NL Industries Net Income From Continuing Ops vs Depreciation And Amortization Analysis

NL Stock  USD 7.95  0.02  0.25%   
NL Industries financial indicator trend analysis is infinitely more than just investigating NL Industries recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether NL Industries is a good investment. Please check the relationship between NL Industries Net Income From Continuing Ops and its Depreciation And Amortization accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NL 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 bureau of economic analysis.
For more information on how to buy NL Industries Stock please use our How to buy in NL Industries Stock guide.

Net Income From Continuing Ops vs Depreciation And Amortization

Net Income From Continuing Ops vs Depreciation And Amortization Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NL Industries Net Income From Continuing Ops account and Depreciation And Amortization. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between NL Industries' Net Income From Continuing Ops and Depreciation And Amortization is 0.42. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Depreciation And Amortization in the same time period over historical financial statements of NL Industries, assuming nothing else is changed. The correlation between historical values of NL Industries' Net Income From Continuing Ops and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income From Continuing Ops of NL Industries are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Net Income From Continuing Ops i.e., NL Industries' Net Income From Continuing Ops and Depreciation And Amortization go up and down completely randomly.

Correlation Coefficient

0.42
Relationship DirectionPositive 
Relationship StrengthWeak

Net Income From Continuing Ops

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
Most indicators from NL Industries' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into NL Industries 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 NL 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 bureau of economic analysis.
For more information on how to buy NL Industries Stock please use our How to buy in NL Industries Stock guide.Enterprise Value is expected to rise to about 1 B this year, although the value of Selling General Administrative will most likely fall to about 23.9 M.
 2021 2022 2023 2024 (projected)
Gross Profit42.7M48.8M49.2M46.8M
Total Revenue140.8M166.6M161.3M153.2M

NL Industries fundamental ratios Correlations

0.890.850.86-0.650.870.81-0.740.210.830.40.170.870.640.90.870.650.880.890.880.790.86-0.850.74-0.39-0.13
0.890.970.98-0.910.990.83-0.920.380.590.490.280.980.840.990.970.570.960.990.920.870.99-0.990.92-0.27-0.08
0.850.971.0-0.930.980.72-0.880.510.470.560.411.00.820.960.980.430.970.980.930.920.99-0.980.9-0.13-0.03
0.860.981.0-0.930.990.75-0.90.480.50.550.391.00.840.970.980.460.960.980.930.910.99-0.990.92-0.16-0.05
-0.65-0.91-0.93-0.93-0.94-0.660.93-0.52-0.26-0.54-0.37-0.93-0.84-0.91-0.91-0.34-0.9-0.92-0.83-0.82-0.940.94-0.910.070.02
0.870.990.980.99-0.940.79-0.930.440.530.540.340.990.850.990.990.50.971.00.930.891.0-1.00.93-0.19-0.06
0.810.830.720.75-0.660.79-0.85-0.190.780.23-0.210.750.670.830.730.820.730.810.680.510.78-0.760.74-0.64-0.34
-0.74-0.92-0.88-0.90.93-0.93-0.85-0.23-0.52-0.4-0.06-0.89-0.84-0.94-0.86-0.61-0.86-0.93-0.77-0.68-0.920.92-0.910.360.18
0.210.380.510.48-0.520.44-0.19-0.23-0.260.450.860.480.440.380.49-0.340.450.40.450.640.45-0.470.430.590.43
0.830.590.470.5-0.260.530.78-0.52-0.260.03-0.320.510.40.610.490.830.50.590.480.310.51-0.50.48-0.68-0.24
0.40.490.560.55-0.540.540.23-0.40.450.030.430.560.370.480.6-0.170.570.50.60.630.54-0.540.410.420.19
0.170.280.410.39-0.370.34-0.21-0.060.86-0.320.430.40.380.270.44-0.420.350.30.430.630.36-0.380.290.720.32
0.870.981.01.0-0.930.990.75-0.890.480.510.560.40.830.980.990.460.970.990.950.921.0-0.990.91-0.15-0.05
0.640.840.820.84-0.840.850.67-0.840.440.40.370.380.830.860.80.460.70.860.650.640.84-0.870.94-0.06-0.01
0.90.990.960.97-0.910.990.83-0.940.380.610.480.270.980.860.970.590.951.00.910.850.99-0.990.94-0.27-0.09
0.870.970.980.98-0.910.990.73-0.860.490.490.60.440.990.80.970.430.980.970.970.950.99-0.980.88-0.1-0.05
0.650.570.430.46-0.340.50.82-0.61-0.340.83-0.17-0.420.460.460.590.430.430.560.390.20.49-0.480.5-0.85-0.43
0.880.960.970.96-0.90.970.73-0.860.450.50.570.350.970.70.950.980.430.960.970.940.97-0.960.83-0.19-0.05
0.890.990.980.98-0.921.00.81-0.930.40.590.50.30.990.861.00.970.560.960.920.870.99-0.990.94-0.24-0.08
0.880.920.930.93-0.830.930.68-0.770.450.480.60.430.950.650.910.970.390.970.920.960.94-0.920.76-0.12-0.11
0.790.870.920.91-0.820.890.51-0.680.640.310.630.630.920.640.850.950.20.940.870.960.9-0.890.730.090.05
0.860.990.990.99-0.941.00.78-0.920.450.510.540.361.00.840.990.990.490.970.990.940.9-1.00.93-0.18-0.06
-0.85-0.99-0.98-0.990.94-1.0-0.760.92-0.47-0.5-0.54-0.38-0.99-0.87-0.99-0.98-0.48-0.96-0.99-0.92-0.89-1.0-0.940.150.04
0.740.920.90.92-0.910.930.74-0.910.430.480.410.290.910.940.940.880.50.830.940.760.730.93-0.94-0.180.0
-0.39-0.27-0.13-0.160.07-0.19-0.640.360.59-0.680.420.72-0.15-0.06-0.27-0.1-0.85-0.19-0.24-0.120.09-0.180.15-0.180.44
-0.13-0.08-0.03-0.050.02-0.06-0.340.180.43-0.240.190.32-0.05-0.01-0.09-0.05-0.43-0.05-0.08-0.110.05-0.060.040.00.44
Click cells to compare fundamentals

