Nucor Long Term Debt vs Net Tangible Assets Analysis
NUE Stock | USD 149.99 0.00 0.00% |
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 Long Term Debt 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 closely tied 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.
Long Term Debt vs Net Tangible Assets
Long Term Debt 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 Long Term Debt account and Net Tangible Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Nucor Corp's Long Term Debt and Net Tangible Assets is 0.74. Overlapping area represents the amount of variation of Long Term Debt 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 Long Term Debt 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 Long Term Debt 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 Long Term Debt i.e., Nucor Corp's Long Term Debt and Net Tangible Assets go up and down completely randomly.
Correlation Coefficient | 0.74 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Long Term Debt
Long-term debt is a debt that Nucor Corp has held for over one year. Long-term debt appears on Nucor Corp 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 Nucor Corp 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.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 closely tied 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 |
Nucor Corp fundamental ratios Correlations
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Nucor Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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 | 896.4M | 2.4B | 2.0B | 2.4B | 2.5B | |
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 | 242.1M | 355.6M | |
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 | 3.0B | 3.1B | |
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 | 724.0M | 760.2M | |
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 | 299.3M | 887.8M | 77.7M | 193.3M | 147.3M | |
Accounts Payable | 1.2B | 1.4B | 1.8B | 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 | |
Current Deferred Revenue | 108.6M | 120.2M | 251.9M | 285M | 313.8M | 234.2M | |
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 |
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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 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 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 closely tied 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 Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
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.