Term Debt. At this time, the significance of the direction appears to have very strong relationship.

The correlation between National Energy's Capital Surpluse and Long Term Debt is 0.82. Overlapping area represents the amount of variation of Capital Surpluse that can explain the historical movement of 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 Surpluse and 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 Surpluse of National Energy Services are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Capital Surpluse i.e., National Energy's Capital Surpluse and Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.82

Relationship Direction	Positive
Relationship Strength	Strong

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Capital Surpluse

Long Term Debt

Long-term debt is a debt that National Energy Services has held for over one year. Long-term debt appears on National Energy Services balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on National Energy Services balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

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 Revenue	892.0M	844.0M	1.0B	720.4M
EBITDA	76.7M	217.9M	250.6M	153.5M

Cost Of Revenue Ebitda

National Energy fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Common Stock Shares Outstanding	Non Current Liabilities Total	Total Liab	Net Invested Capital	Total Current Assets	Non Current Liabilities Other	Net Working Capital	Net Debt	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Good Will	Long Term Debt Total	Capital Surpluse	Inventory	Short Long Term Debt	Capital Stock
Total Assets		0.96	0.98	-0.08	0.87	0.83	1.0	-0.97	0.99	0.99	0.99	1.0	0.99	-0.98	0.61	0.82	-0.92	0.83	0.73	0.69	0.75	0.9	0.9	0.9	0.55	0.72
Total Current Liabilities	0.96		0.89	-0.27	0.96	0.79	0.95	-0.86	0.94	0.95	0.99	0.94	0.97	-0.89	0.43	0.93	-0.91	0.83	0.71	0.71	0.85	0.92	0.91	0.95	0.74	0.81
Total Stockholder Equity	0.98	0.89		0.09	0.75	0.76	0.99	-0.99	0.99	0.95	0.93	0.99	0.95	-1.0	0.67	0.7	-0.87	0.73	0.65	0.65	0.64	0.84	0.85	0.82	0.41	0.62
Retained Earnings	-0.08	-0.27	0.09		-0.47	-0.16	-0.06	-0.12	-0.05	-0.13	-0.2	-0.01	-0.1	-0.07	0.53	-0.55	0.05	-0.32	-0.21	-0.01	-0.49	-0.12	-0.04	-0.28	-0.63	-0.59
Accounts Payable	0.87	0.96	0.75	-0.47		0.8	0.85	-0.72	0.83	0.89	0.94	0.83	0.9	-0.75	0.3	0.97	-0.85	0.86	0.74	0.69	0.89	0.88	0.85	0.93	0.81	0.84
Cash	0.83	0.79	0.76	-0.16	0.8		0.79	-0.77	0.78	0.89	0.85	0.82	0.88	-0.77	0.73	0.73	-0.82	0.97	0.98	0.7	0.61	0.77	0.8	0.78	0.35	0.62
Non Current Assets Total	1.0	0.95	0.99	-0.06	0.85	0.79		-0.97	1.0	0.98	0.98	1.0	0.98	-0.98	0.6	0.8	-0.9	0.79	0.69	0.66	0.73	0.89	0.89	0.88	0.54	0.71
Non Currrent Assets Other	-0.97	-0.86	-0.99	-0.12	-0.72	-0.77	-0.97		-0.98	-0.95	-0.92	-0.98	-0.94	1.0	-0.72	-0.65	0.84	-0.73	-0.67	-0.62	-0.58	-0.8	-0.82	-0.77	-0.35	-0.57
