Nucor Cash And Equivalents vs Net Tangible Assets Analysis

NUE Stock

USD 175.42 0.46 0.26%

Nucor Corp financial indicator trend analysis is infinitely more than just investigating Nucor Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nucor Corp is a good investment. Please check the relationship between Nucor Corp Cash And Equivalents and its Net Tangible Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nucor Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment.

For information on how to trade Nucor Stock refer to our How to Trade Nucor Stock guide.

Cash And Equivalents vs Net Tangible Assets

Cash And Equivalents vs Net Tangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nucor Corp Cash And Equivalents account and Net Tangible Assets. At this time, the significance of the direction appears to have strong relationship.

The correlation between Nucor Corp's Cash And Equivalents and Net Tangible Assets is 0.66. Overlapping area represents the amount of variation of Cash And Equivalents that can explain the historical movement of Net Tangible Assets in the same time period over historical financial statements of Nucor Corp, assuming nothing else is changed. The correlation between historical values of Nucor Corp's Cash And Equivalents and Net Tangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Equivalents of Nucor Corp are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Cash And Equivalents i.e., Nucor Corp's Cash And Equivalents and Net Tangible Assets go up and down completely randomly.

Correlation Coefficient

0.66

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Cash And Equivalents

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Most indicators from Nucor Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nucor Corp 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 Nucor Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment.

For information on how to trade Nucor Stock refer to our How to Trade Nucor Stock guide.At present, Nucor Corp's Issuance Of Capital Stock is projected to decrease significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 0.04, whereas Tax Provision is forecasted to decline to about 926.7 M.

	2021	2022	2023	2024 (projected)
Gross Profit	11.0B	12.5B	7.8B	8.2B
Total Revenue	36.5B	41.5B	34.7B	36.4B

