Natural Historical Income Statement

NRP Stock  USD 105.98  0.77  0.72%   
Historical analysis of Natural Resource income statement accounts such as Operating Income of 307.2 M can show how well Natural Resource Partners performed in making a profits. Evaluating Natural Resource income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Natural Resource's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Natural Resource Partners latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Natural Resource Partners is a good buy for the upcoming year.
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Natural Resource Partners. 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.

About Natural Income Statement Analysis

Natural Resource Partners Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Natural Resource shareholders. The income statement also shows Natural investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Natural Resource Income Statement Chart

At this time, Natural Resource's Minority Interest is relatively stable compared to the past year. As of 11/25/2024, Discontinued Operations is likely to grow to about 1.2 M, while Gross Profit is likely to drop slightly above 225.4 M.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Natural Resource Partners minus its cost of goods sold. It is profit before Natural Resource operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Cost Of Revenue

Cost of Revenue is found on Natural Resource Partners income statement and represents the costs associated with goods and services Natural Resource provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Natural Resource Partners financial statement analysis. It represents the amount of money remaining after all of Natural Resource Partners operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Natural Resource Partners. It is also known as Natural Resource overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most accounts from Natural Resource's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Natural Resource Partners current financial condition. On the other hand, looking into the entire matrix of income statement accounts, 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 Natural Resource Partners. 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.
At this time, Natural Resource's Minority Interest is relatively stable compared to the past year. As of 11/25/2024, Discontinued Operations is likely to grow to about 1.2 M, while Gross Profit is likely to drop slightly above 225.4 M.
 2021 2022 2023 2024 (projected)
Gross Profit175.2M305.6M261.3M225.4M
Total Revenue194.2M328.1M293.7M255.0M

Natural Resource income statement Correlations

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Natural Resource Account Relationship Matchups

Natural Resource income statement Accounts

201920202021202220232024 (projected)
Interest Expense47.5M41.0M38.9M26.3M14.1M13.4M
Total Revenue210.3M129.0M194.2M328.1M293.7M255.0M
Gross Profit195.4M119.8M175.2M305.6M261.3M225.4M
Operating Income193.0M91.5M147.8M305.2M292.5M307.2M
Cost Of Revenue14.9M9.2M19.1M22.5M32.3M29.8M
Income Before Tax(25.4M)(84.8M)108.9M268.5M278.4M292.4M
Net Income Applicable To Common Shares(54.5M)(112.7M)77.3M(4.8M)(4.3M)(4.1M)
Net Income(119M)(136.5M)48.2M268.5M274.4M288.1M
Depreciation And Amortization171.9K9.2M19.1M22.5M18.5M27.7M
Other Operating Expenses64.4M48.3M63.5M79.3M1.1M1.1M
Ebit207.8M(43.9M)147.8M294.8M292.5M180.2M
Ebitda208.0M(34.7M)166.9M317.3M311.0M218.2M
Total Operating Expenses49.5M39.1M44.4M56.8M(31.2M)(29.6M)
Income Tax Expense93.6M51.7M60.7M36.7M169.2M177.6M
Selling General Administrative16.7M14.3M17.4M21.9M26.1M21.7M
Total Other Income Expense Net(218.5M)(41.0M)(38.9M)(36.7M)(14.1M)(14.8M)
Preferred Stock And Other Adjustments1.1M2.3M(1.5M)4.8M5.5M5.8M
Net Income From Continuing Ops(25.4M)(84.8M)108.9M268.5M276.7M290.5M
Non Operating Income Net Other3.9M2.4M6.5M581K668.2K634.7K
Non Recurring148.2M(135.9M)5.1M4.5M4.0M3.8M
Minority Interest(1.5M)510K335K459K413.1K585.3K
Interest Income47.5M41.0M38.9M26.3M23.6M31.4M
Net Interest Income(47.5M)(41.0M)(38.9M)(26.3M)(13.8M)(14.5M)
Reconciled Depreciation14.9M9.2M19.1M22.5M18.4M16.1M

Pair Trading with Natural Resource

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Natural Resource position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Natural Resource will appreciate offsetting losses from the drop in the long position's value.

Moving together with Natural Stock

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Moving against Natural Stock

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The ability to find closely correlated positions to Natural Resource could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Natural Resource when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Natural Resource - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Natural Resource Partners to buy it.
The correlation of Natural Resource is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Natural Resource moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Natural Resource Partners moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Natural Resource can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Natural Stock Analysis

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