Nordson Total Current Assets vs Long Term Debt Analysis

NDSN Stock  USD 271.44  3.12  1.14%   
Nordson financial indicator trend analysis is infinitely more than just investigating Nordson recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nordson is a good investment. Please check the relationship between Nordson Total Current Assets and its Long Term Debt accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nordson. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
To learn how to invest in Nordson Stock, please use our How to Invest in Nordson guide.

Total Current Assets vs Long Term Debt

Total Current Assets vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nordson Total Current Assets account and Long Term Debt. At this time, the significance of the direction appears to have strong relationship.
The correlation between Nordson's Total Current Assets and Long Term Debt is 0.77. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Nordson, assuming nothing else is changed. The correlation between historical values of Nordson's Total Current Assets and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of Nordson are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Total Current Assets i.e., Nordson's Total Current Assets and Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.77
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Long Term Debt

Long-term debt is a debt that Nordson has held for over one year. Long-term debt appears on Nordson balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Nordson balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
Most indicators from Nordson's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nordson 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 Nordson. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
To learn how to invest in Nordson Stock, please use our How to Invest in Nordson guide.As of the 16th of May 2024, Issuance Of Capital Stock is likely to grow to about 21.5 M, while Selling General Administrative is likely to drop about 465.8 M.
 2021 2022 2023 2024 (projected)
Total Revenue2.6B2.6B3.0B3.2B
Interest Expense20.4M56.8M65.3M68.6M

Nordson fundamental ratios Correlations

0.90.950.810.960.940.850.980.551.00.250.550.96-0.80.90.990.59-0.820.950.980.280.69-0.24-0.680.9-0.67
0.90.870.680.750.870.990.810.270.910.50.270.89-0.780.980.850.46-0.740.990.830.210.75-0.28-0.650.66-0.65
0.950.870.720.910.790.840.910.360.960.090.360.86-0.660.870.960.61-0.690.90.880.170.46-0.49-0.770.9-0.77
0.810.680.720.810.790.630.830.470.80.260.470.85-0.730.580.840.48-0.790.740.840.770.650.09-0.460.78-0.45
0.960.750.910.810.880.680.990.650.960.070.650.89-0.70.760.970.59-0.770.840.960.30.57-0.23-0.650.97-0.64
0.940.870.790.790.880.80.930.630.920.480.630.97-0.880.860.890.47-0.890.920.960.320.850.06-0.510.76-0.51
0.850.990.840.630.680.80.740.140.860.520.140.84-0.730.960.80.44-0.680.960.760.20.71-0.33-0.650.59-0.64
0.980.810.910.830.990.930.740.650.970.180.650.94-0.780.80.980.58-0.850.880.980.320.63-0.17-0.630.94-0.63
0.550.270.360.470.650.630.140.650.520.011.00.55-0.50.320.520.26-0.590.390.680.140.470.29-0.140.63-0.14
1.00.910.960.80.960.920.860.970.520.240.520.95-0.770.910.980.59-0.80.960.960.270.67-0.29-0.70.89-0.69
0.250.50.090.260.070.480.520.180.010.240.010.41-0.460.440.16-0.11-0.440.430.250.250.690.350.0-0.060.0
0.550.270.360.470.650.630.140.651.00.520.010.55-0.50.320.520.26-0.590.390.680.140.470.29-0.140.63-0.14
0.960.890.860.850.890.970.840.940.550.950.410.55-0.920.880.940.57-0.90.950.970.380.80.0-0.580.8-0.57
-0.8-0.78-0.66-0.73-0.7-0.88-0.73-0.78-0.5-0.77-0.46-0.5-0.92-0.79-0.78-0.590.89-0.84-0.86-0.31-0.81-0.250.34-0.580.41
0.90.980.870.580.760.860.960.80.320.910.440.320.88-0.790.840.51-0.730.980.830.050.73-0.3-0.650.65-0.65
0.990.850.960.840.970.890.80.980.520.980.160.520.94-0.780.840.64-0.820.910.970.320.6-0.26-0.690.93-0.69
0.590.460.610.480.590.470.440.580.260.59-0.110.260.57-0.590.510.64-0.50.540.60.130.28-0.18-0.210.55-0.49
-0.82-0.74-0.69-0.79-0.77-0.89-0.68-0.85-0.59-0.8-0.44-0.59-0.90.89-0.73-0.82-0.5-0.81-0.88-0.4-0.71-0.180.28-0.710.31
0.950.990.90.740.840.920.960.880.390.960.430.390.95-0.840.980.910.54-0.810.910.240.77-0.22-0.660.74-0.65
0.980.830.880.840.960.960.760.980.680.960.250.680.97-0.860.830.970.6-0.880.910.330.71-0.06-0.590.89-0.59
0.280.210.170.770.30.320.20.320.140.270.250.140.38-0.310.050.320.13-0.40.240.330.390.330.00.29-0.05
0.690.750.460.650.570.850.710.630.470.670.690.470.8-0.810.730.60.28-0.710.770.710.390.34-0.250.4-0.24
-0.24-0.28-0.490.09-0.230.06-0.33-0.170.29-0.290.350.290.0-0.25-0.3-0.26-0.18-0.18-0.22-0.060.330.340.54-0.30.54
-0.68-0.65-0.77-0.46-0.65-0.51-0.65-0.63-0.14-0.70.0-0.14-0.580.34-0.65-0.69-0.210.28-0.66-0.590.0-0.250.54-0.640.8
0.90.660.90.780.970.760.590.940.630.89-0.060.630.8-0.580.650.930.55-0.710.740.890.290.4-0.3-0.64-0.64
-0.67-0.65-0.77-0.45-0.64-0.51-0.64-0.63-0.14-0.690.0-0.14-0.570.41-0.65-0.69-0.490.31-0.65-0.59-0.05-0.240.540.8-0.64
Click cells to compare fundamentals