Gross Profit Total Revenue

Nucor Corp fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Accounts Payable	Property Plant And Equipment Gross	Common Stock Total Equity	Common Stock	Other Liab
Total Assets		0.95	0.94	0.93	1.0	0.99	-0.15	0.98	0.92	1.0	-0.33	0.91	0.93	-0.97	0.96	0.92	0.41	-0.9	0.99	0.99	0.02	0.93	0.94	0.54	0.55	0.93
Short Long Term Debt Total	0.95		0.86	0.87	0.92	0.95	0.09	0.87	0.83	0.96	-0.1	0.83	0.9	-0.87	0.99	0.86	0.52	-0.74	0.98	0.93	0.07	0.88	0.82	0.73	0.73	0.82
Other Current Liab	0.94	0.86		0.97	0.93	0.92	-0.07	0.93	0.8	0.92	-0.33	0.78	0.97	-0.9	0.86	0.96	0.35	-0.88	0.94	0.95	0.14	0.91	0.94	0.46	0.46	0.87
Total Current Liabilities	0.93	0.87	0.97		0.92	0.91	0.0	0.9	0.77	0.9	-0.19	0.77	0.97	-0.86	0.84	0.96	0.35	-0.82	0.94	0.95	0.3	0.96	0.9	0.53	0.53	0.82
Total Stockholder Equity	1.0	0.92	0.93	0.92		0.99	-0.22	0.99	0.94	0.99	-0.38	0.93	0.9	-0.98	0.94	0.91	0.37	-0.92	0.97	0.99	-0.01	0.92	0.95	0.49	0.5	0.95
Property Plant And Equipment Net	0.99	0.95	0.92	0.91	0.99		-0.15	0.97	0.92	0.99	-0.35	0.9	0.91	-0.95	0.96	0.92	0.39	-0.88	0.98	0.98	-0.02	0.92	0.93	0.55	0.55	0.93
Net Debt	-0.15	0.09	-0.07	0.0	-0.22	-0.15		-0.33	-0.48	-0.13	0.83	-0.46	0.12	0.34	0.0	0.03	0.46	0.49	0.0	-0.16	0.34	0.01	-0.34	0.58	0.58	-0.43
Retained Earnings	0.98	0.87	0.93	0.9	0.99	0.97	-0.33		0.95	0.97	-0.48	0.94	0.87	-0.99	0.9	0.88	0.31	-0.97	0.94	0.98	-0.04	0.89	0.98	0.38	0.39	0.97
Cash	0.92	0.83	0.8	0.77	0.94	0.92	-0.48	0.95		0.92	-0.56	0.99	0.72	-0.95	0.87	0.74	0.2	-0.93	0.86	0.91	-0.13	0.77	0.91	0.31	0.32	0.96
Non Current Assets Total	1.0	0.96	0.92	0.9	0.99	0.99	-0.13	0.97	0.92		-0.32	0.91	0.91	-0.96	0.97	0.9	0.44	-0.89	0.98	0.98	0.0	0.91	0.92	0.57	0.58	0.92
Non Currrent Assets Other	-0.33	-0.1	-0.33	-0.19	-0.38	-0.35	0.83	-0.48	-0.56	-0.32		-0.5	-0.13	0.48	-0.21	-0.22	0.21	0.63	-0.21	-0.34	0.41	-0.15	-0.52	0.46	0.46	-0.61
Cash And Short Term Investments	0.91	0.83	0.78	0.77	0.93	0.9	-0.46	0.94	0.99	0.91	-0.5		0.71	-0.95	0.86	0.72	0.24	-0.92	0.86	0.91	-0.07	0.76	0.9	0.32	0.33	0.94
Net Receivables	0.93	0.9	0.97	0.97	0.9	0.91	0.12	0.87	0.72	0.91	-0.13	0.71		-0.84	0.88	0.98	0.46	-0.78	0.95	0.94	0.17	0.96	0.87	0.59	0.6	0.78
Common Stock Shares Outstanding	-0.97	-0.87	-0.9	-0.86	-0.98	-0.95	0.34	-0.99	-0.95	-0.96	0.48	-0.95	-0.84		-0.9	-0.84	-0.38	0.97	-0.92	-0.96	0.08	-0.86	-0.96	-0.39	-0.39	-0.96
Non Current Liabilities Total	0.96	0.99	0.86	0.84	0.94	0.96	0.0	0.9	0.87	0.97	-0.21	0.86	0.88	-0.9		0.85	0.54	-0.79	0.98	0.94	-0.07	0.86	0.85	0.65	0.66	0.85
Inventory	0.92	0.86	0.96	0.96	0.91	0.92	0.03	0.88	0.74	0.9	-0.22	0.72	0.98	-0.84	0.85		0.34	-0.79	0.93	0.94	0.09	0.96	0.86	0.55	0.55	0.81
Other Current Assets	0.41	0.52	0.35	0.35	0.37	0.39	0.46	0.31	0.2	0.44	0.21	0.24	0.46	-0.38	0.54	0.34		-0.22	0.48	0.38	-0.04	0.38	0.27	0.54	0.53	0.21
Other Stockholder Equity	-0.9	-0.74	-0.88	-0.82	-0.92	-0.88	0.49	-0.97	-0.93	-0.89	0.63	-0.92	-0.78	0.97	-0.79	-0.79	-0.22		-0.84	-0.91	0.09	-0.79	-0.98	-0.17	-0.18	-0.94
Total Liab	0.99	0.98	0.94	0.94	0.97	0.98	0.0	0.94	0.86	0.98	-0.21	0.86	0.95	-0.92	0.98	0.93	0.48	-0.84		0.98	0.08	0.94	0.9	0.63	0.64	0.87
Total Current Assets	0.99	0.93	0.95	0.95	0.99	0.98	-0.16	0.98	0.91	0.98	-0.34	0.91	0.94	-0.96	0.94	0.94	0.38	-0.91	0.98		0.04	0.95	0.95	0.51	0.51	0.93
Short Term Debt	0.02	0.07	0.14	0.3	-0.01	-0.02	0.34	-0.04	-0.13	0.0	0.41	-0.07	0.17	0.08	-0.07	0.09	-0.04	0.09	0.08	0.04		0.13	0.02	0.27	0.27	-0.08
Accounts Payable	0.93	0.88	0.91	0.96	0.92	0.92	0.01	0.89	0.77	0.91	-0.15	0.76	0.96	-0.86	0.86	0.96	0.38	-0.79	0.94	0.95	0.13		0.86	0.57	0.57	0.79
Property Plant And Equipment Gross	0.94	0.82	0.94	0.9	0.95	0.93	-0.34	0.98	0.91	0.92	-0.52	0.9	0.87	-0.96	0.85	0.86	0.27	-0.98	0.9	0.95	0.02	0.86		0.29	0.29	0.94
Common Stock Total Equity	0.54	0.73	0.46	0.53	0.49	0.55	0.58	0.38	0.31	0.57	0.46	0.32	0.59	-0.39	0.65	0.55	0.54	-0.17	0.63	0.51	0.27	0.57	0.29		1.0	0.3
Common Stock	0.55	0.73	0.46	0.53	0.5	0.55	0.58	0.39	0.32	0.58	0.46	0.33	0.6	-0.39	0.66	0.55	0.53	-0.18	0.64	0.51	0.27	0.57	0.29	1.0		0.31
Other Liab	0.93	0.82	0.87	0.82	0.95	0.93	-0.43	0.97	0.96	0.92	-0.61	0.94	0.78	-0.96	0.85	0.81	0.21	-0.94	0.87	0.93	-0.08	0.79	0.94	0.3	0.31

