Nucor Intangible Assets vs Short Term Investments Analysis

NUE Stock  USD 173.92  3.40  1.99%   
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 Intangible Assets and its Short Term Investments 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 tightly coupled 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.

Intangible Assets vs Short Term Investments

Intangible Assets vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nucor Corp Intangible Assets account and Short Term Investments. At this time, the significance of the direction appears to have weak relationship.
The correlation between Nucor Corp's Intangible Assets and Short Term Investments is 0.31. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Short Term Investments 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 Intangible Assets and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Nucor Corp are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Intangible Assets i.e., Nucor Corp's Intangible Assets and Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.31
Relationship DirectionPositive 
Relationship StrengthVery Weak

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Short Term Investments

Short Term Investments is an item under the current assets section of Nucor Corp balance sheet. It contains any investments Nucor Corp undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Nucor Corp can easily liquidate in the marketplace.
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 tightly coupled 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

0.950.940.931.00.99-0.150.980.921.00.120.910.93-0.970.960.920.41-0.90.990.990.020.930.940.540.550.93
0.950.860.870.920.950.090.870.830.960.180.830.9-0.870.990.860.52-0.740.980.930.070.880.820.730.730.82
0.940.860.970.930.92-0.070.930.80.920.120.790.97-0.90.860.960.36-0.880.940.950.140.910.950.450.460.87
0.930.870.970.920.910.00.90.770.90.240.770.97-0.860.840.960.35-0.820.940.950.30.960.90.530.530.82
1.00.920.930.920.99-0.220.990.940.990.10.930.9-0.980.940.910.37-0.920.970.99-0.010.920.950.490.50.95
0.990.950.920.910.99-0.150.970.920.990.090.90.91-0.950.960.920.39-0.880.980.98-0.020.920.930.550.550.93
-0.150.09-0.070.0-0.22-0.15-0.33-0.48-0.130.32-0.460.120.340.00.030.460.490.0-0.160.340.01-0.340.580.58-0.43
0.980.870.930.90.990.97-0.330.950.970.070.940.87-0.990.90.880.31-0.970.940.98-0.040.890.980.380.390.97
0.920.830.80.770.940.92-0.480.950.92-0.020.990.72-0.950.870.740.2-0.930.860.91-0.130.770.910.310.320.96
1.00.960.920.90.990.99-0.130.970.920.080.910.91-0.960.970.90.44-0.890.980.980.00.910.920.570.580.92
0.120.180.120.240.10.090.320.07-0.020.080.10.22-0.110.110.140.3-0.020.160.160.380.230.060.20.2-0.03
0.910.830.790.770.930.9-0.460.940.990.910.10.71-0.950.860.720.24-0.920.860.91-0.070.760.90.320.330.94
0.930.90.970.970.90.910.120.870.720.910.220.71-0.840.880.980.46-0.780.950.940.170.960.870.590.60.78
-0.97-0.87-0.9-0.86-0.98-0.950.34-0.99-0.95-0.96-0.11-0.95-0.84-0.9-0.84-0.380.97-0.92-0.960.08-0.86-0.96-0.39-0.39-0.96
0.960.990.860.840.940.960.00.90.870.970.110.860.88-0.90.850.54-0.790.980.94-0.070.860.850.650.660.85
0.920.860.960.960.910.920.030.880.740.90.140.720.98-0.840.850.34-0.790.930.940.090.960.860.550.550.81
0.410.520.360.350.370.390.460.310.20.440.30.240.46-0.380.540.34-0.220.480.38-0.040.380.270.540.530.21
-0.9-0.74-0.88-0.82-0.92-0.880.49-0.97-0.93-0.89-0.02-0.92-0.780.97-0.79-0.79-0.22-0.84-0.910.09-0.79-0.98-0.17-0.18-0.94
0.990.980.940.940.970.980.00.940.860.980.160.860.95-0.920.980.930.48-0.840.980.080.940.90.630.640.87
0.990.930.950.950.990.98-0.160.980.910.980.160.910.94-0.960.940.940.38-0.910.980.040.950.950.510.510.93
0.020.070.140.3-0.01-0.020.34-0.04-0.130.00.38-0.070.170.08-0.070.09-0.040.090.080.040.130.020.270.27-0.08
0.930.880.910.960.920.920.010.890.770.910.230.760.96-0.860.860.960.38-0.790.940.950.130.860.570.570.79
0.940.820.950.90.950.93-0.340.980.910.920.060.90.87-0.960.850.860.27-0.980.90.950.020.860.290.290.94
0.540.730.450.530.490.550.580.380.310.570.20.320.59-0.390.650.550.54-0.170.630.510.270.570.291.00.3
0.550.730.460.530.50.550.580.390.320.580.20.330.6-0.390.660.550.53-0.180.640.510.270.570.291.00.31
0.930.820.870.820.950.93-0.430.970.960.92-0.030.940.78-0.960.850.810.21-0.940.870.93-0.080.790.940.30.31
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 Liab1.1B1.0B2.2B2.3B2.0B2.1B
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 Other996.5M839.9M977.6M249.1M201.4M354.0M
Cash And Short Term Investments1.8B3.0B2.6B4.9B7.1B7.5B
Net Receivables2.2B2.3B3.9B3.6B3.3B3.5B
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 Assets389.5M573.0M316.5M789.3M377.9M236.5M
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 Debt91.7M68.8M723.4M77.7M218.7M134.6M
Accounts Payable1.2B1.4B2.0B1.6B2.0B2.1B
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

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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 tightly coupled 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 Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.

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Is Nucor Corp's industry 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
(0.22)
Dividend Share
2.1
Earnings Share
17.02
Revenue Per Share
138.14
Quarterly Revenue Growth
(0.07)
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.