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 Total Assets and its Short Term Debt 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 Assets vs Short Term Debt
Total Assets vs Short Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Nufarm Total Assets account and
Short Term Debt. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Nufarm's Total Assets and Short Term Debt is 0.17. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Short Term Debt 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 Assets and Short Term Debt 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 Nufarm are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Total Assets i.e., Nufarm's Total Assets and Short Term Debt go up and down completely randomly.
Correlation Coefficient | 0.17 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Total Assets
Total assets refers to the total amount of Nufarm 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 Nufarm 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.
Short Term Debt
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
Nufarm fundamental ratios Correlations
Click cells to compare fundamentals
Nufarm Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Nufarm fundamental ratios Accounts
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Additional Tools for Nufarm Stock Analysis
When running Nufarm's price analysis, check to
measure Nufarm's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nufarm is operating at the current time. Most of Nufarm's value examination focuses on studying past and present price action to
predict the probability of Nufarm's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nufarm's price. Additionally, you may evaluate how the addition of Nufarm to your portfolios can decrease your overall portfolio volatility.