Nomad Short Term Debt vs Retained Earnings Analysis
NOMD Stock | USD 19.54 0.35 1.76% |
Nomad Foods financial indicator trend analysis is infinitely more than just investigating Nomad Foods recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nomad Foods is a good investment. Please check the relationship between Nomad Foods Short Term Debt and its Retained Earnings accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nomad Foods. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. For information on how to trade Nomad Stock refer to our How to Trade Nomad Stock guide.
Short Term Debt vs Retained Earnings
Short Term Debt vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nomad Foods Short Term Debt account and Retained Earnings. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Nomad Foods' Short Term Debt and Retained Earnings is -0.38. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Nomad Foods, assuming nothing else is changed. The correlation between historical values of Nomad Foods' Short Term Debt and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of Nomad Foods are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Short Term Debt i.e., Nomad Foods' Short Term Debt and Retained Earnings go up and down completely randomly.
Correlation Coefficient | -0.38 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Short Term Debt
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Most indicators from Nomad Foods' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nomad Foods 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 Nomad Foods. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. For information on how to trade Nomad Stock refer to our How to Trade Nomad Stock guide.The current year's Tax Provision is expected to grow to about 53 M, whereas Selling General Administrative is forecasted to decline to about 14.4 M.
Nomad Foods fundamental ratios Correlations
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Nomad Foods Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Nomad Foods fundamental ratios Accounts
2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
Total Assets | 5.6B | 6.2B | 6.3B | 6.4B | 6.4B | 5.3B | |
Other Current Liab | 263.5M | 231.6M | 235.6M | 327.6M | 315.1M | 330.9M | |
Total Current Liabilities | 916.3M | 966.2M | 940.8M | 1.0B | 1.1B | 872.8M | |
Other Liab | 644.3M | 705.2M | 686.5M | 580.2M | 667.2M | 531.9M | |
Accounts Payable | 453.4M | 507M | 496.7M | 476.1M | 521.6M | 455.6M | |
Cash | 393.2M | 254M | 369.4M | 412.7M | 403M | 352.6M | |
Other Assets | 114.6M | 137.2M | 108.5M | (5.3M) | (6.1M) | (6.4M) | |
Long Term Debt | 1.7B | 2.2B | 2.1B | 2.1B | 2.1B | 1.7B | |
Good Will | 1.9B | 2.1B | 2.1B | 2.1B | 2.1B | 2.0B | |
Common Stock Shares Outstanding | 197.9M | 178.1M | 174.3M | 171.2M | 163.1M | 180.3M | |
Inventory | 343.2M | 410.6M | 457.1M | 446.4M | 441.5M | 388.7M | |
Other Current Assets | 73.9M | 29.9M | 22M | 1.9M | 17.7M | 25.9M | |
Total Liab | 3.4B | 3.9B | 3.7B | 3.8B | 3.8B | 3.4B | |
Intangible Assets | 2.1B | 2.5B | 2.5B | 2.5B | 2.5B | 2.3B | |
Common Stock | 1.6B | 1.6B | 1.6B | 1.4B | 1.3B | 1.5B | |
Property Plant Equipment | 422.4M | 422.2M | 549.4M | 542.9M | 624.3M | 422.4M | |
Short Long Term Debt Total | 1.8B | 2.2B | 2.2B | 2.1B | 2.2B | 1.6B | |
Total Stockholder Equity | 2.1B | 2.3B | 2.6B | 2.6B | 2.7B | 2.1B | |
Property Plant And Equipment Net | 422.2M | 549.4M | 542.9M | 563.7M | 591.1M | 471.8M | |
Current Deferred Revenue | 258.1M | 211.9M | 237.8M | 189.7M | 218.1M | 123.8M | |
Net Debt | 1.4B | 2.0B | 1.8B | 1.7B | 1.8B | 1.3B | |
Retained Earnings | 191.6M | 387.4M | 886.6M | 1.1B | 1.2B | 1.3B | |
Non Current Assets Total | 4.6B | 5.2B | 5.2B | 5.3B | 5.2B | 4.8B | |
Non Currrent Assets Other | 1.1M | 8.9M | 8.3M | 7.8M | 12.9M | 13.5M | |
Cash And Short Term Investments | 418.2M | 254M | 369.4M | 412.7M | 403M | 341.2M | |
Net Receivables | 141.2M | 234.6M | 266.8M | 304.1M | 371.7M | 207.2M | |
Liabilities And Stockholders Equity | 5.6B | 6.2B | 6.3B | 6.4B | 6.4B | 5.7B | |
Non Current Liabilities Total | 2.5B | 2.9B | 2.8B | 2.8B | 2.6B | 2.5B | |
Other Stockholder Equity | 1.7B | 6.9M | 13.8M | 31.4M | 26.2M | 27.5M | |
Property Plant And Equipment Gross | 422.2M | 790.8M | 817.8M | 896.8M | 984.8M | 544.0M | |
Total Current Assets | 967.3M | 929.1M | 1.1B | 1.2B | 1.2B | 1.0B | |
Accumulated Other Comprehensive Income | 305.7M | 281.6M | 109.1M | 76.4M | 120.4M | 114.4M | |
Short Term Debt | 33.2M | 29.1M | 25.5M | 34.6M | 26M | 24.7M | |
Net Tangible Assets | (1.8B) | (2.2B) | (2.4B) | (2.0B) | (1.8B) | (1.9B) | |
Short Long Term Debt | 16.5M | 29.1M | 3.2M | 13.2M | 11.9M | 11.3M | |
Capital Lease Obligations | 70.4M | 80.9M | 66.6M | 78.8M | 94.1M | 55.0M |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nomad Foods. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. For information on how to trade Nomad Stock refer to our How to Trade Nomad Stock guide.You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Is Packaged Foods & Meats 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 Nomad Foods. If investors know Nomad 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 Nomad Foods 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 1.141 | Dividend Share 0.599 | Earnings Share 1.51 | Revenue Per Share | Quarterly Revenue Growth 0.043 |
The market value of Nomad Foods is measured differently than its book value, which is the value of Nomad that is recorded on the company's balance sheet. Investors also form their own opinion of Nomad Foods' value that differs from its market value or its book value, called intrinsic value, which is Nomad Foods' 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 Nomad Foods' market value can be influenced by many factors that don't directly affect Nomad Foods' 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 Nomad Foods' value and its price as these two are different measures arrived at by different means. Investors typically determine if Nomad Foods is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nomad Foods' 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.