NewMarket Total Revenue vs Ebitda Analysis

NEU Stock  USD 533.56  7.41  1.37%   
NewMarket financial indicator trend analysis is infinitely more than just investigating NewMarket recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether NewMarket is a good investment. Please check the relationship between NewMarket Total Revenue and its Ebitda accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NewMarket. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
For more information on how to buy NewMarket Stock please use our How to Invest in NewMarket guide.

Total Revenue vs Ebitda

Total Revenue vs Ebitda Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NewMarket Total Revenue account and Ebitda. At this time, the significance of the direction appears to have very strong relationship.
The correlation between NewMarket's Total Revenue and Ebitda is 0.82. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Ebitda in the same time period over historical financial statements of NewMarket, assuming nothing else is changed. The correlation between historical values of NewMarket's Total Revenue and Ebitda 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 Revenue of NewMarket are associated (or correlated) with its Ebitda. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebitda has no effect on the direction of Total Revenue i.e., NewMarket's Total Revenue and Ebitda go up and down completely randomly.

Correlation Coefficient

0.82
Relationship DirectionPositive 
Relationship StrengthStrong

Total Revenue

Total revenue comprises all receipts NewMarket generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Ebitda

Most indicators from NewMarket's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into NewMarket 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 NewMarket. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
For more information on how to buy NewMarket Stock please use our How to Invest in NewMarket guide.At this time, NewMarket's Selling General Administrative is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.08 in 2024, whereas Tax Provision is likely to drop slightly above 65.5 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit547.7M640.5M772.5M450.0M
Total Revenue2.4B2.8B2.7B1.9B

NewMarket fundamental ratios Correlations

0.79-0.010.810.610.820.90.82-0.180.860.190.420.81-0.380.860.730.54-0.580.920.79-0.08-0.510.92-0.070.260.66
0.790.050.840.180.590.90.45-0.20.53-0.110.460.73-0.520.810.790.17-0.450.90.810.24-0.630.84-0.280.260.28
-0.010.050.00.02-0.02-0.060.02-0.040.070.18-0.02-0.190.46-0.18-0.190.020.26-0.12-0.160.20.27-0.10.54-0.630.05
0.810.840.00.290.520.840.5-0.120.52-0.110.780.66-0.40.660.660.4-0.480.860.880.36-0.480.78-0.210.40.38
0.610.180.020.290.760.360.63-0.140.820.760.070.330.040.510.130.73-0.420.440.18-0.31-0.30.40.180.020.91
0.820.59-0.020.520.760.740.71-0.280.940.390.130.51-0.240.850.430.52-0.540.780.41-0.39-0.480.640.010.180.69
0.90.9-0.060.840.360.740.55-0.390.730.060.390.73-0.420.910.790.4-0.50.970.78-0.07-0.510.86-0.160.30.48
0.820.450.020.50.630.710.550.020.750.120.20.7-0.330.530.510.53-0.550.580.55-0.22-0.360.75-0.020.230.54
-0.18-0.2-0.04-0.12-0.14-0.28-0.390.02-0.34-0.310.36-0.02-0.13-0.28-0.17-0.410.02-0.240.080.43-0.17-0.06-0.15-0.18-0.29
0.860.530.070.520.820.940.730.75-0.340.540.110.5-0.030.790.390.61-0.420.740.38-0.4-0.30.650.250.070.84
0.19-0.110.18-0.110.760.390.060.12-0.310.54-0.31-0.040.430.23-0.160.520.030.08-0.25-0.410.020.00.47-0.410.81
0.420.46-0.020.780.070.130.390.20.360.11-0.310.27-0.210.210.220.09-0.250.460.660.65-0.290.38-0.150.330.1
0.810.73-0.190.660.330.510.730.7-0.020.5-0.040.27-0.740.710.940.36-0.60.770.880.05-0.660.95-0.480.320.34
-0.38-0.520.46-0.40.04-0.24-0.42-0.33-0.13-0.030.43-0.21-0.74-0.47-0.77-0.070.63-0.5-0.7-0.140.79-0.620.93-0.520.15
0.860.81-0.180.660.510.850.910.53-0.280.790.230.210.71-0.470.740.39-0.590.950.66-0.21-0.650.82-0.250.250.57
0.730.79-0.190.660.130.430.790.51-0.170.39-0.160.220.94-0.770.740.31-0.620.80.880.06-0.650.91-0.560.360.21
0.540.170.020.40.730.520.40.53-0.410.610.520.090.36-0.070.390.31-0.570.420.31-0.28-0.190.430.030.220.75
-0.58-0.450.26-0.48-0.42-0.54-0.5-0.550.02-0.420.03-0.25-0.60.63-0.59-0.62-0.57-0.59-0.60.050.69-0.650.52-0.55-0.4
0.920.9-0.120.860.440.780.970.58-0.240.740.080.460.77-0.50.950.80.42-0.590.830.0-0.630.89-0.250.330.52
0.790.81-0.160.880.180.410.780.550.080.38-0.250.660.88-0.70.660.880.31-0.60.830.36-0.650.91-0.50.430.24
-0.080.240.20.36-0.31-0.39-0.07-0.220.43-0.4-0.410.650.05-0.14-0.210.06-0.280.050.00.36-0.120.05-0.230.12-0.3
-0.51-0.630.27-0.48-0.3-0.48-0.51-0.36-0.17-0.30.02-0.29-0.660.79-0.65-0.65-0.190.69-0.63-0.65-0.12-0.650.67-0.21-0.25
0.920.84-0.10.780.40.640.860.75-0.060.650.00.380.95-0.620.820.910.43-0.650.890.910.05-0.65-0.330.30.47
-0.07-0.280.54-0.210.180.01-0.16-0.02-0.150.250.47-0.15-0.480.93-0.25-0.560.030.52-0.25-0.5-0.230.67-0.33-0.560.33
0.260.26-0.630.40.020.180.30.23-0.180.07-0.410.330.32-0.520.250.360.22-0.550.330.430.12-0.210.3-0.56-0.05
0.660.280.050.380.910.690.480.54-0.290.840.810.10.340.150.570.210.75-0.40.520.24-0.3-0.250.470.33-0.05
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NewMarket Account Relationship Matchups

