Newport Free Cash Flow Per Share vs Book Value Per Share Analysis

NWX Stock

CAD 0.07 0.01 6.25%

Newport Exploration financial indicator trend analysis is infinitely more than just investigating Newport Exploration recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Newport Exploration is a good investment. Please check the relationship between Newport Exploration Free Cash Flow Per Share and its Book Value Per Share accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Newport Exploration. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Free Cash Flow Per Share vs Book Value Per Share

Free Cash Flow Per Share vs Book Value Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Newport Exploration Free Cash Flow Per Share account and Book Value Per Share. At this time, the significance of the direction appears to have pay attention.

The correlation between Newport Exploration's Free Cash Flow Per Share and Book Value Per Share is -0.88. Overlapping area represents the amount of variation of Free Cash Flow Per Share that can explain the historical movement of Book Value Per Share in the same time period over historical financial statements of Newport Exploration, assuming nothing else is changed. The correlation between historical values of Newport Exploration's Free Cash Flow Per Share and Book Value Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow Per Share of Newport Exploration are associated (or correlated) with its Book Value Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Book Value Per Share has no effect on the direction of Free Cash Flow Per Share i.e., Newport Exploration's Free Cash Flow Per Share and Book Value Per Share go up and down completely randomly.

Correlation Coefficient

-0.88

Relationship Direction	Negative
Relationship Strength	Significant

View All Relationships

Free Cash Flow Per Share

The amount of cash a company generates after accounting for capital expenditures, divided by the number of outstanding shares. It represents the cash available for dividends, share buybacks, or debt repayment per share.

Book Value Per Share

The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.

Most indicators from Newport Exploration's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Newport Exploration 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 Newport Exploration. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

At this time, Newport Exploration's Selling General Administrative is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to climb to 4.68 in 2024, whereas Tax Provision is likely to drop slightly above 870.3 K in 2024.

	2021	2022	2023	2024 (projected)
Other Operating Expenses	1.5M	1.6M	1.8M	1.1M
Depreciation And Amortization	35.4K	64.4K	58.0K	60.9K

