Newpark Resources Inc
NPK International Inc. provides products, rentals, and services primarily to the oil and natural gas exploration and production (E&P) industry. It operates through two segments, Fluids Systems and Industrial Solutions. The Fluids Systems segment provides drilling, completion, and stimulation fluids products and related technical services to customers primarily in the North America, Europe, the Mi… Read more
Newpark Resources Inc (NR) - Net Assets
Latest net assets as of September 2024: $316.45 Million USD
Based on the latest financial reports, Newpark Resources Inc (NR) has net assets worth $316.45 Million USD as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($389.61 Million) and total liabilities ($73.15 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $316.45 Million |
| % of Total Assets | 81.22% |
| Annual Growth Rate | 13.5% |
| 5-Year Change | -24.29% |
| 10-Year Change | -33.59% |
| Growth Volatility | 81.19 |
Newpark Resources Inc - Net Assets Trend (1989–2023)
This chart illustrates how Newpark Resources Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Newpark Resources Inc (1989–2023)
The table below shows the annual net assets of Newpark Resources Inc from 1989 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $415.36 Million | -1.81% |
| 2022-12-31 | $423.03 Million | -8.51% |
| 2021-12-31 | $462.39 Million | -5.25% |
| 2020-12-31 | $488.03 Million | -11.05% |
| 2019-12-31 | $548.64 Million | -3.69% |
| 2018-12-31 | $569.68 Million | +4.06% |
| 2017-12-31 | $547.48 Million | +9.38% |
| 2016-12-31 | $500.54 Million | -3.79% |
| 2015-12-31 | $520.26 Million | -16.82% |
| 2014-12-31 | $625.46 Million | +7.64% |
| 2013-12-31 | $581.05 Million | +13.14% |
| 2012-12-31 | $513.58 Million | +3.16% |
| 2011-12-31 | $497.85 Million | +19.29% |
| 2010-12-31 | $417.35 Million | +13.40% |
| 2009-12-31 | $368.02 Million | -2.61% |
| 2008-12-31 | $377.88 Million | +4.77% |
| 2007-12-31 | $360.66 Million | +11.61% |
| 2006-12-31 | $323.14 Million | -7.79% |
| 2005-12-31 | $350.44 Million | +8.51% |
| 2004-12-31 | $322.96 Million | +2.87% |
| 2003-12-31 | $313.96 Million | +2.80% |
| 2002-12-31 | $305.42 Million | +3.90% |
| 2001-12-31 | $293.95 Million | +13.04% |
| 2000-12-31 | $260.06 Million | +39.56% |
| 1999-12-31 | $186.34 Million | -23.16% |
| 1998-12-31 | $242.50 Million | -10.12% |
| 1997-12-31 | $269.80 Million | +32.78% |
| 1996-12-31 | $203.20 Million | +162.19% |
| 1995-12-31 | $77.50 Million | +21.66% |
| 1994-12-31 | $63.70 Million | +19.29% |
| 1993-12-31 | $53.40 Million | +16.85% |
| 1992-12-31 | $45.70 Million | +13.68% |
| 1991-12-31 | $40.20 Million | +458.33% |
| 1990-12-31 | $7.20 Million | +28.57% |
| 1989-12-31 | $5.60 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Newpark Resources Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 10257300000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $10.77 Million | 2.59% |
| Common Stock | $1.12 Million | 0.27% |
| Other Comprehensive Income | $-62.84 Million | -15.13% |
| Other Components | $466.31 Million | 112.27% |
| Total Equity | $415.36 Million | 100.00% |
Newpark Resources Inc Competitors by Market Cap
The table below lists competitors of Newpark Resources Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Kvika banki hf
IC:KVIKA
|
$559.99 Million |
|
Kinco Automation (Shanghai) Co. Ltd. A
SHG:688160
|
$560.07 Million |
|
Fujian Tianma Science and Technology Group Co Ltd
SHG:603668
|
$560.16 Million |
|
Shenzhen Investment Bay Area Co Ltd
PINK:SIHBY
|
$560.29 Million |
|
Chengdu Guibao Science Tech
SHE:300019
|
$559.83 Million |
|
Asante Gold Corporation
PINK:ASGOF
|
$559.75 Million |
|
Fujian Kuncai Material Tech
SHG:603826
|
$559.56 Million |
|
Sociedad Matriz SAAM SA
SN:SMSAAM
|
$559.55 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Newpark Resources Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 423,028,000 to 415,364,000, a change of -7,664,000 (-1.8%).
