Nucor Interest Coverage from 2010 to 2024

NUE Stock  USD 151.92  1.93  1.29%   
Nucor Corp's Interest Coverage is increasing over the years with slightly volatile fluctuation. Interest Coverage is expected to dwindle to 13.96. During the period from 2010 to 2024 Nucor Corp Interest Coverage annual values regression line had geometric mean of  14.37 and mean square error of  264.21. View All Fundamentals
 
Interest Coverage  
First Reported
2010-12-31
Previous Quarter
25.37049611
Current Value
13.96
Quarterly Volatility
18.02652742
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Nucor Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Nucor Corp's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.2 B, Interest Expense of 258.3 M or Total Revenue of 36.4 B, as well as many indicators such as Price To Sales Ratio of 1.11, Dividend Yield of 0.0164 or PTB Ratio of 2.55. Nucor financial statements analysis is a perfect complement when working with Nucor Corp Valuation or Volatility modules.
  
Check out the analysis of Nucor Corp Correlation against competitors.
For information on how to trade Nucor Stock refer to our How to Trade Nucor Stock guide.

Latest Nucor Corp's Interest Coverage Growth Pattern

Below is the plot of the Interest Coverage of Nucor Corp over the last few years. It is Nucor Corp's Interest Coverage historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Nucor Corp's overall financial position and show how it may be relating to other accounts over time.
Interest Coverage10 Years Trend
Slightly volatile
   Interest Coverage   
       Timeline  

Nucor Interest Coverage Regression Statistics

Arithmetic Mean19.48
Geometric Mean14.37
Coefficient Of Variation92.53
Mean Deviation13.19
Median10.84
Standard Deviation18.03
Sample Variance324.96
Range55.4628
R-Value0.49
Mean Square Error264.21
R-Squared0.25
Significance0.06
Slope2.00
Total Sum of Squares4,549

Nucor Interest Coverage History

2024 13.96
2023 25.37
2022 61.79
2021 59.31
2020 10.46
2019 16.23
2018 25.34

About Nucor Corp Financial Statements

Nucor Corp stakeholders use historical fundamental indicators, such as Nucor Corp's Interest Coverage, to determine how well the company is positioned to perform in the future. Although Nucor Corp investors may analyze each financial statement separately, they are all interrelated. For example, changes in Nucor Corp's assets and liabilities are reflected in the revenues and expenses on Nucor Corp's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Nucor Corp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Interest Coverage 25.37  13.96 

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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:
Check out the analysis of Nucor Corp Correlation against competitors.
For information on how to trade Nucor Stock refer to our How to Trade Nucor Stock guide.
You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Is Metals & Mining space 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
(0.77)
Dividend Share
2.16
Earnings Share
10.39
Revenue Per Share
129.875
Quarterly Revenue Growth
(0.15)
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.