Nordstrom Property Plant Equipment vs Accounts Payable 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 Property Plant Equipment and its Accounts Payable 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.

Property Plant Equipment vs Accounts Payable

Property Plant Equipment vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nordstrom Property Plant Equipment account and Accounts Payable. At this time, the significance of the direction appears to have strong relationship.
The correlation between Nordstrom's Property Plant Equipment and Accounts Payable is 0.78. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Nordstrom, assuming nothing else is changed. The correlation between historical values of Nordstrom's Property Plant Equipment and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of Nordstrom are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Property Plant Equipment i.e., Nordstrom's Property Plant Equipment and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.78
Relationship DirectionPositive 
Relationship StrengthSignificant

Property Plant Equipment

Accounts Payable

An accounting item on the balance sheet that represents Nordstrom obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Nordstrom are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
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 Profit5.4B5.5B5.4B3.2B
Total Revenue14.8B15.5B14.7B8.9B

Nordstrom fundamental ratios Correlations

0.70.780.870.290.790.53-0.280.50.810.350.490.25-0.870.950.820.59-0.180.950.710.210.850.190.430.550.91
0.70.410.62-0.030.740.94-0.610.080.720.530.09-0.07-0.760.790.570.60.330.740.320.570.630.69-0.040.450.57
0.780.410.9-0.10.820.33-0.550.230.850.520.22-0.23-0.890.740.950.21-0.250.840.290.040.850.160.610.740.63
0.870.620.9-0.130.890.51-0.580.290.90.490.29-0.17-0.930.840.90.53-0.190.940.370.390.950.180.50.70.68
0.29-0.03-0.1-0.13-0.3-0.250.680.63-0.28-0.230.640.920.10.07-0.130.06-0.03-0.020.81-0.29-0.13-0.290.3-0.270.55
0.790.740.820.89-0.30.74-0.730.00.990.48-0.01-0.34-0.930.880.880.43-0.080.920.140.320.890.440.180.660.5
0.530.940.330.51-0.250.74-0.73-0.260.710.52-0.25-0.27-0.680.670.530.50.390.630.040.530.570.8-0.220.410.33
-0.28-0.61-0.55-0.580.68-0.73-0.730.41-0.72-0.730.410.790.7-0.43-0.63-0.15-0.34-0.510.38-0.46-0.56-0.72-0.05-0.65-0.04
0.50.080.230.290.630.0-0.260.410.01-0.041.00.61-0.180.310.10.28-0.260.320.810.050.16-0.40.530.090.66
0.810.720.850.9-0.280.990.71-0.720.010.530.01-0.34-0.940.890.910.41-0.080.930.160.30.890.430.240.720.53
0.350.530.520.49-0.230.480.52-0.73-0.040.53-0.03-0.45-0.640.370.60.00.510.44-0.040.430.370.650.50.860.35
0.490.090.220.290.64-0.01-0.250.411.00.01-0.030.61-0.180.310.10.28-0.240.310.810.060.15-0.390.540.080.66
0.25-0.07-0.23-0.170.92-0.34-0.270.790.61-0.34-0.450.610.210.08-0.230.24-0.19-0.030.82-0.26-0.14-0.390.09-0.380.5
-0.87-0.76-0.89-0.930.1-0.93-0.680.7-0.18-0.94-0.64-0.180.21-0.88-0.94-0.41-0.04-0.94-0.33-0.31-0.9-0.46-0.42-0.75-0.69
0.950.790.740.840.070.880.67-0.430.310.890.370.310.08-0.880.820.6-0.150.970.530.220.840.340.210.590.79
0.820.570.950.9-0.130.880.53-0.630.10.910.60.1-0.23-0.940.820.27-0.120.890.280.110.880.370.490.790.66
0.590.60.210.530.060.430.5-0.150.280.410.00.280.24-0.410.60.27-0.140.590.490.460.60.02-0.060.090.5
-0.180.33-0.25-0.19-0.03-0.080.39-0.34-0.26-0.080.51-0.24-0.19-0.04-0.15-0.12-0.14-0.18-0.20.37-0.230.63-0.10.18-0.15
0.950.740.840.94-0.020.920.63-0.510.320.930.440.31-0.03-0.940.970.890.59-0.180.480.310.930.290.350.660.77
0.710.320.290.370.810.140.040.380.810.16-0.040.810.82-0.330.530.280.49-0.20.48-0.010.35-0.20.420.070.88
0.210.570.040.39-0.290.320.53-0.460.050.30.430.06-0.26-0.310.220.110.460.370.31-0.010.260.38-0.020.320.11
0.850.630.850.95-0.130.890.57-0.560.160.890.370.15-0.14-0.90.840.880.6-0.230.930.350.260.160.380.560.64
0.190.690.160.18-0.290.440.8-0.72-0.40.430.65-0.39-0.39-0.460.340.370.020.630.29-0.20.380.16-0.250.460.1
0.43-0.040.610.50.30.18-0.22-0.050.530.240.50.540.09-0.420.210.49-0.06-0.10.350.42-0.020.38-0.250.560.56
0.550.450.740.7-0.270.660.41-0.650.090.720.860.08-0.38-0.750.590.790.090.180.660.070.320.560.460.560.47
0.910.570.630.680.550.50.33-0.040.660.530.350.660.5-0.690.790.660.5-0.150.770.880.110.640.10.560.47
Click cells to compare fundamentals