- Net income of 14,516,000 contributed positively to equity growth.
- Dividend payments of 606,000 reduced retained earnings.
- Share repurchases of 34,265,000 reduced equity.
- Other comprehensive income increased equity by 4,347,000.
- Other factors increased equity by 8,344,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $14.52 Million | +3.49% |
| Dividends Paid | $606.00K | -0.15% |
| Share Repurchases | $34.27 Million | -8.25% |
| Other Comprehensive Income | $4.35 Million | +1.05% |
| Other Changes | $8.34 Million | +2.01% |
| Total Change | $- | -1.81% |
Book Value vs Market Value Analysis
This analysis compares Newpark Resources Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.54x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 54.38x to 1.54x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1989-12-31 | $0.13 | $7.25 | x |
| 1990-12-31 | $0.12 | $7.25 | x |
| 1991-12-31 | $0.48 | $7.25 | x |
| 1992-12-31 | $1.19 | $7.25 | x |
| 1993-12-31 | $1.29 | $7.25 | x |
| 1994-12-31 | $1.52 | $7.25 | x |
| 1995-12-31 | $1.83 | $7.25 | x |
| 1996-12-31 | $3.50 | $7.25 | x |
| 1997-12-31 | $4.07 | $7.25 | x |
| 1998-12-31 | $3.62 | $7.25 | x |
| 1999-12-31 | $2.70 | $7.25 | x |
| 2000-12-31 | $3.71 | $7.25 | x |
| 2001-12-31 | $3.66 | $7.25 | x |
| 2002-12-31 | $4.83 | $7.25 | x |
| 2003-12-31 | $3.65 | $7.25 | x |
| 2004-12-31 | $4.02 | $7.25 | x |
| 2005-12-31 | $4.05 | $7.25 | x |
| 2006-12-31 | $3.60 | $7.25 | x |
| 2007-12-31 | $3.98 | $7.25 | x |
| 2008-12-31 | $4.24 | $7.25 | x |
| 2009-12-31 | $4.16 | $7.25 | x |
| 2010-12-31 | $4.61 | $7.25 | x |
| 2011-12-31 | $4.67 | $7.25 | x |
| 2012-12-31 | $4.93 | $7.25 | x |
| 2013-12-31 | $5.67 | $7.25 | x |
| 2014-12-31 | $6.23 | $7.25 | x |
| 2015-12-31 | $6.29 | $7.25 | x |
| 2016-12-31 | $5.98 | $7.25 | x |
| 2017-12-31 | $6.22 | $7.25 | x |
| 2018-12-31 | $6.13 | $7.25 | x |
| 2019-12-31 | $6.11 | $7.25 | x |
| 2020-12-31 | $5.41 | $7.25 | x |
| 2021-12-31 | $5.06 | $7.25 | x |
| 2022-12-31 | $4.56 | $7.25 | x |
| 2023-12-31 | $4.70 | $7.25 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Newpark Resources Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 3.49%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.94%
- • Asset Turnover: 1.17x
- • Equity Multiplier: 1.55x
- Recent ROE (3.49%) is above the historical average (2.55%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1989 | 5.36% | 0.80% | 1.19x | 5.66x | $-260.00K |
| 1990 | 22.22% | 3.47% | 1.16x | 5.51x | $880.00K |
| 1991 | 9.70% | 6.49% | 1.12x | 1.33x | $-120.00K |
| 1992 | 11.60% | 8.27% | 0.85x | 1.65x | $730.00K |
| 1993 | 4.49% | 4.26% | 0.62x | 1.69x | $-2.94 Million |
| 1994 | 14.76% | 11.81% | 0.72x | 1.74x | $3.03 Million |
| 1995 | 15.74% | 12.45% | 0.64x | 1.97x | $4.45 Million |
| 1996 | 9.06% | 15.14% | 0.43x | 1.39x | $-1.92 Million |
