Newpark Resources Balance Sheet Health
Financial Health criteria checks 6/6
Newpark Resources has a total shareholder equity of $415.4M and total debt of $65.1M, which brings its debt-to-equity ratio to 15.7%. Its total assets and total liabilities are $642.3M and $227.0M respectively. Newpark Resources's EBIT is $37.1M making its interest coverage ratio 4.5. It has cash and short-term investments of $38.6M.
Key information
15.7%
Debt to equity ratio
US$65.13m
Debt
| Interest coverage ratio | 4.5x |
| Cash | US$38.59m |
| Equity | US$415.36m |
| Total liabilities | US$226.97m |
| Total assets | US$642.34m |
Recent financial health updates
Does Newpark Resources (NYSE:NR) Have A Healthy Balance Sheet?
Aug 24
We Think Newpark Resources (NYSE:NR) Has A Fair Chunk Of Debt
Jul 27We Think Newpark Resources (NYSE:NR) Has A Fair Chunk Of Debt
Feb 22Recent updates
Newpark Resources: Anticipation, The Shot Clock Is Winding Down On Fluids Business
Mar 20Newpark Resources (NYSE:NR) Is Doing The Right Things To Multiply Its Share Price
Feb 06Newpark Resources: Short-Term Not A Lot To Gain, Long-Term Still Appealing
Dec 14Newpark Resources Continues Multiyear Business Transformation
Dec 04Newpark Resources' (NYSE:NR) Earnings Are Weaker Than They Seem
Nov 08Newpark Resources: Speculative Buy With Multiple Expansion Potential
Sep 06Liberty Park Capital - Newpark Resources: Worth Multiples Of Its Current Value
Jul 26Newpark Resources: Market Softness Leads To Rating Downgrade (Hold)
Jun 03Returns On Capital At Newpark Resources (NYSE:NR) Have Hit The Brakes
Jun 01Newpark Resources: A Splash Of Cash And A Potential Catalyst
Feb 11Newpark Resources: Still Holding, But Losing Patience
Oct 14Does Newpark Resources (NYSE:NR) Have A Healthy Balance Sheet?
Aug 24Newpark Resources: Mud And Mats Doing Better, But Still Lacking A Catalyst
Mar 08Newpark Resources Stock: Wait For Better Pricing
Dec 12A Look At The Fair Value Of Newpark Resources, Inc. (NYSE:NR)
Sep 28We Think Newpark Resources (NYSE:NR) Has A Fair Chunk Of Debt
Jul 27Newpark Resources: Drilling Ahead, But Out Of The Zone
Jun 30Estimating The Intrinsic Value Of Newpark Resources, Inc. (NYSE:NR)
Apr 05Announcing: Newpark Resources (NYSE:NR) Stock Increased An Energizing 189% In The Last Year
Mar 15We Think Newpark Resources (NYSE:NR) Has A Fair Chunk Of Debt
Feb 22What Type Of Shareholders Own The Most Number of Newpark Resources, Inc. (NYSE:NR) Shares?
Feb 01
Newpark Resources, Inc.'s (NYSE:NR) Intrinsic Value Is Potentially 25% Above Its Share Price
Jan 04Newpark Resources, Inc. (NYSE:NR) Insiders Increased Their Holdings
Dec 14Newpark Resources: Dodged The Delisting Bullet, Now What?
Dec 06Newpark Resources regains NYSE compliance
Dec 03Would Shareholders Who Purchased Newpark Resources' (NYSE:NR) Stock Three Years Be Happy With The Share price Today?
Nov 26Newpark Resources CEO buys 58K shares
Nov 18Financial Position Analysis
Short Term Liabilities: NR's short term assets ($357.2M) exceed its short term liabilities ($136.3M).
Long Term Liabilities: NR's short term assets ($357.2M) exceed its long term liabilities ($90.7M).
Debt to Equity History and Analysis
Debt Level: NR's net debt to equity ratio (6.4%) is considered satisfactory.
Reducing Debt: NR's debt to equity ratio has reduced from 28.4% to 15.7% over the past 5 years.
Debt Coverage: NR's debt is well covered by operating cash flow (153.5%).
Interest Coverage: NR's interest payments on its debt are well covered by EBIT (4.5x coverage).