Nufarm Total Current Assets vs Short Long Term Debt Total 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 Total Current Assets and its Short Long Term Debt Total 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.

Total Current Assets vs Short Long Term Debt Total

Total Current Assets vs Short Long Term Debt Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nufarm Total Current Assets account and Short Long Term Debt Total. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Nufarm's Total Current Assets and Short Long Term Debt Total is 0.92. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Short Long Term Debt Total in the same time period over historical financial statements of Nufarm, assuming nothing else is changed. The correlation between historical values of Nufarm's Total Current Assets and Short Long Term Debt Total 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 Current Assets of Nufarm are associated (or correlated) with its Short Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt Total has no effect on the direction of Total Current Assets i.e., Nufarm's Total Current Assets and Short Long Term Debt Total go up and down completely randomly.

Correlation Coefficient

0.92
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Short Long Term Debt Total

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 Expense75.1M81.4M93.6M58.7M
Depreciation And Amortization213.7M188.4M216.6M227.5M

Nufarm fundamental ratios Correlations

0.940.650.730.970.480.63-0.110.740.990.050.740.550.740.950.480.930.890.810.570.830.591.00.170.940.94
0.940.50.690.860.330.810.020.560.960.20.560.640.790.830.40.940.790.820.560.820.420.920.240.930.82
0.650.50.450.670.320.14-0.670.830.57-0.50.830.090.260.780.50.590.710.440.770.590.570.71-0.20.710.78
0.730.690.450.570.220.590.190.570.70.440.580.820.840.56-0.080.480.470.410.240.90.00.740.720.730.56
0.970.860.670.570.590.49-0.20.760.96-0.120.760.390.610.980.60.930.910.820.580.710.730.96-0.020.880.98
0.480.330.320.220.590.230.120.40.51-0.140.390.090.470.50.40.420.460.440.110.410.530.45-0.040.240.5
0.630.810.140.590.490.230.410.070.680.540.070.690.850.40.140.650.440.620.270.760.020.580.430.630.4
-0.110.02-0.670.19-0.20.120.41-0.53-0.020.85-0.520.510.46-0.38-0.48-0.19-0.350.0-0.610.08-0.54-0.170.68-0.26-0.38
0.740.560.830.570.760.40.07-0.530.67-0.351.00.280.360.840.380.610.650.450.580.610.550.780.020.740.84
0.990.960.570.70.960.510.68-0.020.670.120.670.570.770.920.470.940.860.820.520.810.570.970.190.920.92
0.050.2-0.50.44-0.12-0.140.540.85-0.350.12-0.320.690.55-0.25-0.47-0.05-0.250.06-0.540.3-0.570.00.790.0-0.25
0.740.560.830.580.760.390.07-0.521.00.67-0.320.290.370.830.370.610.650.440.560.620.550.780.030.740.83
0.550.640.090.820.390.090.690.510.280.570.690.290.840.32-0.260.370.140.360.050.74-0.310.530.850.550.32
0.740.790.260.840.610.470.850.460.360.770.550.370.840.520.010.60.450.590.210.90.040.710.660.660.52
0.950.830.780.560.980.50.4-0.380.840.92-0.250.830.320.520.620.90.920.760.680.690.750.96-0.090.911.0
0.480.40.5-0.080.60.40.14-0.480.380.47-0.470.37-0.260.010.620.630.690.530.470.170.80.48-0.610.440.62
0.930.940.590.480.930.420.65-0.190.610.94-0.050.610.370.60.90.630.90.870.630.680.670.92-0.090.90.9
0.890.790.710.470.910.460.44-0.350.650.86-0.250.650.140.450.920.690.90.790.650.620.830.89-0.220.830.92
0.810.820.440.410.820.440.620.00.450.820.060.440.360.590.760.530.870.790.490.580.630.8-0.070.710.76
0.570.560.770.240.580.110.27-0.610.580.52-0.540.560.050.210.680.470.630.650.490.410.530.6-0.30.70.68
0.830.820.590.90.710.410.760.080.610.810.30.620.740.90.690.170.680.620.580.410.20.830.50.830.69
0.590.420.570.00.730.530.02-0.540.550.57-0.570.55-0.310.040.750.80.670.830.630.530.20.6-0.620.490.76
1.00.920.710.740.960.450.58-0.170.780.970.00.780.530.710.960.480.920.890.80.60.830.60.150.950.95
0.170.24-0.20.72-0.02-0.040.430.680.020.190.790.030.850.66-0.09-0.61-0.09-0.22-0.07-0.30.5-0.620.150.15-0.09
0.940.930.710.730.880.240.63-0.260.740.920.00.740.550.660.910.440.90.830.710.70.830.490.950.150.91
0.940.820.780.560.980.50.4-0.380.840.92-0.250.830.320.521.00.620.90.920.760.680.690.760.95-0.090.91
Click cells to compare fundamentals

