NPK National Presto Industries Inc...

Exchange

NYSE

Sector

Capital Goods

Industry

Ordnance And Accessories

Market Cap.

529.5M

Very Strong Balance Sheet

NPK has more Cash than its Total Liabilities, resulting in $8.41 Net Cash per share. In other words, if you buy NPK today, the price you're paying for shares is actually $68.38 because $8.41 of Cash is included in the current share price. This much Cash is very healthy. It can help NPK sustain itself in the face of any economic turmoil and makes a stock buyback more of a possibility.

Figures in USD. Fiscal year ends in December

	2002	2003	2004	2005	2006	2007	2008	2009	2010	2011
Cash	207.22M	213.60M	180.82M	173.58M	143.62M	143.27M	145.91M	167.42M	150.72M	133.36M
Current Assets	261.10M	267.86M	257.50M	257.19M	273.18M	303.78M	299.52M	342.07M	345.54M	328.91M
Total Assets	289.99M	301.39M	305.83M	315.53M	344.98M	374.68M	365.88M	402.41M	415.13M	411.64M
Current Liabilities	51.74M	55.12M	48.73M	50.32M	63.03M	76.78M	51.89M	61.05M	66.73M	65.95M
Total Liabilities	51.74M	55.12M	50.35M	52.48M	64.63M	80.07M	55.28M	66.53M	71.20M	75.35M
Stockholder' Equity	238.26M	246.27M	255.48M	263.05M	280.34M	294.61M	310.61M	335.87M	343.94M	336.29M
Current Ratio	5.05	4.86	5.28	5.11	4.33	3.96	5.77	5.60	5.18	4.99
TL-to-TA	0.18	0.18	0.16	0.17	0.19	0.21	0.15	0.17	0.17	0.18

Low or No Reinvestment of Profits over the past 10 years

NPK has either been retaining a small amount of their earnings or has done so inconsistently. A lack of consistency could be due to NPK operating at a loss or them having such a strong economic moat they feel comfortable spending profits on growth. Be wary of future prospects and if applicable, inspect the moat's sustainability.

Figures in USD. Fiscal year ends in December

	2002	2003	2004	2005	2006	2007	2008	2009	2010	2011
Retained Earnings	249.31M	258.51M	265.97M	273.54M	290.52M	304.25M	319.36M	343.93M	351.57M	342.87M
Retained Earnings Growth	-	3.69%	2.89%	2.85%	6.21%	4.72%	4.97%	7.69%	2.22%	-2.47%