Click cells to compare fundamentals

Nucor Corp Account Relationship Matchups

Nucor Corp fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	18.3B	20.1B	25.8B	32.5B	35.3B	37.1B
Short Long Term Debt Total	4.4B	5.3B	5.7B	6.7B	6.9B	7.3B
Other Current Liab	1.1B	1.0B	2.2B	2.3B	2.0B	2.1B
Total Current Liabilities	2.5B	2.6B	5.2B	4.3B	4.6B	4.8B
Total Stockholder Equity	10.4B	10.8B	14.0B	18.4B	20.9B	22.0B
Property Plant And Equipment Net	6.2B	6.9B	8.1B	9.6B	11.2B	11.7B
Net Debt	2.8B	2.7B	3.3B	2.4B	566.0M	537.7M
Retained Earnings	11.1B	11.3B	17.7B	24.8B	28.8B	30.2B
Cash	1.5B	2.6B	2.4B	4.3B	6.4B	6.7B
Non Current Assets Total	10.1B	10.6B	13.0B	17.8B	19.0B	19.9B
Non Currrent Assets Other	996.5M	839.9M	977.6M	249.1M	201.4M	191.4M
Cash And Short Term Investments	1.8B	3.0B	2.6B	4.9B	7.1B	7.5B
Net Receivables	2.2B	2.3B	3.9B	3.6B	3.3B	3.5B
Common Stock Shares Outstanding	305.5M	303.3M	293.4M	263.2M	250.4M	258.2M
Liabilities And Stockholders Equity	18.3B	20.1B	25.8B	32.5B	35.3B	37.1B
Non Current Liabilities Total	5.1B	6.3B	6.1B	8.6B	8.6B	9.1B
Inventory	3.8B	3.6B	6.0B	5.5B	5.6B	5.9B
Other Current Assets	389.5M	573.0M	316.5M	789.3M	377.9M	236.5M
Other Stockholder Equity	(606.3M)	(588.4M)	(3.7B)	(6.4B)	(7.8B)	(7.4B)
Total Liab	7.6B	8.9B	11.2B	12.9B	13.2B	13.9B
Total Current Assets	8.2B	9.5B	12.8B	14.7B	16.4B	17.2B
Short Term Debt	91.7M	68.8M	723.4M	77.7M	218.7M	134.6M
Accounts Payable	1.2B	1.4B	2.0B	1.6B	2.0B	2.1B
Property Plant And Equipment Gross	6.2B	6.9B	18.5B	20.7B	22.8B	24.0B
Accumulated Other Comprehensive Income	(303.0M)	(118.9M)	(115.3M)	(137.5M)	(162.1M)	(170.2M)
Other Liab	723.5M	993.9M	1.1B	1.9B	2.2B	2.3B
Long Term Debt	4.2B	5.3B	5.0B	6.6B	6.5B	3.5B
Treasury Stock	(2.5B)	(2.7B)	(2.7B)	(5.8B)	(5.3B)	(5.0B)
Property Plant Equipment	6.2B	6.9B	8.1B	9.6B	11.1B	11.6B
Other Assets	112.2M	839.9M	977.6M	264.5M	304.2M	316.2M
Short Term Investments	300.0M	408.0M	253.0M	576.9M	747.5M	784.9M
Good Will	2.2B	2.2B	2.8B	3.9B	4.0B	2.3B
Intangible Assets	742.2M	668.0M	1.1B	3.3B	3.1B	3.3B
Net Tangible Assets	7.4B	7.9B	10.1B	11.2B	12.8B	7.1B
Noncontrolling Interest In Consolidated Entity	433.3M	443.2M	587.4M	1.2B	1.0B	1.2B
Retained Earnings Total Equity	11.1B	11.3B	17.7B	24.8B	28.5B	29.9B

