Nufarm Income Tax Expense vs Extraordinary Items 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 Income Tax Expense and its Extraordinary Items 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.
Income Tax Expense vs Extraordinary Items
Income Tax Expense vs Extraordinary Items Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nufarm Income Tax Expense account and Extraordinary Items. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Nufarm's Income Tax Expense and Extraordinary Items is -0.02. Overlapping area represents the amount of variation of Income Tax Expense that can explain the historical movement of Extraordinary Items in the same time period over historical financial statements of Nufarm, assuming nothing else is changed. The correlation between historical values of Nufarm's Income Tax Expense and Extraordinary Items is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Tax Expense of Nufarm are associated (or correlated) with its Extraordinary Items. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Extraordinary Items has no effect on the direction of Income Tax Expense i.e., Nufarm's Income Tax Expense and Extraordinary Items go up and down completely randomly.
Correlation Coefficient | -0.02 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Income Tax Expense
Extraordinary Items
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 |
Nufarm fundamental ratios Correlations
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Nufarm Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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 | 12.9M | 14.8M | 14.1M | |
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 | 624.1M | 717.7M | 565.4M | |
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 | 75.4M | 86.7M | 60.7M | |
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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