National Non Current Assets Total vs Net Debt Analysis

NPK Stock  USD 78.67  2.15  2.81%   
National Presto financial indicator trend analysis is infinitely more than just investigating National Presto Indu recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether National Presto Indu is a good investment. Please check the relationship between National Presto Non Current Assets Total and its Net Debt accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in National Presto 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 american community survey.

Non Current Assets Total vs Net Debt

Non Current Assets Total vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of National Presto Indu Non Current Assets Total account and Net Debt. At this time, the significance of the direction appears to have strong relationship.
The correlation between National Presto's Non Current Assets Total and Net Debt is 0.62. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Net Debt in the same time period over historical financial statements of National Presto Industries, assuming nothing else is changed. The correlation between historical values of National Presto's Non Current Assets Total and Net 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 Non Current Assets Total of National Presto Industries are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Non Current Assets Total i.e., National Presto's Non Current Assets Total and Net Debt go up and down completely randomly.

Correlation Coefficient

0.62
Relationship DirectionPositive 
Relationship StrengthSignificant

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.
Most indicators from National Presto's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into National Presto Indu 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 Presto 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 american community survey.
Tax Provision is expected to rise to about 10.8 M this year, although the value of Selling General Administrative will most likely fall to about 25.6 M.
 2021 2022 2023 2024 (projected)
Gross Profit64.4M55.1M67.5M67.4M
Total Revenue355.8M321.6M340.9M267.0M

National Presto fundamental ratios Correlations

0.06-0.440.670.980.370.480.97-0.430.530.170.080.37-0.090.150.620.33-0.220.550.40.850.430.070.17-0.380.17
0.060.170.22-0.04-0.28-0.43-0.120.5-0.240.01-0.06-0.260.01-0.110.56-0.470.710.410.630.21-0.1-0.050.53-0.380.53
-0.440.17-0.07-0.5-0.33-0.32-0.520.33-0.35-0.2-0.21-0.230.15-0.6-0.17-0.220.310.02-0.2-0.31-0.28-0.63-0.040.04-0.04
0.670.22-0.070.50.330.320.51-0.290.38-0.19-0.270.46-0.18-0.130.510.4-0.230.960.480.550.8-0.160.47-0.530.47
0.98-0.04-0.50.50.340.50.99-0.460.520.250.170.32-0.080.230.560.28-0.220.360.30.840.290.140.06-0.280.06
0.37-0.28-0.330.330.340.560.41-0.550.970.25-0.710.76-0.050.09-0.020.67-0.730.250.42-0.160.53-0.31-0.14-0.61-0.14
0.48-0.43-0.320.320.50.560.56-0.990.620.11-0.330.75-0.110.26-0.010.43-0.650.150.020.190.44-0.1-0.17-0.04-0.17
0.97-0.12-0.520.510.990.410.56-0.520.570.230.120.39-0.120.240.520.36-0.320.360.290.80.350.120.02-0.290.02
-0.430.50.33-0.29-0.46-0.55-0.99-0.52-0.59-0.10.33-0.750.23-0.270.01-0.450.67-0.1-0.01-0.15-0.440.080.150.030.15
0.53-0.24-0.350.380.520.970.620.57-0.590.35-0.640.74-0.020.090.110.63-0.660.290.440.010.47-0.29-0.12-0.62-0.12
0.170.01-0.2-0.190.250.250.110.23-0.10.35-0.13-0.1-0.080.340.31-0.270.15-0.230.24-0.02-0.41-0.080.22-0.230.22
0.08-0.06-0.21-0.270.17-0.71-0.330.120.33-0.64-0.13-0.610.180.29-0.01-0.360.34-0.31-0.490.49-0.330.6-0.10.69-0.1
0.37-0.26-0.230.460.320.760.750.39-0.750.74-0.1-0.61-0.220.07-0.010.7-0.740.360.31-0.020.67-0.2-0.24-0.43-0.24
-0.090.010.15-0.18-0.08-0.05-0.11-0.120.23-0.02-0.080.18-0.220.0-0.54-0.08-0.05-0.1-0.43-0.09-0.110.01-0.430.37-0.43
0.15-0.11-0.6-0.130.230.090.260.24-0.270.090.340.290.070.0-0.03-0.18-0.08-0.26-0.020.120.040.52-0.010.31-0.01
0.620.56-0.170.510.56-0.02-0.010.520.010.110.31-0.01-0.01-0.54-0.03-0.140.420.520.70.660.05-0.030.71-0.580.71
0.33-0.47-0.220.40.280.670.430.36-0.450.63-0.27-0.360.7-0.08-0.18-0.14-0.780.340.060.00.65-0.2-0.23-0.3-0.23
-0.220.710.31-0.23-0.22-0.73-0.65-0.320.67-0.660.150.34-0.74-0.05-0.080.42-0.78-0.10.130.14-0.640.170.490.090.49
0.550.410.020.960.360.250.150.36-0.10.29-0.23-0.310.36-0.1-0.260.520.34-0.10.540.470.74-0.230.52-0.580.52
0.40.63-0.20.480.30.420.020.29-0.010.440.24-0.490.31-0.43-0.020.70.060.130.540.190.31-0.220.5-0.850.5
0.850.21-0.310.550.84-0.160.190.8-0.150.01-0.020.49-0.02-0.090.120.660.00.140.470.190.220.270.26-0.070.26
0.43-0.1-0.280.80.290.530.440.35-0.440.47-0.41-0.330.67-0.110.040.050.65-0.640.740.310.22-0.060.12-0.350.12
0.07-0.05-0.63-0.160.14-0.31-0.10.120.08-0.29-0.080.6-0.20.010.52-0.03-0.20.17-0.23-0.220.27-0.06-0.020.41-0.02
0.170.53-0.040.470.06-0.14-0.170.020.15-0.120.22-0.1-0.24-0.43-0.010.71-0.230.490.520.50.260.12-0.02-0.361.0
-0.38-0.380.04-0.53-0.28-0.61-0.04-0.290.03-0.62-0.230.69-0.430.370.31-0.58-0.30.09-0.58-0.85-0.07-0.350.41-0.36-0.36
0.170.53-0.040.470.06-0.14-0.170.020.15-0.120.22-0.1-0.24-0.43-0.010.71-0.230.490.520.50.260.12-0.021.0-0.36
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National Presto Account Relationship Matchups

