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) - Total Assets
Latest total assets as of September 2024: $389.61 Million USD
Based on the latest financial reports, Newpark Resources Inc (NR) holds total assets worth $389.61 Million USD as of September 2024.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Newpark Resources Inc - Total Assets Trend (1989–2023)
This chart illustrates how Newpark Resources Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Newpark Resources Inc - Asset Composition Analysis
Current Asset Composition (December 2023)
Newpark Resources Inc's total assets of $389.61 Million consist of 55.6% current assets and 44.4% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 6.0% |
| Accounts Receivable | $168.46 Million | 26.2% |
| Inventory | $141.08 Million | 22.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $17.11 Million | 2.7% |
| Goodwill | $47.28 Million | 7.4% |
Asset Composition Trend (1989–2023)
This chart illustrates how Newpark Resources Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Newpark Resources Inc's current assets represent 55.6% of total assets in 2023, an increase from 35.0% in 1989.
- Cash Position: Cash and equivalents constituted 6.0% of total assets in 2023, up from 0.0% in 1989.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 9.0% of total assets, an increase from 8.0% in 1989.
- Asset Diversification: The largest asset category is accounts receivable at 26.2% of total assets.
Newpark Resources Inc Competitors by Total Assets
Key competitors of Newpark Resources Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Xinjiang Zhundong Petroleum
SHE:002207
|
China | CN¥399.19 Million |
|
Yantai Jereh Oilfield Services Group Co Ltd
SHE:002353
|
China | CN¥38.08 Billion |
|
China Oil HBP Science & Technology Co Ltd
SHE:002554
|
China | CN¥5.76 Billion |
|
Zhejiang Renzhi Co Ltd
SHE:002629
|
China | CN¥269.97 Million |
|
Reservoir Link Energy Bhd
KLSE:0219
|
Malaysia | RM215.28 Million |
|
Ocean Vantage Holdings Bhd
KLSE:0220
|
Malaysia | RM108.28 Million |
|
Aker Solutions OL
F:1AKA
|
Germany | €38.35 Billion |
|
Prime Oil Chemical Service Corp
TW:2904
|
Taiwan | NT$1.82 Billion |
Newpark Resources Inc - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Strong asset utilization - Newpark Resources Inc generates 1.17x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Newpark Resources Inc generates $ 2.26 in net profit.
Newpark Resources Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 2.29 | 2.47 | 3.72 |
| Quick Ratio | 2.00 | 1.53 | 2.19 |
| Cash Ratio | 0.00 | 0.17 | 0.00 |
| Working Capital | $65.81 Million | $ 225.04 Million | $ 349.95 Million |
Newpark Resources Inc - Advanced Valuation Insights
This section examines the relationship between Newpark Resources Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 2.10 |
| Latest Market Cap to Assets Ratio | 0.87 |
| Asset Growth Rate (YoY) | -10.1% |
| Total Assets | $642.34 Million |
| Market Capitalization | $559.95 Million USD |
Valuation Analysis
Near Book Valuation: The market values Newpark Resources Inc's assets close to their book value ( 0.87x), suggesting investors view the company's assets at approximately fair value.
Significant Asset Reduction: Newpark Resources Inc's assets decreased by 10.1% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Newpark Resources Inc (1989–2023)
The table below shows the annual total assets of Newpark Resources Inc from 1989 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $642.34 Million | -10.15% |
| 2022-12-31 | $714.88 Million | -5.05% |
| 2021-12-31 | $752.89 Million | +6.16% |
| 2020-12-31 | $709.19 Million | -21.21% |
| 2019-12-31 | $900.08 Million | -1.72% |
| 2018-12-31 | $915.85 Million | +1.46% |
| 2017-12-31 | $902.72 Million | +13.10% |
| 2016-12-31 | $798.18 Million | -5.97% |
| 2015-12-31 | $848.89 Million | -16.79% |
| 2014-12-31 | $1.02 Billion | +5.34% |
| 2013-12-31 | $968.42 Million | -2.63% |
| 2012-12-31 | $994.54 Million | +12.14% |
| 2011-12-31 | $886.84 Million | +20.27% |
| 2010-12-31 | $737.34 Million | +26.02% |
| 2009-12-31 | $585.11 Million | -18.01% |
| 2008-12-31 | $713.68 Million | +11.20% |
| 2007-12-31 | $641.78 Million | +2.25% |
| 2006-12-31 | $627.67 Million | -4.59% |
| 2005-12-31 | $657.90 Million | +11.49% |
| 2004-12-31 | $590.11 Million | +2.54% |
| 2003-12-31 | $575.50 Million | +6.13% |
| 2002-12-31 | $542.26 Million | +3.78% |
| 2001-12-31 | $522.49 Million | +2.96% |
| 2000-12-31 | $507.44 Million | +12.72% |
| 1999-12-31 | $450.19 Million | -10.76% |
| 1998-12-31 | $504.50 Million | +12.96% |
| 1997-12-31 | $446.60 Million | +58.09% |
| 1996-12-31 | $282.50 Million | +85.00% |
| 1995-12-31 | $152.70 Million | +37.82% |
| 1994-12-31 | $110.80 Million | +22.70% |
| 1993-12-31 | $90.30 Million | +19.60% |
| 1992-12-31 | $75.50 Million | +41.12% |
| 1991-12-31 | $53.50 Million | +34.76% |
| 1990-12-31 | $39.70 Million | +25.24% |
| 1989-12-31 | $31.70 Million | -- |