Nucor Total Assets vs Property Plant Equipment Analysis

NUE Stock  USD 154.77  0.77  0.50%   
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 Total Assets and its Property Plant Equipment 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.

Total Assets vs Property Plant Equipment

Total Assets vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nucor Corp Total Assets account and Property Plant Equipment. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Nucor Corp's Total Assets and Property Plant Equipment is 0.98. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Property Plant Equipment 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 Total Assets and Property Plant Equipment 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 Assets of Nucor Corp are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Total Assets i.e., Nucor Corp's Total Assets and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

0.98
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Assets

Total assets refers to the total amount of Nucor Corp assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Nucor Corp books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Property Plant Equipment

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 Profit11.0B12.5B7.8B8.2B
Total Revenue36.5B41.5B34.7B36.4B

Nucor Corp fundamental ratios Correlations

0.950.940.931.00.99-0.150.980.921.00.130.910.88-0.970.960.920.82-0.90.990.990.040.940.940.540.550.93
0.950.850.870.920.950.090.870.830.960.190.830.87-0.870.990.860.82-0.740.980.930.110.890.820.730.730.82
0.940.850.970.940.93-0.160.940.840.920.130.820.91-0.90.840.950.64-0.90.920.960.20.920.960.420.430.88
0.930.870.970.920.910.00.90.770.90.250.770.95-0.860.840.960.67-0.820.940.950.340.950.90.530.530.82
1.00.920.940.920.99-0.220.990.940.990.110.930.85-0.980.940.910.81-0.920.970.990.010.930.950.490.50.95
0.990.950.930.910.99-0.150.970.920.990.10.90.87-0.950.960.920.81-0.880.980.980.020.930.930.550.550.93
-0.150.09-0.160.0-0.22-0.15-0.33-0.48-0.130.3-0.460.220.340.00.03-0.050.490.0-0.160.38-0.01-0.340.580.58-0.43
0.980.870.940.90.990.97-0.330.950.970.080.940.82-0.990.90.880.78-0.970.940.98-0.030.90.980.380.390.97
0.920.830.840.770.940.92-0.480.950.920.00.990.65-0.950.870.740.76-0.930.860.91-0.120.790.910.310.320.96
1.00.960.920.90.990.99-0.130.970.920.090.910.86-0.960.970.90.84-0.890.980.980.010.920.920.570.580.92
0.130.190.130.250.110.10.30.080.00.090.120.25-0.120.120.150.2-0.040.180.170.470.220.080.210.21-0.02
0.910.830.820.770.930.9-0.460.940.990.910.120.64-0.950.860.720.78-0.920.860.91-0.060.780.90.320.330.94
0.880.870.910.950.850.870.220.820.650.860.250.64-0.790.840.960.66-0.720.920.90.260.920.820.610.610.72
-0.97-0.87-0.9-0.86-0.98-0.950.34-0.99-0.95-0.96-0.12-0.95-0.79-0.9-0.84-0.820.97-0.92-0.960.06-0.87-0.96-0.39-0.39-0.96
0.960.990.840.840.940.960.00.90.870.970.120.860.84-0.90.850.87-0.790.980.94-0.030.880.850.650.660.85
0.920.860.950.960.910.920.030.880.740.90.150.720.96-0.840.850.63-0.790.930.940.150.960.860.550.550.81
0.820.820.640.670.810.81-0.050.780.760.840.20.780.66-0.820.870.63-0.710.820.79-0.10.750.720.490.50.7
-0.9-0.74-0.9-0.82-0.92-0.880.49-0.97-0.93-0.89-0.04-0.92-0.720.97-0.79-0.79-0.71-0.84-0.910.08-0.79-0.98-0.17-0.18-0.94
0.990.980.920.940.970.980.00.940.860.980.180.860.92-0.920.980.930.82-0.840.980.110.940.90.630.640.87
0.990.930.960.950.990.98-0.160.980.910.980.170.910.9-0.960.940.940.79-0.910.980.070.950.950.510.510.93
0.040.110.20.340.010.020.38-0.03-0.120.010.47-0.060.260.06-0.030.15-0.10.080.110.070.160.050.270.27-0.06
0.940.890.920.950.930.93-0.010.90.790.920.220.780.92-0.870.880.960.75-0.790.940.950.160.850.570.580.8
0.940.820.960.90.950.93-0.340.980.910.920.080.90.82-0.960.850.860.72-0.980.90.950.050.850.290.290.94
0.540.730.420.530.490.550.580.380.310.570.210.320.61-0.390.650.550.49-0.170.630.510.270.570.291.00.3
0.550.730.430.530.50.550.580.390.320.580.210.330.61-0.390.660.550.5-0.180.640.510.270.580.291.00.31
0.930.820.880.820.950.93-0.430.970.960.92-0.020.940.72-0.960.850.810.7-0.940.870.93-0.060.80.940.30.31
Click cells to compare fundamentals