Common Stock Shares Outstanding	0.99	0.94	0.99	-0.05	0.83	0.78	1.0	-0.98		0.97	0.97	1.0	0.97	-0.99	0.6	0.78	-0.88	0.78	0.68	0.66	0.71	0.87	0.87	0.86	0.51	0.7
Non Current Liabilities Total	0.99	0.95	0.95	-0.13	0.89	0.89	0.98	-0.95	0.97		0.99	0.98	0.99	-0.96	0.65	0.84	-0.93	0.89	0.81	0.69	0.73	0.9	0.91	0.9	0.52	0.72
Total Liab	0.99	0.99	0.93	-0.2	0.94	0.85	0.98	-0.92	0.97	0.99		0.97	0.99	-0.93	0.55	0.89	-0.93	0.87	0.77	0.7	0.8	0.92	0.92	0.94	0.64	0.77
Net Invested Capital	1.0	0.94	0.99	-0.01	0.83	0.82	1.0	-0.98	1.0	0.98	0.97		0.98	-0.99	0.66	0.77	-0.9	0.81	0.73	0.67	0.69	0.88	0.89	0.87	0.48	0.68
Total Current Assets	0.99	0.97	0.95	-0.1	0.9	0.88	0.98	-0.94	0.97	0.99	0.99	0.98		-0.95	0.63	0.84	-0.94	0.88	0.8	0.74	0.77	0.92	0.93	0.92	0.56	0.74
Non Current Liabilities Other	-0.98	-0.89	-1.0	-0.07	-0.75	-0.77	-0.98	1.0	-0.99	-0.96	-0.93	-0.99	-0.95		-0.68	-0.7	0.85	-0.75	-0.66	-0.61	-0.61	-0.81	-0.83	-0.8	-0.41	-0.61
Net Working Capital	0.61	0.43	0.67	0.53	0.3	0.73	0.6	-0.72	0.6	0.65	0.55	0.66	0.63	-0.68		0.17	-0.6	0.58	0.68	0.49	0.11	0.52	0.6	0.37	-0.24	0.04
Net Debt	0.82	0.93	0.7	-0.55	0.97	0.73	0.8	-0.65	0.78	0.84	0.89	0.77	0.84	-0.7	0.17		-0.83	0.84	0.67	0.59	0.88	0.85	0.82	0.95	0.86	0.91
Other Assets	-0.92	-0.91	-0.87	0.05	-0.85	-0.82	-0.9	0.84	-0.88	-0.93	-0.93	-0.9	-0.94	0.85	-0.6	-0.83		-0.85	-0.76	-0.73	-0.76	-0.98	-0.99	-0.94	-0.52	-0.69
Long Term Debt	0.83	0.83	0.73	-0.32	0.86	0.97	0.79	-0.73	0.78	0.89	0.87	0.81	0.88	-0.75	0.58	0.84	-0.85		0.95	0.64	0.68	0.81	0.82	0.86	0.49	0.74
Cash And Short Term Investments	0.73	0.71	0.65	-0.21	0.74	0.98	0.69	-0.67	0.68	0.81	0.77	0.73	0.8	-0.66	0.68	0.67	-0.76	0.95		0.71	0.6	0.72	0.74	0.71	0.29	0.61
Net Receivables	0.69	0.71	0.65	-0.01	0.69	0.7	0.66	-0.62	0.66	0.69	0.7	0.67	0.74	-0.61	0.49	0.59	-0.73	0.64	0.71		0.81	0.78	0.73	0.69	0.38	0.64
Good Will	0.75	0.85	0.64	-0.49	0.89	0.61	0.73	-0.58	0.71	0.73	0.8	0.69	0.77	-0.61	0.11	0.88	-0.76	0.68	0.6	0.81		0.84	0.75	0.84	0.76	0.9
Long Term Debt Total	0.9	0.92	0.84	-0.12	0.88	0.77	0.89	-0.8	0.87	0.9	0.92	0.88	0.92	-0.81	0.52	0.85	-0.98	0.81	0.72	0.78	0.84		0.99	0.93	0.56	0.72
Capital Surpluse	0.9	0.91	0.85	-0.04	0.85	0.8	0.89	-0.82	0.87	0.91	0.92	0.89	0.93	-0.83	0.6	0.82	-0.99	0.82	0.74	0.73	0.75	0.99		0.92	0.52	0.65
Inventory	0.9	0.95	0.82	-0.28	0.93	0.78	0.88	-0.77	0.86	0.9	0.94	0.87	0.92	-0.8	0.37	0.95	-0.94	0.86	0.71	0.69	0.84	0.93	0.92		0.76	0.86
Short Long Term Debt	0.55	0.74	0.41	-0.63	0.81	0.35	0.54	-0.35	0.51	0.52	0.64	0.48	0.56	-0.41	-0.24	0.86	-0.52	0.49	0.29	0.38	0.76	0.56	0.52	0.76		0.78
Capital Stock	0.72	0.81	0.62	-0.59	0.84	0.62	0.71	-0.57	0.7	0.72	0.77	0.68	0.74	-0.61	0.04	0.91	-0.69	0.74	0.61	0.64	0.9	0.72	0.65	0.86	0.78