Nordstrom Account Relationship Matchups

Nordstrom fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets9.7B9.5B8.9B8.7B8.4B5.6B
Short Long Term Debt Total4.8B5.2B4.7B4.6B4.5B4.7B
Total Current Liabilities3.5B4.1B3.3B3.0B3.1B1.8B
Total Stockholder Equity979M305M581M739M848M1.3B
Property Plant And Equipment Net6.0B5.3B5.1B4.8B4.5B2.4B
Net Debt3.9B4.5B4.3B4.0B3.9B4.0B
Retained Earnings(2.1B)(2.8B)(2.7B)(2.6B)(2.6B)(2.4B)
Cash853M681M322M687M628M499.5M
Non Current Assets Total6.5B5.9B5.7B5.5B5.3B2.8B
Non Currrent Assets Other305M334M390M466M523M549.2M
Cash And Short Term Investments853M681M322M687M628M542.8M
Net Receivables179M245M255M265M334M317.3M
Common Stock Shares Outstanding156.1M157.2M162.5M162.1M163.4M203.2M
Liabilities And Stockholders Equity9.7B9.5B8.9B8.7B8.4B5.6B
Non Current Liabilities Total5.2B5.1B5.0B5.0B4.5B2.4B
Inventory1.9B1.9B2.3B1.9B1.9B1.2B
Other Stockholder Equity(68M)(70M)(50M)(26M)3.4B3.6B
Total Liab8.8B9.2B8.3B8.0B7.6B4.2B
Total Current Assets3.2B3.6B3.2B3.2B3.1B2.8B
Short Term Debt244M760M242M258M490M514.5M
Accounts Payable1.6B2.0B1.5B1.2B1.2B841.9M
Property Plant And Equipment Gross6.0B5.3B12.8B13.1B12.8B13.4B
Accumulated Other Comprehensive Income(68M)(70M)(50M)(26M)8M8.4M
Other Liab687M657M565M634M729.1M778.0M
Other Assets305M334M390M466M535.9M273.6M
Long Term Debt2.7B2.8B2.9B2.9B2.6B2.4B
Common Stock Total Equity2.8B3.0B3.1B3.2B3.7B2.0B
Common Stock3.1B3.2B3.3B3.4B3.4B1.9B
Property Plant Equipment4.2B5.3B5.1B4.8B5.5B3.1B
Current Deferred Revenue510M352M366M370M343M405.5M
Net Tangible Assets2.6B56M332M490M441M419.0M
Long Term Debt Total2.7B2.8B2.9B2.9B3.3B3.1B
Non Current Liabilities Other683M657M565M634M535M557.2M

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When determining whether Nordstrom offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Nordstrom's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Nordstrom Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Nordstrom Stock:
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.
You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.

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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.