Nomad Total Liab vs Cash And Short Term Investments Analysis
NOMD Stock | USD 17.69 0.08 0.45% |
Nomad Foods financial indicator trend analysis is infinitely more than just investigating Nomad Foods recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nomad Foods is a good investment. Please check the relationship between Nomad Foods Total Liab and its Cash And Short Term Investments accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nomad Foods. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. For information on how to trade Nomad Stock refer to our How to Trade Nomad Stock guide.
Total Liab vs Cash And Short Term Investments
Total Liab vs Cash And Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nomad Foods Total Liab account and Cash And Short Term Investments. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Nomad Foods' Total Liab and Cash And Short Term Investments is -0.14. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Nomad Foods, assuming nothing else is changed. The correlation between historical values of Nomad Foods' Total Liab and Cash And Short Term Investments 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 Liab of Nomad Foods are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Total Liab i.e., Nomad Foods' Total Liab and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | -0.14 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Nomad Foods balance sheet. This account contains Nomad Foods investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Nomad Foods fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.Most indicators from Nomad Foods' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nomad Foods 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 Nomad Foods. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. For information on how to trade Nomad Stock refer to our How to Trade Nomad Stock guide.At present, Nomad Foods' Enterprise Value Multiple is projected to increase significantly based on the last few years of reporting.
Nomad Foods fundamental ratios Correlations
Click cells to compare fundamentals
Nomad Foods Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Nomad Foods fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 5.9B | 5.6B | 6.2B | 6.3B | 6.4B | 5.1B | |
Other Current Liab | 12.1M | 263.5M | 231.6M | 235.6M | 327.6M | 344.0M | |
Total Current Liabilities | 823.1M | 916.3M | 966.2M | 940.8M | 1.0B | 842.6M | |
Other Liab | 644.3M | 705.2M | 686.5M | 580.2M | 667.2M | 531.9M | |
Accounts Payable | 525.2M | 453.4M | 507M | 496.7M | 476.1M | 445.8M | |
Cash | 826.1M | 393.2M | 254.2M | 369.7M | 413.2M | 355.2M | |
Other Assets | 98.3M | 114.6M | 137.2M | 108.5M | (5.3M) | (5.6M) | |
Long Term Debt | 1.8B | 1.7B | 2.2B | 2.1B | 2.1B | 1.7B | |
Good Will | 1.9B | 1.9B | 2.1B | 2.1B | 2.1B | 1.9B | |
Common Stock Shares Outstanding | 198.4M | 197.9M | 178.1M | 174.3M | 171.2M | 180.4M | |
Inventory | 323.2M | 343.2M | 410.6M | 457.1M | 446.4M | 380.7M | |
Other Current Assets | 35.4M | 73.9M | 96.9M | 93.2M | 98.1M | 103.0M | |
Total Liab | 3.3B | 3.4B | 3.9B | 3.7B | 3.8B | 3.3B | |
Intangible Assets | 2.1B | 2.1B | 2.5B | 2.5B | 2.5B | 2.3B | |
Common Stock | 2.1B | 1.6B | 1.6B | 1.6B | 1.5B | 1.5B | |
Property Plant Equipment | 422.4M | 422.2M | 549.4M | 542.9M | 624.3M | 422.4M | |
Short Long Term Debt Total | 1.9B | 1.8B | 2.2B | 2.2B | 2.1B | 1.6B | |
Total Stockholder Equity | 2.6B | 2.1B | 2.3B | 2.6B | 2.6B | 2.1B | |
Property Plant And Equipment Net | 422.4M | 422.2M | 549.4M | 542.9M | 564.2M | 452.0M | |
Current Deferred Revenue | 258.1M | 211.9M | 237.8M | 189.7M | 218.1M | 123.8M | |
Net Debt | 1.0B | 1.4B | 2.0B | 1.8B | 1.7B | 1.3B | |
Retained Earnings | (11.8M) | 191.6M | 387.4M | 886.6M | 1.1B | 1.1B | |
Non Current Assets Total | 4.5B | 4.6B | 5.2B | 5.2B | 5.3B | 4.8B | |
Non Currrent Assets Other | (8.0) | 1.1M | (4.4K) | 23.3K | 110.8M | 116.3M | |
Cash And Short Term Investments | 851.1M | 418.2M | 254.2M | 369.7M | 413.2M | 343.2M | |
Net Receivables | 206.7M | 141.2M | 182.8M | 211.2M | 208.3M | 168.5M | |
Short Term Investments | 2.1M | 13.4M | 25M | 34M | 30.6M | 41.0M | |
Liabilities And Stockholders Equity | 5.9B | 5.6B | 6.2B | 6.3B | 6.4B | 5.6B | |
Non Current Liabilities Total | 2.5B | 2.5B | 2.9B | 2.8B | 2.8B | 2.4B | |
Other Stockholder Equity | (358.1M) | 1.7B | 1.7B | 1.7B | 1.3M | 1.3M | |
Property Plant And Equipment Gross | 574.3M | 422.2M | 790.8M | 817.8M | 896.8M | 490.0M | |
Total Current Assets | 1.4B | 967.3M | 929.1M | 1.1B | 1.2B | 992.9M | |
Accumulated Other Comprehensive Income | 451.7M | 305.7M | 281.6M | 109.1M | 80.5M | 76.5M | |
Short Term Debt | 27.7M | 33.2M | 29.1M | 25.5M | 34.6M | 32.9M | |
Net Tangible Assets | (1.8B) | (2.2B) | (2.4B) | (2.0B) | (1.8B) | (1.9B) | |
Short Long Term Debt | 10.1M | 16.5M | 29.1M | 3.2M | 13.2M | 12.5M | |
Capital Lease Obligations | 109M | 70.4M | 80.9M | 66.6M | 78.8M | 49.7M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Nomad Foods is a strong investment it is important to analyze Nomad Foods' 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 Nomad Foods' future performance. For an informed investment choice regarding Nomad Stock, refer to the following important reports:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nomad Foods. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. For information on how to trade Nomad Stock refer to our How to Trade Nomad Stock guide.You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Is Packaged Foods & Meats 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 Nomad Foods. If investors know Nomad 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 Nomad Foods 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 0.536 | Earnings Share 1.3 | Revenue Per Share 18.544 | Quarterly Revenue Growth 0.011 | Return On Assets 0.0392 |
The market value of Nomad Foods is measured differently than its book value, which is the value of Nomad that is recorded on the company's balance sheet. Investors also form their own opinion of Nomad Foods' value that differs from its market value or its book value, called intrinsic value, which is Nomad Foods' 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 Nomad Foods' market value can be influenced by many factors that don't directly affect Nomad Foods' 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 Nomad Foods' value and its price as these two are different measures arrived at by different means. Investors typically determine if Nomad Foods is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nomad Foods' 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.