Nufarm Net Income vs Change To Liabilities Analysis

NUF Stock

4.03 0.04 0.98%

Nufarm financial indicator trend analysis is infinitely more than just investigating Nufarm recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nufarm is a good investment. Please check the relationship between Nufarm Net Income and its Change To Liabilities accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nufarm. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Net Income vs Change To Liabilities

Net Income vs Change To Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nufarm Net Income account and Change To Liabilities. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Nufarm's Net Income and Change To Liabilities is 0.49. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Change To Liabilities in the same time period over historical financial statements of Nufarm, assuming nothing else is changed. The correlation between historical values of Nufarm's Net Income and Change To Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Nufarm are associated (or correlated) with its Change To Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Liabilities has no effect on the direction of Net Income i.e., Nufarm's Net Income and Change To Liabilities go up and down completely randomly.

Correlation Coefficient

0.49

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Nufarm financial statement analysis. It represents the amount of money remaining after all of Nufarm operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Change To Liabilities

Most indicators from Nufarm's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nufarm 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 Nufarm. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Selling General Administrative is likely to drop to about 216.5 M in 2024. Tax Provision is likely to drop to about 31.8 M in 2024

	2021	2022	2023	2024 (projected)
Interest Expense	75.1M	81.4M	93.6M	58.7M
Depreciation And Amortization	213.7M	188.4M	216.6M	227.5M