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National Energy Account Relationship Matchups

National Energy fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.5B	1.7B	1.8B	1.8B	1.8B	1.6B
Other Current Liab	25.6M	104.2M	17.8M	26.2M	31.1M	36.9M
Total Current Liabilities	228.1M	359.4M	431.9M	544.1M	533.4M	365.1M
Total Stockholder Equity	886.5M	944.4M	821.0M	802.3M	821.5M	836.9M
Retained Earnings	67.7M	117.7M	(35.8M)	(75.0M)	(62.4M)	(59.3M)
Accounts Payable	65.7M	144.6M	314.6M	353.5M	351.2M	204.2M
Cash	73.2M	75.0M	205.8M	78.9M	67.8M	82.7M
Non Current Assets Total	1.1B	1.2B	1.2B	1.3B	1.3B	1.1B
Non Currrent Assets Other	2.4M	2.8M	11.7M	51.5M	52.3M	40.9M
Common Stock Shares Outstanding	87.2M	89.1M	91.0M	94.0M	94.7M	89.6M
Non Current Liabilities Total	407.8M	383.3M	578.4M	481.9M	442.8M	407.4M
Other Current Assets	52.4M	15.4M	12.5M	16.7M	20.0M	19.3M
Total Liab	635.9M	742.6M	1.0B	1.0B	976.2M	772.5M
Net Invested Capital	1.3B	1.3B	1.4B	1.3B	1.3B	1.3B
Total Current Assets	403.2M	515.2M	627.4M	537.8M	541.7M	459.8M
Non Current Liabilities Other	34.2M	32.1M	37.2M	40.6M	57.2M	45.6M
Net Working Capital	175.1M	155.9M	195.5M	(6.3M)	8.3M	7.9M
Net Debt	310.3M	323.5M	390.1M	456.2M	416.9M	398.6M
Long Term Debt	330.6M	308.6M	508.8M	391.9M	331.6M	384.4M
Cash And Short Term Investments	73.2M	75.0M	205.8M	67.8M	78.0M	98.3M
Net Receivables	175.1M	330.5M	315.3M	148.7M	355.5M	271.9M
Inventory	78.8M	94.3M	93.9M	110.5M	98.4M	97.9M
Short Long Term Debt	53.0M	89.9M	87.1M	143.2M	120.6M	104.6M
Short Term Debt	38.0M	89.9M	87.1M	128.0M	147.2M	82.4M
Intangible Assets	122.7M	110.4M	121.6M	102.9M	84.3M	90.7M

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National Capital Surpluse vs Long Term Debt Analysis

Capital Surpluse vs Long Term Debt

Capital Surpluse vs Long Term Debt Correlation Analysis

Correlation Coefficient

Capital Surpluse

Long Term Debt

National Energy fundamental ratios Correlations

National Energy Account Relationship Matchups

High Positive Relationship

High Negative Relationship

National Energy fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Net Invested Capital	+ 1.0	Total Assets
Common Stock Shares Outstanding	+ 1.0	Non Current Assets Total
Net Invested Capital	+ 1.0	Non Current Assets Total
Non Current Liabilities Other	+ 1.0	Non Currrent Assets Other
Net Invested Capital	+ 1.0	Common Stock Shares Outstanding

Non Current Liabilities Other	- 1.0	Total Stockholder Equity
Capital Surpluse	- 0.99	Other Assets
Non Current Liabilities Other	- 0.99	Net Invested Capital
Non Current Liabilities Other	- 0.99	Common Stock Shares Outstanding
Non Currrent Assets Other	- 0.99	Total Stockholder Equity
Long Term Debt Total	- 0.98	Other Assets