Nucor Corp Account Relationship Matchups

Nucor Corp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets18.3B20.1B25.8B32.5B35.3B37.1B
Short Long Term Debt Total4.4B5.3B5.7B6.7B6.9B7.3B
Other Current Liab1.1B896.4M2.4B2.0B2.4B2.5B
Total Current Liabilities2.5B2.6B5.2B4.3B4.6B4.8B
Total Stockholder Equity10.4B10.8B14.0B18.4B20.9B22.0B
Property Plant And Equipment Net6.2B6.9B8.1B9.6B11.2B11.7B
Net Debt2.8B2.7B3.3B2.4B566.0M537.7M
Retained Earnings11.1B11.3B17.7B24.8B28.8B30.2B
Cash1.5B2.6B2.4B4.3B6.4B6.7B
Non Current Assets Total10.1B10.6B13.0B17.8B19.0B19.9B
Non Currrent Assets Other996.5M839.9M977.6M249.1M245.6M355.7M
Cash And Short Term Investments1.8B3.0B2.6B4.9B7.1B7.5B
Net Receivables2.2B2.3B3.9B3.6B3.0B3.1B
Common Stock Shares Outstanding305.5M303.3M293.4M263.2M250.4M258.2M
Liabilities And Stockholders Equity18.3B20.1B25.8B32.5B35.3B37.1B
Non Current Liabilities Total5.1B6.3B6.1B8.6B8.6B9.1B
Inventory3.8B3.6B6.0B5.5B5.6B5.9B
Other Current Assets389.5M573.0M316.5M789.3M724.0M760.2M
Other Stockholder Equity(606.3M)(588.4M)(3.7B)(6.4B)(7.8B)(7.4B)
Total Liab7.6B8.9B11.2B12.9B13.2B13.9B
Total Current Assets8.2B9.5B12.8B14.7B16.4B17.2B
Short Term Debt91.7M299.3M887.8M77.7M193.3M147.3M
Accounts Payable1.2B1.4B1.8B1.6B2.0B2.1B
Property Plant And Equipment Gross6.2B6.9B18.5B20.7B22.8B24.0B
Accumulated Other Comprehensive Income(303.0M)(118.9M)(115.3M)(137.5M)(162.1M)(170.2M)
Other Liab723.5M993.9M1.1B1.9B2.2B2.3B
Long Term Debt4.2B5.3B5.0B6.6B6.5B3.5B
Treasury Stock(2.5B)(2.7B)(2.7B)(5.8B)(5.3B)(5.0B)
Property Plant Equipment6.2B6.9B8.1B9.6B11.1B11.6B
Other Assets112.2M839.9M977.6M264.5M304.2M316.2M
Current Deferred Revenue108.6M120.2M251.9M285M313.8M234.2M
Short Term Investments300.0M408.0M253.0M576.9M747.5M784.9M
Good Will2.2B2.2B2.8B3.9B4.0B2.3B
Intangible Assets742.2M668.0M1.1B3.3B3.1B3.3B
Net Tangible Assets7.4B7.9B10.1B11.2B12.8B7.1B
Noncontrolling Interest In Consolidated Entity433.3M443.2M587.4M1.2B1.0B1.2B
Retained Earnings Total Equity11.1B11.3B17.7B24.8B28.5B29.9B

Also Currently Popular

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 Equity Valuation module to check real value of public entities based on technical and fundamental 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.