Nordson Treasury Stock vs Accounts Payable Analysis

NDSN Stock  USD 274.56  2.57  0.94%   
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 Treasury Stock and its Accounts Payable 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.

Treasury Stock vs Accounts Payable

Treasury Stock vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nordson Treasury Stock account and Accounts Payable. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Nordson's Treasury Stock and Accounts Payable is -0.32. Overlapping area represents the amount of variation of Treasury Stock that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Nordson, assuming nothing else is changed. The correlation between historical values of Nordson's Treasury Stock 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 Treasury Stock of Nordson 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 Treasury Stock i.e., Nordson's Treasury Stock and Accounts Payable go up and down completely randomly.

Correlation Coefficient

-0.32
Relationship DirectionNegative 
Relationship StrengthInsignificant

Treasury Stock

Accounts Payable

An accounting item on the balance sheet that represents Nordson 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 Nordson 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 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

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

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
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 Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.

Complementary Tools for Nordson Stock analysis

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.
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Headlines Timeline
Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Portfolio Dashboard
Portfolio dashboard that provides centralized access to all your investments
Stock Screener
Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
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.