Nordstrom Good Will vs Total Stockholder Equity Analysis
JWN Stock | USD 19.13 0.13 0.68% |
Nordstrom financial indicator trend analysis is infinitely more than just investigating Nordstrom recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nordstrom is a good investment. Please check the relationship between Nordstrom Good Will and its Total Stockholder Equity accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Nordstrom. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in housing. To learn how to invest in Nordstrom Stock, please use our How to Invest in Nordstrom guide.
Good Will vs Total Stockholder Equity
Good Will vs Total Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nordstrom Good Will account and Total Stockholder Equity. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Nordstrom's Good Will and Total Stockholder Equity is 0.17. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Nordstrom, assuming nothing else is changed. The correlation between historical values of Nordstrom's Good Will and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Nordstrom are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Good Will i.e., Nordstrom's Good Will and Total Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.17 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Most indicators from Nordstrom's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nordstrom 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Nordstrom. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in housing. To learn how to invest in Nordstrom Stock, please use our How to Invest in Nordstrom guide.At this time, Nordstrom's Sales General And Administrative To Revenue is very stable compared to the past year. As of the 27th of April 2024, Enterprise Value Over EBITDA is likely to grow to 9.17, while Selling General Administrative is likely to drop about 3 B.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 5.4B | 5.5B | 5.4B | 3.2B | Total Revenue | 14.8B | 15.5B | 14.7B | 8.9B |
Nordstrom fundamental ratios Correlations
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Nordstrom Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Nordstrom fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 9.7B | 9.5B | 8.9B | 8.7B | 8.4B | 5.6B | |
Short Long Term Debt Total | 4.8B | 5.2B | 4.7B | 4.6B | 4.5B | 4.7B | |
Total Current Liabilities | 3.5B | 4.1B | 3.3B | 3.0B | 3.1B | 1.8B | |
Total Stockholder Equity | 979M | 305M | 581M | 739M | 848M | 1.3B | |
Property Plant And Equipment Net | 6.0B | 5.3B | 5.1B | 4.8B | 4.5B | 2.4B | |
Net Debt | 3.9B | 4.5B | 4.3B | 4.0B | 3.9B | 4.0B | |
Retained Earnings | (2.1B) | (2.8B) | (2.7B) | (2.6B) | (2.6B) | (2.4B) | |
Cash | 853M | 681M | 322M | 687M | 628M | 499.5M | |
Non Current Assets Total | 6.5B | 5.9B | 5.7B | 5.5B | 5.3B | 2.8B | |
Non Currrent Assets Other | 305M | 334M | 390M | 466M | 523M | 549.2M | |
Cash And Short Term Investments | 853M | 681M | 322M | 687M | 628M | 542.8M | |
Net Receivables | 179M | 245M | 255M | 265M | 334M | 317.3M | |
Common Stock Shares Outstanding | 156.1M | 157.2M | 162.5M | 162.1M | 163.4M | 203.2M | |
Liabilities And Stockholders Equity | 9.7B | 9.5B | 8.9B | 8.7B | 8.4B | 5.6B | |
Non Current Liabilities Total | 5.2B | 5.1B | 5.0B | 5.0B | 4.5B | 2.4B | |
Inventory | 1.9B | 1.9B | 2.3B | 1.9B | 1.9B | 1.2B | |
Other Stockholder Equity | (68M) | (70M) | (50M) | (26M) | 3.4B | 3.6B | |
Total Liab | 8.8B | 9.2B | 8.3B | 8.0B | 7.6B | 4.2B | |
Total Current Assets | 3.2B | 3.6B | 3.2B | 3.2B | 3.1B | 2.8B | |
Short Term Debt | 244M | 760M | 242M | 258M | 490M | 514.5M | |
Accounts Payable | 1.6B | 2.0B | 1.5B | 1.2B | 1.2B | 841.9M | |
Property Plant And Equipment Gross | 6.0B | 5.3B | 12.8B | 13.1B | 12.8B | 13.4B | |
Accumulated Other Comprehensive Income | (68M) | (70M) | (50M) | (26M) | 8M | 8.4M | |
Other Liab | 687M | 657M | 565M | 634M | 729.1M | 778.0M | |
Other Assets | 305M | 334M | 390M | 466M | 535.9M | 273.6M | |
Long Term Debt | 2.7B | 2.8B | 2.9B | 2.9B | 2.6B | 2.4B | |
Common Stock Total Equity | 2.8B | 3.0B | 3.1B | 3.2B | 3.7B | 2.0B | |
Common Stock | 3.1B | 3.2B | 3.3B | 3.4B | 3.4B | 1.9B | |
Property Plant Equipment | 4.2B | 5.3B | 5.1B | 4.8B | 5.5B | 3.1B | |
Current Deferred Revenue | 510M | 352M | 366M | 370M | 343M | 405.5M | |
Net Tangible Assets | 2.6B | 56M | 332M | 490M | 441M | 419.0M | |
Long Term Debt Total | 2.7B | 2.8B | 2.9B | 2.9B | 3.3B | 3.1B | |
Non Current Liabilities Other | 683M | 657M | 565M | 634M | 535M | 557.2M |
Nordstrom Investors Sentiment
The influence of Nordstrom's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Nordstrom. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Nordstrom's public news can be used to forecast risks associated with an investment in Nordstrom. The trend in average sentiment can be used to explain how an investor holding Nordstrom can time the market purely based on public headlines and social activities around Nordstrom. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Nordstrom's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Nordstrom's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Nordstrom's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Nordstrom.
Nordstrom Implied Volatility | 51.14 |
Nordstrom's implied volatility exposes the market's sentiment of Nordstrom stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Nordstrom's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Nordstrom stock will not fluctuate a lot when Nordstrom's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Nordstrom in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Nordstrom's short interest history, or implied volatility extrapolated from Nordstrom options trading.
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When running Nordstrom's price analysis, check to measure Nordstrom's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nordstrom is operating at the current time. Most of Nordstrom's value examination focuses on studying past and present price action to predict the probability of Nordstrom's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nordstrom's price. Additionally, you may evaluate how the addition of Nordstrom to your portfolios can decrease your overall portfolio volatility.
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Is Nordstrom's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Nordstrom. If investors know Nordstrom will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Nordstrom listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.098 | Dividend Share 0.76 | Earnings Share 0.82 | Revenue Per Share 90.81 | Quarterly Revenue Growth 0.023 |
The market value of Nordstrom is measured differently than its book value, which is the value of Nordstrom that is recorded on the company's balance sheet. Investors also form their own opinion of Nordstrom's value that differs from its market value or its book value, called intrinsic value, which is Nordstrom's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nordstrom's market value can be influenced by many factors that don't directly affect Nordstrom's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Nordstrom's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nordstrom is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nordstrom's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.