Nucor Corp Investors Sentiment

The influence of Nucor Corp'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 Nucor. 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 Nucor Corp's public news can be used to forecast risks associated with an investment in Nucor. The trend in average sentiment can be used to explain how an investor holding Nucor can time the market purely based on public headlines and social activities around Nucor Corp. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.

Nucor Corp'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 Nucor Corp'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 Nucor Corp's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Nucor Corp.

Nucor Corp Implied Volatility

34.03

Nucor Corp's implied volatility exposes the market's sentiment of Nucor Corp stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Nucor Corp'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 Nucor Corp stock will not fluctuate a lot when Nucor Corp'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 Nucor Corp 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, Nucor Corp's short interest history, or implied volatility extrapolated from Nucor Corp options trading.

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When determining whether Nucor Corp is a strong investment it is important to analyze Nucor Corp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Nucor Corp's future performance. For an informed investment choice regarding Nucor Stock, refer to the following important reports:

How To Invest In Nucor

Details

Is Nucor Stock a good investment?

Details

What is Nucor Corp's Net Worth?

Details

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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nucor Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment.

For information on how to trade Nucor Stock refer to our How to Trade Nucor Stock guide.

You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.

Complementary Tools for Nucor Stock analysis

When running Nucor Corp's price analysis, check to measure Nucor Corp'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 Nucor Corp is operating at the current time. Most of Nucor Corp's value examination focuses on studying past and present price action to predict the probability of Nucor Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nucor Corp's price. Additionally, you may evaluate how the addition of Nucor Corp to your portfolios can decrease your overall portfolio volatility.

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Is Nucor Corp'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 Nucor Corp. If investors know Nucor 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 Nucor Corp 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

(0.22)

Dividend Share

2.1

Earnings Share

17.02

Revenue Per Share

138.14

Quarterly Revenue Growth

(0.07)

The market value of Nucor Corp is measured differently than its book value, which is the value of Nucor that is recorded on the company's balance sheet. Investors also form their own opinion of Nucor Corp's value that differs from its market value or its book value, called intrinsic value, which is Nucor Corp'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 Nucor Corp's market value can be influenced by many factors that don't directly affect Nucor Corp'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 Nucor Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nucor Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nucor Corp'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.

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Nucor Cash And Equivalents vs Net Tangible Assets Analysis

Cash And Equivalents vs Net Tangible Assets

Cash And Equivalents vs Net Tangible Assets Correlation Analysis

Correlation Coefficient

Cash And Equivalents

Net Tangible Assets

Nucor Corp fundamental ratios Correlations

Nucor Corp Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Nucor Corp fundamental ratios Accounts

Nucor Corp Investors Sentiment

Nucor Corp Implied Volatility

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Complementary Tools for Nucor Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Common Stock	+ 1.0	Common Stock Total Equity
Property Plant And Equipment Net	+ 0.99	Total Assets
Total Liab	+ 0.99	Total Assets
Total Current Assets	+ 0.99	Total Assets

Common Stock Shares Outstanding	- 0.99	Retained Earnings
Property Plant And Equipment Gross	- 0.98	Other Stockholder Equity
Common Stock Shares Outstanding	- 0.98	Total Stockholder Equity
Other Stockholder Equity	- 0.97	Retained Earnings
Common Stock Shares Outstanding	- 0.97	Total Assets
Other Liab	- 0.96	Common Stock Shares Outstanding