Interest Expense Depreciation And Amortization

Nufarm fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock
Total Assets		0.94	0.65	0.73	0.97	0.48	0.63	-0.11	0.74	0.99	0.05	0.74	0.55	0.74	0.95	0.48	0.93	0.89	0.81	0.57	0.83	0.59	1.0	0.17	0.94	0.94
Short Long Term Debt Total	0.94		0.5	0.69	0.86	0.33	0.81	0.02	0.56	0.96	0.2	0.56	0.64	0.79	0.83	0.4	0.94	0.79	0.82	0.56	0.82	0.42	0.92	0.24	0.93	0.82
Other Current Liab	0.65	0.5		0.45	0.67	0.32	0.14	-0.67	0.83	0.57	-0.5	0.83	0.09	0.26	0.78	0.5	0.59	0.71	0.44	0.77	0.59	0.57	0.71	-0.2	0.71	0.78
Total Current Liabilities	0.73	0.69	0.45		0.57	0.22	0.59	0.19	0.57	0.7	0.44	0.58	0.82	0.84	0.56	-0.08	0.48	0.47	0.41	0.24	0.9	0.0	0.74	0.72	0.73	0.56
Total Stockholder Equity	0.97	0.86	0.67	0.57		0.59	0.49	-0.2	0.76	0.96	-0.12	0.76	0.39	0.61	0.98	0.6	0.93	0.91	0.82	0.58	0.71	0.73	0.96	-0.02	0.88	0.98
Property Plant And Equipment Net	0.48	0.33	0.32	0.22	0.59		0.23	0.12	0.4	0.51	-0.14	0.39	0.09	0.47	0.5	0.4	0.42	0.46	0.44	0.11	0.41	0.53	0.45	-0.04	0.24	0.5
Net Debt	0.63	0.81	0.14	0.59	0.49	0.23		0.41	0.07	0.68	0.54	0.07	0.69	0.85	0.4	0.14	0.65	0.44	0.62	0.27	0.76	0.02	0.58	0.43	0.63	0.4
Retained Earnings	-0.11	0.02	-0.67	0.19	-0.2	0.12	0.41		-0.53	-0.02	0.85	-0.52	0.51	0.46	-0.38	-0.48	-0.19	-0.35	0.0	-0.61	0.08	-0.54	-0.17	0.68	-0.26	-0.38
Cash	0.74	0.56	0.83	0.57	0.76	0.4	0.07	-0.53		0.67	-0.35	1.0	0.28	0.36	0.84	0.38	0.61	0.65	0.45	0.58	0.61	0.55	0.78	0.02	0.74	0.84
Non Current Assets Total	0.99	0.96	0.57	0.7	0.96	0.51	0.68	-0.02	0.67		0.12	0.67	0.57	0.77	0.92	0.47	0.94	0.86	0.82	0.52	0.81	0.57	0.97	0.19	0.92	0.92
Non Currrent Assets Other	0.05	0.2	-0.5	0.44	-0.12	-0.14	0.54	0.85	-0.35	0.12		-0.32	0.69	0.55	-0.25	-0.47	-0.05	-0.25	0.06	-0.54	0.3	-0.57	0.0	0.79	0.0	-0.25
Cash And Short Term Investments	0.74	0.56	0.83	0.58	0.76	0.39	0.07	-0.52	1.0	0.67	-0.32		0.29	0.37	0.83	0.37	0.61	0.65	0.44	0.56	0.62	0.55	0.78	0.03	0.74	0.83
Net Receivables	0.55	0.64	0.09	0.82	0.39	0.09	0.69	0.51	0.28	0.57	0.69	0.29		0.84	0.32	-0.26	0.37	0.14	0.36	0.05	0.74	-0.31	0.53	0.85	0.55	0.32
Good Will	0.74	0.79	0.26	0.84	0.61	0.47	0.85	0.46	0.36	0.77	0.55	0.37	0.84		0.52	0.01	0.6	0.45	0.59	0.21	0.9	0.04	0.71	0.66	0.66	0.52
Common Stock Total Equity	0.95	0.83	0.78	0.56	0.98	0.5	0.4	-0.38	0.84	0.92	-0.25	0.83	0.32	0.52		0.62	0.9	0.92	0.76	0.68	0.69	0.75	0.96	-0.09	0.91	1.0
Common Stock Shares Outstanding	0.48	0.4	0.5	-0.08	0.6	0.4	0.14	-0.48	0.38	0.47	-0.47	0.37	-0.26	0.01	0.62		0.63	0.69	0.53	0.47	0.17	0.8	0.48	-0.61	0.44	0.62
Non Current Liabilities Total	0.93	0.94	0.59	0.48	0.93	0.42	0.65	-0.19	0.61	0.94	-0.05	0.61	0.37	0.6	0.9	0.63		0.9	0.87	0.63	0.68	0.67	0.92	-0.09	0.9	0.9
Inventory	0.89	0.79	0.71	0.47	0.91	0.46	0.44	-0.35	0.65	0.86	-0.25	0.65	0.14	0.45	0.92	0.69	0.9		0.79	0.65	0.62	0.83	0.89	-0.22	0.83	0.92
Other Current Assets	0.81	0.82	0.44	0.41	0.82	0.44	0.62	0.0	0.45	0.82	0.06	0.44	0.36	0.59	0.76	0.53	0.87	0.79		0.49	0.58	0.63	0.8	-0.07	0.71	0.76
Other Stockholder Equity	0.57	0.56	0.77	0.24	0.58	0.11	0.27	-0.61	0.58	0.52	-0.54	0.56	0.05	0.21	0.68	0.47	0.63	0.65	0.49		0.41	0.53	0.6	-0.3	0.7	0.68
Total Liab	0.83	0.82	0.59	0.9	0.71	0.41	0.76	0.08	0.61	0.81	0.3	0.62	0.74	0.9	0.69	0.17	0.68	0.62	0.58	0.41		0.2	0.83	0.5	0.83	0.69
Property Plant And Equipment Gross	0.59	0.42	0.57	0.0	0.73	0.53	0.02	-0.54	0.55	0.57	-0.57	0.55	-0.31	0.04	0.75	0.8	0.67	0.83	0.63	0.53	0.2		0.6	-0.62	0.49	0.76
Total Current Assets	1.0	0.92	0.71	0.74	0.96	0.45	0.58	-0.17	0.78	0.97	0.0	0.78	0.53	0.71	0.96	0.48	0.92	0.89	0.8	0.6	0.83	0.6		0.15	0.95	0.95
Short Term Debt	0.17	0.24	-0.2	0.72	-0.02	-0.04	0.43	0.68	0.02	0.19	0.79	0.03	0.85	0.66	-0.09	-0.61	-0.09	-0.22	-0.07	-0.3	0.5	-0.62	0.15		0.15	-0.09
Intangible Assets	0.94	0.93	0.71	0.73	0.88	0.24	0.63	-0.26	0.74	0.92	0.0	0.74	0.55	0.66	0.91	0.44	0.9	0.83	0.71	0.7	0.83	0.49	0.95	0.15		0.91
Common Stock	0.94	0.82	0.78	0.56	0.98	0.5	0.4	-0.38	0.84	0.92	-0.25	0.83	0.32	0.52	1.0	0.62	0.9	0.92	0.76	0.68	0.69	0.76	0.95	-0.09	0.91