National Presto fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets410.3M433.2M420.4M411.8M443.3M362.1M
Other Current Liab15.3M23.4M16.1M21.6M16.9M18.2M
Total Current Liabilities39.3M55.1M53.2M53.6M72.0M52.7M
Total Stockholder Equity368.0M374.3M357.6M348.1M356.3M305.3M
Property Plant And Equipment Net40.8M40.5M46.9M52.5M49.9M35.7M
Net Debt(76.1M)(82.7M)(99.6M)(60.0M)(77.0M)(80.8M)
Retained Earnings362.8M367.6M349.2M338.1M344.2M305.4M
Cash79.6M86.0M109.8M70.7M87.7M69.9M
Non Current Assets Total72.4M75.9M72.3M85.2M80.4M52.4M
Non Currrent Assets Other4.8M6.9M2.9M1.7M5.8M4.2M
Cash And Short Term Investments158.3M155.0M144.0M95.6M114.1M111.8M
Net Receivables44.3M56.5M55.7M73.3M50.4M60.1M
Common Stock Shares Outstanding7.0M7.0M7.1M7.1M7.1M5.7M
Liabilities And Stockholders Equity410.3M433.2M420.4M411.8M443.3M362.1M
Non Current Liabilities Total3.0M3.7M9.6M10.2M12.3M10.7M
Inventory128.5M135.5M143.9M152.1M190.4M199.9M
Other Current Assets6.7M10.2M4.5M5.7M5.2M5.0M
Other Stockholder Equity(2.5M)(874K)964K2.6M4.5M4.8M
Total Liab42.3M58.8M62.8M63.8M87.1M56.9M
Property Plant And Equipment Gross40.8M40.5M135.3M105.4M117.7M123.6M
Total Current Assets337.8M357.2M348.1M326.6M360.1M308.9M
Accumulated Other Comprehensive Income136K154K20K(103K)22K23.1K
Accounts Payable21.7M25.7M32.8M28.9M38.2M29.2M
Short Term Debt520K1.1M1.1M577K678K1.3M
Short Term Investments78.7M69.0M34.2M24.9M26.5M25.1M
Other Assets13.2M17.3M7.5M7.2M2.8M2.6M
Treasury Stock(13.9M)(13.3M)(12.8M)(12.2M)(14.0M)(14.7M)
Property Plant Equipment37.3M40.5M73.4M41.8M48.1M55.5M
Intangible Assets3.1M2.8M2.6M6.9M5.3M6.1M
Net Tangible Assets349.6M356.2M339.7M348.1M400.3M361.6M
Retained Earnings Total Equity362.8M367.6M349.2M338.1M388.8M379.5M
Capital Surpluse11.4M12.4M13.7M14.8M17.0M9.7M
Accumulated Depreciation(56.7M)59.4M61.9M63.6M73.2M76.8M
Long Term Investments7.0M7.2M7.4M7.6M8.8M6.3M

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When determining whether National Presto Indu is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if National Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about National Presto Industries Stock. Highlighted below are key reports to facilitate an investment decision about National Presto Industries Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in National Presto 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 american community survey.
You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Is Aerospace & Defense 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 National Presto. If investors know National 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 National Presto 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
0.148
Dividend Share
1
Earnings Share
4.76
Revenue Per Share
49.414
Quarterly Revenue Growth
0.104
The market value of National Presto Indu is measured differently than its book value, which is the value of National that is recorded on the company's balance sheet. Investors also form their own opinion of National Presto's value that differs from its market value or its book value, called intrinsic value, which is National Presto's 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 National Presto's market value can be influenced by many factors that don't directly affect National Presto's 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 National Presto's value and its price as these two are different measures arrived at by different means. Investors typically determine if National Presto is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, National Presto's 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.