| 1997 | 13.75% | 17.22% | 0.48x | 1.66x | $10.12 Million |
| 1998 | -26.23% | -24.77% | 0.51x | 2.08x | $-87.85 Million |
| 1999 | -36.84% | -35.99% | 0.42x | 2.42x | $-87.29 Million |
| 2000 | 4.29% | 4.18% | 0.53x | 1.95x | $-14.86 Million |
| 2001 | 10.85% | 7.81% | 0.78x | 1.78x | $2.51 Million |
| 2002 | 1.51% | 1.44% | 0.59x | 1.78x | $-25.92 Million |
| 2003 | 0.66% | 0.56% | 0.65x | 1.83x | $-29.32 Million |
| 2004 | 1.53% | 1.14% | 0.73x | 1.83x | $-27.34 Million |
| 2005 | 6.32% | 3.97% | 0.85x | 1.88x | $-12.90 Million |
| 2006 | -9.99% | -4.83% | 1.06x | 1.94x | $-64.60 Million |
| 2007 | 7.39% | 4.35% | 0.95x | 1.78x | $-9.40 Million |
| 2008 | 10.18% | 4.48% | 1.20x | 1.89x | $669.80K |
| 2009 | -5.59% | -4.20% | 0.84x | 1.59x | $-57.38 Million |
| 2010 | 9.97% | 5.81% | 0.97x | 1.77x | $-108.70K |
| 2011 | 16.07% | 8.35% | 1.08x | 1.78x | $30.23 Million |
| 2012 | 11.69% | 5.78% | 1.04x | 1.94x | $8.67 Million |
| 2013 | 11.24% | 5.90% | 1.14x | 1.67x | $7.22 Million |
| 2014 | 16.35% | 9.14% | 1.10x | 1.63x | $39.73 Million |
| 2015 | -17.46% | -13.42% | 0.80x | 1.63x | $-142.85 Million |
| 2016 | -8.13% | -8.63% | 0.59x | 1.59x | $-90.77 Million |
| 2017 | -1.12% | -0.82% | 0.83x | 1.65x | $-60.90 Million |
| 2018 | 5.67% | 3.41% | 1.03x | 1.61x | $-24.69 Million |
| 2019 | -2.36% | -1.58% | 0.91x | 1.64x | $-67.81 Million |
| 2020 | -16.53% | -16.38% | 0.69x | 1.45x | $-129.50 Million |
| 2021 | -5.52% | -4.15% | 0.82x | 1.63x | $-71.76 Million |
| 2022 | -4.92% | -2.55% | 1.14x | 1.69x | $-63.14 Million |
| 2023 | 3.49% | 1.94% | 1.17x | 1.55x | $-27.02 Million |
Industry Comparison
This section compares Newpark Resources Inc's net assets metrics with peer companies in the Oil & Gas Equipment & Services industry.
Industry Context
- Industry: Oil & Gas Equipment & Services
- Average net assets among peers: $5,464,315,253
- Average return on equity (ROE) among peers: -34.58%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Newpark Resources Inc (NR) | $316.45 Million | 5.36% | 0.23x | $559.95 Million |
| ProFrac Holding Corp. (ACDC) | $1.33 Billion | -7.35% | 1.31x | $222.04 Million |
| Atlas Energy Solutions Inc. (AESI) | $867.82 Million | 18.44% | 0.45x | $1.34 Billion |
| Akastor ASA (AKKVF) | $13.55 Billion | 9.27% | 2.55x | $54.21 Million |
| Andatee China Marine Fuel Services (AMCF) | $18.84 Million | 34.05% | 1.21x | $0.98 |
| Archrock Inc (AROC) | $2.23 Billion | -42.52% | 1.73x | $6.15 Billion |
| Anton Oilfield Services Group (ATONY) | $2.15 Billion | -9.22% | 2.02x | $381.63 Million |
| Auri Inc (AURI) | $-2.74 Million | 0.00% | 0.00x | $1.91 |
| Baker Hughes Co (BKR) | $34.50 Billion | 0.37% | 0.55x | $56.21 Billion |
| Kbridge Energy Corp (BMMCF) | $-341.75K | 0.00% | 0.00x | $880.54 |
| Bri-Chem Corp (BRYFF) | $131.44K | -348.83% | 2.61x | $4.32 Million |