National Common Stock Shares Outstanding vs Capital Surpluse Analysis

NESRW Stock

USD 0.55 0.03 5.77%

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 Common Stock Shares Outstanding and its Capital Surpluse 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.

Common Stock Shares Outstanding vs Capital Surpluse

Common Stock Shares Outstanding vs Capital Surpluse Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of National Energy Services Common Stock Shares Outstanding account and Capital Surpluse. At this time, the significance of the direction appears to have very strong relationship.

The correlation between National Energy's Common Stock Shares Outstanding and Capital Surpluse is 0.87. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Capital Surpluse 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 Common Stock Shares Outstanding and Capital Surpluse 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 Shares Outstanding of National Energy Services are associated (or correlated) with its Capital Surpluse. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Surpluse has no effect on the direction of Common Stock Shares Outstanding i.e., National Energy's Common Stock Shares Outstanding and Capital Surpluse go up and down completely randomly.

Correlation Coefficient

0.87

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Capital Surpluse

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

Click cells to compare fundamentals

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

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

ESRT	Empire State Realty
C	Citigroup
C	Citigroup

Additional Tools for National Stock Analysis

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

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

National Common Stock Shares Outstanding vs Capital Surpluse Analysis

Common Stock Shares Outstanding vs Capital Surpluse

Common Stock Shares Outstanding vs Capital Surpluse Correlation Analysis

Correlation Coefficient

Common Stock Shares Outstanding

Capital Surpluse

National Energy fundamental ratios Correlations

National Energy Account Relationship Matchups

High Positive Relationship

High Negative Relationship

National Energy fundamental ratios Accounts

Also Currently Popular

Additional Tools for National Stock Analysis

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