National Operating Income vs Ebitda Analysis

NESRW Stock

USD 0.48 0.11 18.64%

National Energy financial indicator trend analysis is infinitely more than just investigating National Energy Services recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether National Energy Services is a good investment. Please check the relationship between National Energy Operating Income and its Ebitda accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in National Energy Services. 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.

Operating Income vs Ebitda

Operating Income vs Ebitda Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of National Energy Services Operating Income account and Ebitda. At this time, the significance of the direction appears to have weak relationship.

The correlation between National Energy's Operating Income and Ebitda is 0.32. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Ebitda in the same time period over historical financial statements of National Energy Services, assuming nothing else is changed. The correlation between historical values of National Energy's Operating Income and Ebitda is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of National Energy Services are associated (or correlated) with its Ebitda. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebitda has no effect on the direction of Operating Income i.e., National Energy's Operating Income and Ebitda go up and down completely randomly.

Correlation Coefficient

0.32

Relationship Direction	Positive
Relationship Strength	Very Weak

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Operating Income

Operating Income is the amount of profit realized from National Energy Services operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of National Energy Services is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Ebitda

Most indicators from National Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into National Energy Services 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 National Energy Services. 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.

Enterprise Value is likely to climb to about 1.7 B in 2024, whereas Tax Provision is likely to drop slightly above 11 M in 2024.

	2021	2022	2023	2024 (projected)
Cost Of Revenue	892.0M	844.0M	1.0B	720.4M
EBITDA	76.7M	217.9M	250.6M	153.5M