NewMarket fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.9B1.9B2.6B2.4B2.3B1.6B
Short Long Term Debt Total703.8M660.6M1.2B1.1B733.6M560.3M
Other Current Liab8.9M105.3M109.4M118.9M106.9M79.4M
Total Current Liabilities308.9M312.5M725.1M423.9M364.2M268.0M
Total Stockholder Equity683.1M759.8M762.1M762.4M1.1B1.1B
Property Plant And Equipment Net695.9M726.5M745.2M722.4M760.3M798.4M
Net Debt559.4M535.4M1.1B997.6M621.7M458.2M
Retained Earnings843.9M932.3M844.4M834.4M1.1B606.6M
Cash144.4M125.2M83.3M68.7M111.9M78.1M
Non Current Assets Total1.0B1.0B1.2B1.2B1.3B1.1B
Non Currrent Assets Other4.9M5.5M4.8M359.6M381.6M666.9M
Cash And Short Term Investments144.4M125.2M459.2M68.7M111.9M88.7M
Net Receivables335.8M336.4M391.8M453.7M432.3M279.3M
Common Stock Shares Outstanding11.2M11.0M10.8M10.0M9.6M14.0M
Liabilities And Stockholders Equity1.9B1.9B2.6B2.4B2.3B1.6B
Non Current Liabilities Total893.1M861.6M1.1B1.2B867.6M975.4M
Inventory365.9M401.0M498.5M631.4M456.2M277.5M
Other Current Assets8.3M35.5M38.6M38.3M39.1M41.0M
Other Stockholder Equity252K(173.2M)(82.2M)(72.0M)(64.8M)(61.6M)
Total Liab1.2B1.2B1.8B1.6B1.2B1.2B
Total Current Assets879.4M898.1M1.4B1.2B1.0B675.4M
Short Term Debt14.0M13.4M365.1M15.6M15.1M14.3M
Intangible Assets8.9M6.0M3.8M2.4M901K856.0K
Accounts Payable178.8M189.9M246.1M273.3M231.1M127.7M
Accumulated Other Comprehensive Income(162.7M)(173.2M)(82.2M)(72.0M)(21.1M)(22.1M)
Other Liab192.3M214.4M228.8M147.4M169.5M168.5M
Other Assets165.1M240.7M297.3M326.3M375.3M394.0M
Long Term Debt642.9M598.8M789.9M1.0B643.6M450.9M
Good Will123.0M124.0M123.9M123.7M123.7M129.9M
Property Plant Equipment635.4M665.1M745.2M660.0M759.0M413.0M
Property Plant And Equipment Gross708.8M737.3M745.2M722.4M1.8B1.8B
Net Tangible Assets551.2M629.9M634.4M636.3M731.8M551.4M
Retained Earnings Total Equity843.9M932.3M844.4M834.4M959.6M760.6M
Long Term Debt Total642.9M598.8M789.9M1.0B1.2B592.2M
Deferred Long Term Liab1.5M42.3M54.7M1.1M1.3M1.2M
Non Current Liabilities Other250.2M262.7M228.8M169.8M14.0M13.3M

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Additional Tools for NewMarket Stock Analysis

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