NL Industries Account Relationship Matchups

NL Industries fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets557.5M548.2M596.2M609.9M576.7M704.0M
Other Current Liab26.4M24.8M27.2M28.5M26.7M35.6M
Total Current Liabilities29.8M27.5M30.6M32.1M30.4M28.9M
Total Stockholder Equity304.5M311.9M362.5M382.2M369.8M388.3M
Property Plant And Equipment Net31.0M29.0M29.2M28.7M25.9M24.6M
Net Debt(129.2M)(136.5M)(146.5M)(68.4M)(111.0M)(105.5M)
Retained Earnings251M257.9M297.4M300.4M284.5M298.7M
Cash129.7M137.0M147.0M68.9M111.5M85.0M
Non Current Assets Total392.8M377.0M402.5M415.9M358.4M439.3M
Non Currrent Assets Other27.0M26.9M26.9M(8.6M)39.6M37.6M
Cash And Short Term Investments129.7M137.0M147.0M139.0M164.7M89.1M
Net Receivables12.5M11.5M15.6M18.5M17.7M16.8M
Common Stock Shares Outstanding48.7M48.8M48.8M48.8M48.8M40.8M
Liabilities And Stockholders Equity557.5M548.2M596.2M609.9M576.7M704.0M
Non Current Liabilities Total200.5M185.3M180.6M175.1M154.5M146.7M
Inventory18.3M18.3M25.6M31.3M30.7M29.2M
Other Current Assets4.1M4.3M5.4M5.1M5.2M4.9M
Other Stockholder Equity299.1M299.1M299.8M298.6M298.9M368.4M
Total Liab230.3M212.8M211.2M207.1M184.9M175.7M
Property Plant And Equipment Gross31.0M29.0M100.9M103.4M103.6M190.0M
Total Current Assets164.7M171.2M193.6M194.0M218.3M264.7M
Accumulated Other Comprehensive Income(251.7M)(251.2M)(240.8M)(223.0M)(219.6M)(230.6M)
Accounts Payable3.4M2.6M3.4M3.5M3.8M3.6M
Common Stock6.1M6.1M6.1M6.1M6.1M6.7M
Common Stock Total Equity6.1M6.1M6.1M6.1M5.5M5.2M
Other Liab200.0M184.8M180.1M174.6M200.8M137.5M
Other Assets86.3M302.7M28.2M28.3M32.5M47.2M
Short Term Investments4.0M0.018.2M70.2M53.1M55.8M
Property Plant Equipment31.0M29.0M29.2M28.7M25.8M24.5M
Net Tangible Assets277.4M284.7M335.3M355.0M408.2M306.5M
Noncontrolling Interest In Consolidated Entity22.7M23.5M22.5M20.6M18.5M17.6M
Retained Earnings Total Equity251M257.9M297.4M300.4M345.5M224.4M

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NL 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 bureau of economic analysis.
For more information on how to buy NL Industries Stock please use our How to buy in NL Industries Stock guide.
You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
Is Commercial Services & Supplies 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 NL Industries. If investors know NL Industries 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 NL Industries 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
1.382
Dividend Share
0.31
Earnings Share
1.19
Revenue Per Share
3.085
Quarterly Revenue Growth
(0.17)
The market value of NL Industries is measured differently than its book value, which is the value of NL Industries that is recorded on the company's balance sheet. Investors also form their own opinion of NL Industries' value that differs from its market value or its book value, called intrinsic value, which is NL Industries' 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 NL Industries' market value can be influenced by many factors that don't directly affect NL Industries' 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 NL Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if NL Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NL Industries' 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.