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Nufarm Account Relationship Matchups

Nufarm fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	4.5B	4.4B	4.7B	4.6B	5.3B	5.6B
Short Long Term Debt Total	1.1B	1.0B	931.9M	1.3B	1.4B	1.5B
Other Current Liab	167.9M	131.3M	180.0M	136.1M	156.5M	103.1M
Total Current Liabilities	1.3B	1.2B	1.6B	873.0M	1.0B	850.2M
Total Stockholder Equity	2.1B	2.1B	2.2B	2.3B	2.7B	2.8B
Property Plant And Equipment Net	439.6M	441.4M	475.3M	569.3M	654.7M	387.8M
Net Debt	441.3M	316.8M	346.2M	849.8M	977.3M	517.1M
Retained Earnings	(18.0M)	(56.3M)	25.8M	89.3M	102.7M	97.6M
Cash	686.6M	724.2M	585.7M	411.0M	472.6M	496.2M
Non Current Assets Total	1.9B	1.8B	1.9B	2.1B	2.4B	2.5B
Non Currrent Assets Other	3.1M	1.4M	3.8M	6.4M	7.4M	7.0M
Cash And Short Term Investments	686.6M	724.2M	585.7M	411.0M	472.6M	496.2M
Net Receivables	946.0M	779.3M	542.2M	505.2M	581.0M	561.7M
Good Will	208.5M	207.4M	215.7M	223.7M	257.3M	164.4M
Common Stock Shares Outstanding	379.7M	382.3M	382.6M	383.5M	441.1M	408.9M
Liabilities And Stockholders Equity	4.5B	4.4B	4.7B	4.6B	5.3B	5.6B
Non Current Liabilities Total	1.1B	1.0B	899.0M	1.4B	1.7B	1.7B
Inventory	932.8M	976.2M	1.6B	1.5B	1.7B	1.8B
Other Current Assets	52.1M	146.9M	126.4M	194.3M	223.4M	234.6M
Total Liab	2.4B	2.3B	2.5B	2.3B	2.7B	1.4B
Property Plant And Equipment Gross	439.6M	1.1B	1.2B	1.3B	1.5B	1.6B
Total Current Assets	2.6B	2.5B	2.8B	2.6B	3.0B	3.1B
Accumulated Other Comprehensive Income	79.8M	95.0M	42.8M	133.0M	119.7M	125.7M
Short Term Debt	338.9M	252.5M	269.2M	47.8M	54.9M	52.2M
Intangible Assets	1.1B	1.0B	977.1M	1.0B	1.2B	1.2B
Common Stock	1.8B	1.8B	1.8B	1.8B	2.1B	2.2B
Current Deferred Revenue	66.7M	93.5M	128.2M	91.5M	105.2M	110.5M
Accounts Payable	819.7M	835.1M	1.1B	673.4M	774.4M	482.7M
Other Liab	249.3M	265.0M	238.7M	236.2M	271.7M	285.3M
Other Assets	642.1M	473.7M	521.4M	164.8M	189.5M	293.1M
Long Term Debt	662.4M	663.0M	539.4M	1.1B	1.3B	1.3B
Property Plant Equipment	393.6M	439.6M	441.4M	475.3M	546.6M	419.7M
Deferred Long Term Liab	327.1M	337.3M	377.3M	405.9M	466.8M	293.9M
Long Term Investments	2.6M	8.0M	61.3M	68.3M	78.6M	82.5M
Short Long Term Debt	320.4M	234.4M	250.6M	29.0M	26.1M	24.8M
Net Tangible Assets	661.8M	895.0M	1.0B	1.1B	1.3B	838.7M
Long Term Debt Total	1.3B	789.0M	788.5M	662.7M	762.1M	855.7M

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