Cost Of Revenue Ebitda

National Energy fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Common Stock Shares Outstanding	Non Current Liabilities Total	Total Liab	Net Invested Capital	Total Current Assets	Non Current Liabilities Other	Net Working Capital	Net Debt	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Good Will	Long Term Debt Total	Capital Surpluse	Inventory	Short Long Term Debt	Capital Stock
Total Assets		0.96	0.98	-0.08	0.87	0.83	1.0	-0.97	0.99	0.99	0.99	1.0	0.99	-0.98	0.61	0.82	-0.92	0.83	0.73	0.69	0.75	0.9	0.9	0.9	0.55	0.72
Total Current Liabilities	0.96		0.89	-0.27	0.96	0.79	0.95	-0.86	0.94	0.95	0.99	0.94	0.97	-0.89	0.43	0.93	-0.91	0.83	0.71	0.71	0.85	0.92	0.91	0.95	0.74	0.81
Total Stockholder Equity	0.98	0.89		0.09	0.75	0.76	0.99	-0.99	0.99	0.95	0.93	0.99	0.95	-1.0	0.67	0.7	-0.87	0.73	0.65	0.65	0.64	0.84	0.85	0.82	0.41	0.62
Retained Earnings	-0.08	-0.27	0.09		-0.47	-0.16	-0.06	-0.12	-0.05	-0.13	-0.2	-0.01	-0.1	-0.07	0.53	-0.55	0.05	-0.32	-0.21	-0.01	-0.49	-0.12	-0.04	-0.28	-0.63	-0.59
Accounts Payable	0.87	0.96	0.75	-0.47		0.8	0.85	-0.72	0.83	0.89	0.94	0.83	0.9	-0.75	0.3	0.97	-0.85	0.86	0.74	0.69	0.89	0.88	0.85	0.93	0.81	0.84
Cash	0.83	0.79	0.76	-0.16	0.8		0.79	-0.77	0.78	0.89	0.85	0.82	0.88	-0.77	0.73	0.73	-0.82	0.97	0.98	0.7	0.61	0.77	0.8	0.78	0.35	0.62
Non Current Assets Total	1.0	0.95	0.99	-0.06	0.85	0.79		-0.97	1.0	0.98	0.98	1.0	0.98	-0.98	0.6	0.8	-0.9	0.79	0.69	0.66	0.73	0.89	0.89	0.88	0.54	0.71
Non Currrent Assets Other	-0.97	-0.86	-0.99	-0.12	-0.72	-0.77	-0.97		-0.98	-0.95	-0.92	-0.98	-0.94	1.0	-0.72	-0.65	0.84	-0.73	-0.67	-0.62	-0.58	-0.8	-0.82	-0.77	-0.35	-0.57
Common Stock Shares Outstanding	0.99	0.94	0.99	-0.05	0.83	0.78	1.0	-0.98		0.97	0.97	1.0	0.97	-0.99	0.6	0.78	-0.88	0.78	0.68	0.66	0.71	0.87	0.87	0.86	0.51	0.7
Non Current Liabilities Total	0.99	0.95	0.95	-0.13	0.89	0.89	0.98	-0.95	0.97		0.99	0.98	0.99	-0.96	0.65	0.84	-0.93	0.89	0.81	0.69	0.73	0.9	0.91	0.9	0.52	0.72
Total Liab	0.99	0.99	0.93	-0.2	0.94	0.85	0.98	-0.92	0.97	0.99		0.97	0.99	-0.93	0.55	0.89	-0.93	0.87	0.77	0.7	0.8	0.92	0.92	0.94	0.64	0.77
Net Invested Capital	1.0	0.94	0.99	-0.01	0.83	0.82	1.0	-0.98	1.0	0.98	0.97		0.98	-0.99	0.66	0.77	-0.9	0.81	0.73	0.67	0.69	0.88	0.89	0.87	0.48	0.68
Total Current Assets	0.99	0.97	0.95	-0.1	0.9	0.88	0.98	-0.94	0.97	0.99	0.99	0.98		-0.95	0.63	0.84	-0.94	0.88	0.8	0.74	0.77	0.92	0.93	0.92	0.56	0.74
Non Current Liabilities Other	-0.98	-0.89	-1.0	-0.07	-0.75	-0.77	-0.98	1.0	-0.99	-0.96	-0.93	-0.99	-0.95		-0.68	-0.7	0.85	-0.75	-0.66	-0.61	-0.61	-0.81	-0.83	-0.8	-0.41	-0.61
Net Working Capital	0.61	0.43	0.67	0.53	0.3	0.73	0.6	-0.72	0.6	0.65	0.55	0.66	0.63	-0.68		0.17	-0.6	0.58	0.68	0.49	0.11	0.52	0.6	0.37	-0.24	0.04
Net Debt	0.82	0.93	0.7	-0.55	0.97	0.73	0.8	-0.65	0.78	0.84	0.89	0.77	0.84	-0.7	0.17		-0.83	0.84	0.67	0.59	0.88	0.85	0.82	0.95	0.86	0.91
Other Assets	-0.92	-0.91	-0.87	0.05	-0.85	-0.82	-0.9	0.84	-0.88	-0.93	-0.93	-0.9	-0.94	0.85	-0.6	-0.83		-0.85	-0.76	-0.73	-0.76	-0.98	-0.99	-0.94	-0.52	-0.69
Long Term Debt	0.83	0.83	0.73	-0.32	0.86	0.97	0.79	-0.73	0.78	0.89	0.87	0.81	0.88	-0.75	0.58	0.84	-0.85		0.95	0.64	0.68	0.81	0.82	0.86	0.49	0.74
Cash And Short Term Investments	0.73	0.71	0.65	-0.21	0.74	0.98	0.69	-0.67	0.68	0.81	0.77	0.73	0.8	-0.66	0.68	0.67	-0.76	0.95		0.71	0.6	0.72	0.74	0.71	0.29	0.61
Net Receivables	0.69	0.71	0.65	-0.01	0.69	0.7	0.66	-0.62	0.66	0.69	0.7	0.67	0.74	-0.61	0.49	0.59	-0.73	0.64	0.71		0.81	0.78	0.73	0.69	0.38	0.64
Good Will	0.75	0.85	0.64	-0.49	0.89	0.61	0.73	-0.58	0.71	0.73	0.8	0.69	0.77	-0.61	0.11	0.88	-0.76	0.68	0.6	0.81		0.84	0.75	0.84	0.76	0.9
Long Term Debt Total	0.9	0.92	0.84	-0.12	0.88	0.77	0.89	-0.8	0.87	0.9	0.92	0.88	0.92	-0.81	0.52	0.85	-0.98	0.81	0.72	0.78	0.84		0.99	0.93	0.56	0.72
Capital Surpluse	0.9	0.91	0.85	-0.04	0.85	0.8	0.89	-0.82	0.87	0.91	0.92	0.89	0.93	-0.83	0.6	0.82	-0.99	0.82	0.74	0.73	0.75	0.99		0.92	0.52	0.65
Inventory	0.9	0.95	0.82	-0.28	0.93	0.78	0.88	-0.77	0.86	0.9	0.94	0.87	0.92	-0.8	0.37	0.95	-0.94	0.86	0.71	0.69	0.84	0.93	0.92		0.76	0.86
Short Long Term Debt	0.55	0.74	0.41	-0.63	0.81	0.35	0.54	-0.35	0.51	0.52	0.64	0.48	0.56	-0.41	-0.24	0.86	-0.52	0.49	0.29	0.38	0.76	0.56	0.52	0.76		0.78
Capital Stock	0.72	0.81	0.62	-0.59	0.84	0.62	0.71	-0.57	0.7	0.72	0.77	0.68	0.74	-0.61	0.04	0.91	-0.69	0.74	0.61	0.64	0.9	0.72	0.65	0.86	0.78