Nordson Account Relationship Matchups

Nordson fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.7B3.8B3.8B5.3B6.0B6.3B
Short Long Term Debt Total1.1B815.9M737.9M1.7B2.0B2.1B
Other Current Liab211.8M241.6M249.8M466.4M536.4M563.2M
Total Current Liabilities363.1M445.4M834.2M582.1M669.4M702.9M
Total Stockholder Equity1.8B2.2B2.3B2.6B3.0B3.1B
Property Plant And Equipment Net358.6M355.6M353.4M392.8M451.8M474.4M
Net Debt897.7M515.9M574.4M1.6B1.9B2.0B
Retained Earnings2.9B3.3B3.7B4.0B4.6B4.8B
Cash208.3M300.0M163.5M115.7M133.0M139.7M
Non Current Assets Total2.7B2.6B2.7B4.0B4.6B4.9B
Non Currrent Assets Other582.1M557.4M529.3M845.4M972.2M1.0B
Cash And Short Term Investments208.3M300.0M163.5M115.7M133.0M139.7M
Net Receivables471.9M489.4M537.3M590.9M679.5M713.5M
Common Stock Shares Outstanding58.5M58.7M58.2M57.6M51.9M55.1M
Liabilities And Stockholders Equity3.7B3.8B3.8B5.3B6.0B6.3B
Non Current Liabilities Total1.6B1.2B691.8M2.1B2.4B2.5B
Inventory277.0M327.2M383.4M454.8M523.0M549.1M
Other Current Assets43.8M48.3M48.8M68.0M78.2M41.0M
Other Stockholder Equity(935.9M)(942.3M)(1.2B)(1.2B)(1.1B)(1.0B)
Total Liab1.9B1.6B1.5B2.7B3.1B3.2B
Total Current Assets1.0B1.2B1.1B1.2B1.4B1.5B
Short Term Debt38.0M34.2M392.5M115.7M133.0M96.8M
Intangible Assets407.6M357.4M329.4M353.5M406.5M426.9M
Accounts Payable70.9M91.7M99.3M18.9M21.8M20.7M
Property Plant And Equipment Gross480.7M1.0B1.0B1.1B1.2B1.3B
Accumulated Other Comprehensive Income(226.1M)(175.8M)(207.8M)(196.4M)(176.8M)(168.0M)
Good Will1.7B1.7B1.8B2.8B3.2B3.4B
Other Liab372.9M364.8M404.7M244.5M281.2M226.5M
Other Assets46.0M52.4M557.4M97.6M112.2M63.6M
Long Term Debt1.1B781.7M345.3M1.6B1.9B2.0B
Treasury Stock(1.3B)(1.4B)(1.5B)(1.5B)(1.4B)(1.3B)
Property Plant Equipment398.9M358.6M355.6M455.7M524.1M550.3M
Current Deferred Revenue42.3M77.9M92.6M(18.9M)(17.0M)(16.2M)
Net Tangible Assets(479.3M)(242.2M)446.0M262.2M301.6M316.6M
Retained Earnings Total Equity2.7B2.9B3.3B3.7B4.2B2.3B
Long Term Debt Total1.1B1.1B781.7M345.3M397.1M377.3M
Capital Surpluse483.1M534.7M585.3M626.7M720.7M445.4M
Capital Lease Obligations142.7M135.7M122.6M125.9M144.7M152.0M

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When determining whether Nordson offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Nordson'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 Nordson Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Nordson Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nordson. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
To learn how to invest in Nordson Stock, please use our How to Invest in Nordson guide.
You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.

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When running Nordson's price analysis, check to measure Nordson'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 Nordson is operating at the current time. Most of Nordson's value examination focuses on studying past and present price action to predict the probability of Nordson's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nordson's price. Additionally, you may evaluate how the addition of Nordson to your portfolios can decrease your overall portfolio volatility.
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Is Nordson'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 Nordson. If investors know Nordson 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 Nordson 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
0.05
Dividend Share
2.66
Earnings Share
8.54
Revenue Per Share
46.463
Quarterly Revenue Growth
0.037
The market value of Nordson is measured differently than its book value, which is the value of Nordson that is recorded on the company's balance sheet. Investors also form their own opinion of Nordson's value that differs from its market value or its book value, called intrinsic value, which is Nordson'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 Nordson's market value can be influenced by many factors that don't directly affect Nordson'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 Nordson's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nordson is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nordson'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.