Nufarm Depreciation And Amortization vs Cost Of Revenue Analysis

NUF Stock   3.70  0.09  2.37%   
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 Depreciation And Amortization and its Cost Of Revenue 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.

Depreciation And Amortization vs Cost Of Revenue

Depreciation And Amortization vs Cost Of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nufarm Depreciation And Amortization account and Cost Of Revenue. At this time, the significance of the direction appears to have strong relationship.
The correlation between Nufarm's Depreciation And Amortization and Cost Of Revenue is 0.75. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of Nufarm, assuming nothing else is changed. The correlation between historical values of Nufarm's Depreciation And Amortization and Cost Of Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of Nufarm are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Depreciation And Amortization i.e., Nufarm's Depreciation And Amortization and Cost Of Revenue go up and down completely randomly.

Correlation Coefficient

0.75
Relationship DirectionPositive 
Relationship StrengthSignificant

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Cost Of Revenue

Cost of Revenue is found on Nufarm income statement and represents the costs associated with goods and services Nufarm provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
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

0.940.650.730.970.480.63-0.110.740.990.080.740.610.740.950.480.930.890.510.570.830.591.00.170.940.94
0.940.50.690.860.330.810.020.560.960.240.560.70.790.830.40.940.790.540.560.820.420.920.240.930.82
0.650.50.450.670.320.14-0.670.830.57-0.490.830.150.260.780.50.590.710.210.770.590.570.71-0.20.710.78
0.730.690.450.570.220.590.190.570.70.430.580.820.840.56-0.080.480.470.740.240.90.00.740.720.730.56
0.970.860.670.570.590.49-0.20.760.96-0.090.760.460.610.980.60.930.910.380.580.710.730.96-0.020.880.98
0.480.330.320.220.590.230.120.40.51-0.120.390.160.470.50.40.420.460.230.110.410.530.45-0.040.240.5
0.630.810.140.590.490.230.410.070.680.560.070.760.850.40.140.650.440.570.270.760.020.580.430.630.4
-0.110.02-0.670.19-0.20.120.41-0.53-0.020.84-0.520.480.46-0.38-0.48-0.19-0.350.42-0.610.08-0.54-0.170.68-0.26-0.38
0.740.560.830.570.760.40.07-0.530.67-0.341.00.310.360.840.380.610.650.320.580.610.550.780.020.740.84
0.990.960.570.70.960.510.68-0.020.670.150.670.630.770.920.470.940.860.50.520.810.570.970.190.920.92
0.080.24-0.490.43-0.09-0.120.560.84-0.340.15-0.320.660.56-0.22-0.43-0.01-0.210.51-0.530.31-0.540.030.770.03-0.22
0.740.560.830.580.760.390.07-0.521.00.67-0.320.310.370.830.370.610.650.330.560.620.550.780.030.740.83
0.610.70.150.820.460.160.760.480.310.630.660.310.880.39-0.170.450.220.770.10.8-0.230.590.790.610.39
0.740.790.260.840.610.470.850.460.360.770.560.370.880.520.010.60.450.790.210.90.040.710.660.660.52
0.950.830.780.560.980.50.4-0.380.840.92-0.220.830.390.520.620.90.920.320.680.690.750.96-0.090.911.0
0.480.40.5-0.080.60.40.14-0.480.380.47-0.430.37-0.170.010.620.630.69-0.210.470.170.80.48-0.610.440.62
0.930.940.590.480.930.420.65-0.190.610.94-0.010.610.450.60.90.630.90.330.630.680.670.92-0.090.90.9
0.890.790.710.470.910.460.44-0.350.650.86-0.210.650.220.450.920.690.90.230.650.620.830.89-0.220.830.92
0.510.540.210.740.380.230.570.420.320.50.510.330.770.790.32-0.210.330.230.140.7-0.090.510.660.440.32
0.570.560.770.240.580.110.27-0.610.580.52-0.530.560.10.210.680.470.630.650.140.410.530.6-0.30.70.68
0.830.820.590.90.710.410.760.080.610.810.310.620.80.90.690.170.680.620.70.410.20.830.50.830.69
0.590.420.570.00.730.530.02-0.540.550.57-0.540.55-0.230.040.750.80.670.83-0.090.530.20.6-0.620.490.76
1.00.920.710.740.960.450.58-0.170.780.970.030.780.590.710.960.480.920.890.510.60.830.60.150.950.95
0.170.24-0.20.72-0.02-0.040.430.680.020.190.770.030.790.66-0.09-0.61-0.09-0.220.66-0.30.5-0.620.150.15-0.09
0.940.930.710.730.880.240.63-0.260.740.920.030.740.610.660.910.440.90.830.440.70.830.490.950.150.91
0.940.820.780.560.980.50.4-0.380.840.92-0.220.830.390.521.00.620.90.920.320.680.690.760.95-0.090.91
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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 Other3.1M1.4M3.8M12.9M14.8M14.1M
Cash And Short Term Investments686.6M724.2M585.7M411.0M472.6M496.2M
Net Receivables946.0M779.3M542.2M624.1M717.7M565.4M
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 Assets52.1M146.9M126.4M75.4M86.7M60.7M
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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