Nufarm Account Relationship Matchups

Nufarm fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.5B4.4B4.7B4.6B5.3B5.6B
Short Long Term Debt Total1.1B1.0B931.9M1.3B1.4B1.5B
Other Current Liab167.9M131.3M180.0M136.1M156.5M103.1M
Total Current Liabilities1.3B1.2B1.6B873.0M1.0B850.2M
Total Stockholder Equity2.1B2.1B2.2B2.3B2.7B2.8B
Property Plant And Equipment Net439.6M441.4M475.3M569.3M654.7M387.8M
Net Debt441.3M316.8M346.2M849.8M977.3M517.1M
Retained Earnings(18.0M)(56.3M)25.8M89.3M102.7M97.6M
Cash686.6M724.2M585.7M411.0M472.6M496.2M
Non Current Assets Total1.9B1.8B1.9B2.1B2.4B2.5B
Non Currrent Assets Other3.1M1.4M3.8M6.4M7.4M7.0M
Cash And Short Term Investments686.6M724.2M585.7M411.0M472.6M496.2M
Net Receivables946.0M779.3M542.2M505.2M581.0M561.7M
Good Will208.5M207.4M215.7M223.7M257.3M164.4M
Common Stock Shares Outstanding379.7M382.3M382.6M383.5M441.1M408.9M
Liabilities And Stockholders Equity4.5B4.4B4.7B4.6B5.3B5.6B
Non Current Liabilities Total1.1B1.0B899.0M1.4B1.7B1.7B
Inventory932.8M976.2M1.6B1.5B1.7B1.8B
Other Current Assets52.1M146.9M126.4M194.3M223.4M234.6M
Total Liab2.4B2.3B2.5B2.3B2.7B1.4B
Property Plant And Equipment Gross439.6M1.1B1.2B1.3B1.5B1.6B
Total Current Assets2.6B2.5B2.8B2.6B3.0B3.1B
Accumulated Other Comprehensive Income79.8M95.0M42.8M133.0M119.7M125.7M
Short Term Debt338.9M252.5M269.2M47.8M54.9M52.2M
Intangible Assets1.1B1.0B977.1M1.0B1.2B1.2B
Common Stock1.8B1.8B1.8B1.8B2.1B2.2B
Current Deferred Revenue66.7M93.5M128.2M91.5M105.2M110.5M
Accounts Payable819.7M835.1M1.1B673.4M774.4M482.7M
Other Liab249.3M265.0M238.7M236.2M271.7M285.3M
Other Assets642.1M473.7M521.4M164.8M189.5M293.1M
Long Term Debt662.4M663.0M539.4M1.1B1.3B1.3B
Property Plant Equipment393.6M439.6M441.4M475.3M546.6M419.7M
Deferred Long Term Liab327.1M337.3M377.3M405.9M466.8M293.9M
Long Term Investments2.6M8.0M61.3M68.3M78.6M82.5M
Short Long Term Debt320.4M234.4M250.6M29.0M26.1M24.8M
Net Tangible Assets661.8M895.0M1.0B1.1B1.3B838.7M
Long Term Debt Total1.3B789.0M788.5M662.7M762.1M855.7M

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