Other Operating Expenses Depreciation And Amortization

Newport Exploration fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Non Currrent Assets Other	Inventory	Other Current Assets	Other Current Liab	Net Tangible Assets	Common Stock	Property Plant Equipment
Total Assets		0.39	0.84	0.98	0.32	-0.1	0.6	0.35	0.05	0.35	0.95	0.77	0.07	0.96	-0.42	0.39	0.84	0.98	0.16	0.42	0.15	0.01	0.85	0.39	-0.34	0.31
Short Long Term Debt Total	0.39		0.25	0.42	-0.24	-0.33	-0.1	-0.26	0.15	-0.21	0.41	0.49	0.56	0.42	-0.5	0.2	0.24	0.46	0.46	0.55	0.52	-0.56	0.26	-0.07	-0.29	0.05
Total Current Liabilities	0.84	0.25		0.73	0.37	0.09	0.48	0.54	-0.15	0.37	0.73	0.81	0.09	0.79	-0.23	0.35	1.0	0.82	0.05	0.32	0.16	0.11	1.0	0.27	-0.25	0.3
Total Stockholder Equity	0.98	0.42	0.73		0.28	-0.16	0.6	0.27	0.11	0.32	0.96	0.71	0.07	0.95	-0.47	0.38	0.72	0.97	0.18	0.42	0.15	-0.03	0.74	0.41	-0.35	0.3
Property Plant And Equipment Net	0.32	-0.24	0.37	0.28		0.55	0.68	0.81	-0.63	0.97	0.13	0.16	-0.47	0.33	-0.19	0.72	0.37	0.15	-0.62	0.22	0.25	0.64	0.37	0.41	-0.47	0.77
Net Debt	-0.1	-0.33	0.09	-0.16	0.55		0.08	0.43	-0.95	0.49	-0.26	0.0	-0.18	0.0	0.43	0.4	0.1	-0.2	-0.14	0.19	-0.18	0.22	0.08	-0.04	0.04	0.45
Retained Earnings	0.6	-0.1	0.48	0.6	0.68	0.08		0.62	-0.18	0.69	0.56	0.18	-0.63	0.64	-0.38	0.63	0.48	0.5	-0.58	0.17	0.28	0.75	0.49	0.85	-0.55	0.68
Accounts Payable	0.35	-0.26	0.54	0.27	0.81	0.43	0.62		-0.5	0.79	0.13	0.4	-0.4	0.3	-0.03	0.46	0.54	0.22	-0.62	0.0	0.24	0.63	0.53	0.36	-0.38	0.52
Cash	0.05	0.15	-0.15	0.11	-0.63	-0.95	-0.18	-0.5		-0.58	0.22	-0.06	0.16	-0.08	-0.26	-0.52	-0.15	0.16	0.26	-0.27	-0.14	-0.28	-0.14	-0.04	0.16	-0.56
Non Current Assets Total	0.35	-0.21	0.37	0.32	0.97	0.49	0.69	0.79	-0.58		0.15	0.19	-0.44	0.34	-0.24	0.67	0.37	0.17	-0.63	0.2	0.28	0.62	0.37	0.41	-0.47	0.72
Cash And Short Term Investments	0.95	0.41	0.73	0.96	0.13	-0.26	0.56	0.13	0.22	0.15		0.62	0.06	0.95	-0.42	0.32	0.72	0.97	0.25	0.42	0.11	-0.04	0.74	0.45	-0.3	0.24
Net Receivables	0.77	0.49	0.81	0.71	0.16	0.0	0.18	0.4	-0.06	0.19	0.62		0.45	0.66	-0.25	0.1	0.81	0.78	0.27	0.24	0.19	-0.29	0.81	-0.1	-0.13	0.0
Common Stock Shares Outstanding	0.07	0.56	0.09	0.07	-0.47	-0.18	-0.63	-0.4	0.16	-0.44	0.06	0.45		0.03	0.05	-0.44	0.09	0.17	0.71	0.11	0.01	-0.88	0.09	-0.79	0.47	-0.57
Short Term Investments	0.96	0.42	0.79	0.95	0.33	0.0	0.64	0.3	-0.08	0.34	0.95	0.66	0.03		-0.38	0.5	0.79	0.94	0.15	0.52	0.23	0.05	0.8	0.48	-0.39	0.43
Non Current Liabilities Total	-0.42	-0.5	-0.23	-0.47	-0.19	0.43	-0.38	-0.03	-0.26	-0.24	-0.42	-0.25	0.05	-0.38		-0.48	-0.21	-0.41	0.03	-0.39	-0.45	0.0	-0.25	-0.39	0.56	-0.39
Other Stockholder Equity	0.39	0.2	0.35	0.38	0.72	0.4	0.63	0.46	-0.52	0.67	0.32	0.1	-0.44	0.5	-0.48		0.34	0.28	-0.25	0.73	0.34	0.41	0.35	0.65	-0.65	0.98
Total Liab	0.84	0.24	1.0	0.72	0.37	0.1	0.48	0.54	-0.15	0.37	0.72	0.81	0.09	0.79	-0.21	0.34		0.81	0.05	0.32	0.15	0.11	1.0	0.26	-0.24	0.29
Total Current Assets	0.98	0.46	0.82	0.97	0.15	-0.2	0.5	0.22	0.16	0.17	0.97	0.78	0.17	0.94	-0.41	0.28	0.81		0.28	0.4	0.13	-0.11	0.82	0.33	-0.27	0.19
Short Term Debt	0.16	0.46	0.05	0.18	-0.62	-0.14	-0.58	-0.62	0.26	-0.63	0.25	0.27	0.71	0.15	0.03	-0.25	0.05	0.28		0.37	-0.42	-0.89	0.05	-0.49	0.5	-0.38
Non Currrent Assets Other	0.42	0.55	0.32	0.42	0.22	0.19	0.17	0.0	-0.27	0.2	0.42	0.24	0.11	0.52	-0.39	0.73	0.32	0.4	0.37		0.19	-0.2	0.33	0.27	-0.27	0.63
Inventory	0.15	0.52	0.16	0.15	0.25	-0.18	0.28	0.24	-0.14	0.28	0.11	0.19	0.01	0.23	-0.45	0.34	0.15	0.13	-0.42	0.19		0.18	0.18	0.27	-0.73	0.32
Other Current Assets	0.01	-0.56	0.11	-0.03	0.64	0.22	0.75	0.63	-0.28	0.62	-0.04	-0.29	-0.88	0.05	0.0	0.41	0.11	-0.11	-0.89	-0.2	0.18		0.11	0.73	-0.43	0.55
Other Current Liab	0.85	0.26	1.0	0.74	0.37	0.08	0.49	0.53	-0.14	0.37	0.74	0.81	0.09	0.8	-0.25	0.35	1.0	0.82	0.05	0.33	0.18	0.11		0.28	-0.26	0.3
Net Tangible Assets	0.39	-0.07	0.27	0.41	0.41	-0.04	0.85	0.36	-0.04	0.41	0.45	-0.1	-0.79	0.48	-0.39	0.65	0.26	0.33	-0.49	0.27	0.27	0.73	0.28		-0.64	0.7
Common Stock	-0.34	-0.29	-0.25	-0.35	-0.47	0.04	-0.55	-0.38	0.16	-0.47	-0.3	-0.13	0.47	-0.39	0.56	-0.65	-0.24	-0.27	0.5	-0.27	-0.73	-0.43	-0.26	-0.64		-0.64
Property Plant Equipment	0.31	0.05	0.3	0.3	0.77	0.45	0.68	0.52	-0.56	0.72	0.24	0.0	-0.57	0.43	-0.39	0.98	0.29	0.19	-0.38	0.63	0.32	0.55	0.3	0.7	-0.64