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National Energy Account Relationship Matchups

National Energy fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.5B	1.7B	1.8B	1.8B	1.8B	1.6B
Other Current Liab	25.6M	104.2M	17.8M	26.2M	31.1M	36.9M
Total Current Liabilities	228.1M	359.4M	431.9M	544.1M	533.4M	365.1M
Total Stockholder Equity	886.5M	944.4M	821.0M	802.3M	821.5M	836.9M
Retained Earnings	67.7M	117.7M	(35.8M)	(75.0M)	(62.4M)	(59.3M)
Accounts Payable	65.7M	144.6M	314.6M	353.5M	351.2M	204.2M
Cash	73.2M	75.0M	205.8M	78.9M	67.8M	82.7M
Non Current Assets Total	1.1B	1.2B	1.2B	1.3B	1.3B	1.1B
Non Currrent Assets Other	2.4M	2.8M	11.7M	51.5M	52.3M	40.9M
Common Stock Shares Outstanding	87.2M	89.1M	91.0M	94.0M	94.7M	89.6M
Non Current Liabilities Total	407.8M	383.3M	578.4M	481.9M	442.8M	407.4M
Other Current Assets	52.4M	15.4M	12.5M	16.7M	20.0M	19.3M
Total Liab	635.9M	742.6M	1.0B	1.0B	976.2M	772.5M
Net Invested Capital	1.3B	1.3B	1.4B	1.3B	1.3B	1.3B
Total Current Assets	403.2M	515.2M	627.4M	537.8M	541.7M	459.8M
Non Current Liabilities Other	34.2M	32.1M	37.2M	40.6M	57.2M	45.6M
Net Working Capital	175.1M	155.9M	195.5M	(6.3M)	8.3M	7.9M
Net Debt	310.3M	323.5M	390.1M	456.2M	416.9M	398.6M
Long Term Debt	330.6M	308.6M	508.8M	391.9M	331.6M	384.4M
Cash And Short Term Investments	73.2M	75.0M	205.8M	67.8M	78.0M	98.3M
Net Receivables	175.1M	330.5M	315.3M	148.7M	355.5M	271.9M
Inventory	78.8M	94.3M	93.9M	110.5M	98.4M	97.9M
Short Long Term Debt	53.0M	89.9M	87.1M	143.2M	120.6M	104.6M
Short Term Debt	38.0M	89.9M	87.1M	128.0M	147.2M	82.4M
Intangible Assets	122.7M	110.4M	121.6M	102.9M	84.3M	90.7M

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National Operating Income vs Ebitda Analysis

Operating Income vs Ebitda

Operating Income vs Ebitda Correlation Analysis

Correlation Coefficient

Operating Income

Ebitda

National Energy fundamental ratios Correlations

National Energy Account Relationship Matchups

High Positive Relationship

High Negative Relationship

National Energy fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Net Invested Capital	+ 1.0	Total Assets
Common Stock Shares Outstanding	+ 1.0	Non Current Assets Total
Net Invested Capital	+ 1.0	Non Current Assets Total
Non Current Liabilities Other	+ 1.0	Non Currrent Assets Other
Net Invested Capital	+ 1.0	Common Stock Shares Outstanding

Non Current Liabilities Other	- 1.0	Total Stockholder Equity
Capital Surpluse	- 0.99	Other Assets
Non Current Liabilities Other	- 0.99	Net Invested Capital
Non Current Liabilities Other	- 0.99	Common Stock Shares Outstanding
Non Currrent Assets Other	- 0.99	Total Stockholder Equity
Long Term Debt Total	- 0.98	Other Assets