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Newport Exploration Account Relationship Matchups

Newport Exploration fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	8.7M	8.1M	6.1M	4.0M	4.6M	8.2M
Total Current Liabilities	211.9K	532.7K	541.9K	106.0K	122.0K	115.9K
Total Stockholder Equity	8.4M	7.6M	5.5M	3.8M	4.4M	7.6M
Property Plant And Equipment Net	12.9K	9.0K	188.1K	127.1K	114.4K	108.7K
Net Debt	(4.8M)	(2.9M)	(543.3K)	(1.1M)	(1.0M)	(1.1M)
Retained Earnings	(41.4M)	(42.5M)	(44.7M)	(46.3M)	(41.7M)	(43.8M)
Accounts Payable	5.0K	16.1K	26.9K	9.5K	8.5K	8.1K
Cash	4.8M	2.9M	728.6K	1.3M	1.4M	2.7M
Non Current Assets Total	12.9K	9.0K	188.1K	127.1K	114.4K	108.7K
Cash And Short Term Investments	6.8M	5.3M	3.3M	2.7M	3.1M	5.7M
Net Receivables	1.8M	2.8M	2.6M	1.2M	1.3M	1.4M
Common Stock Shares Outstanding	104.8M	106.5M	106.7M	105.6M	121.4M	67.4M
Short Term Investments	2.0M	2.4M	2.6M	1.4M	1.6M	1.5M
Liabilities And Stockholders Equity	8.7M	8.1M	6.1M	4.0M	4.6M	8.2M
Other Stockholder Equity	2.1M	1.8M	2.4M	2.2M	2.0M	1.9M
Total Liab	211.9K	532.7K	666.6K	167.1K	192.2K	182.6K
Total Current Assets	8.6M	8.1M	5.9M	3.9M	4.4M	7.4M
Accumulated Other Comprehensive Income	2.1M	1.8M	2.4M	2.2M	2.5M	1.8M
Other Current Assets	7.2K	9.4K	15.7K	16.2K	14.5K	13.8K
Other Current Liab	206.9K	516.5K	454.4K	33K	29.7K	28.2K
Net Tangible Assets	10.2M	8.4M	7.6M	5.5M	4.9M	8.1M
Property Plant Equipment	5.5K	12.9K	9.0K	188.1K	169.3K	160.8K
Net Invested Capital	8.4M	7.6M	5.5M	3.8M	3.4M	5.7M
Net Working Capital	8.4M	7.6M	5.4M	3.8M	3.4M	5.4M

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