Norcros Short Long Term Debt Total vs Common Stock Total Equity Analysis

NXR Stock   290.00  11.00  3.65%   
Norcros Plc financial indicator trend analysis is infinitely more than just investigating Norcros Plc recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Norcros Plc is a good investment. Please check the relationship between Norcros Plc Short Long Term Debt Total and its Common Stock Total Equity accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Norcros Plc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in inflation.

Short Long Term Debt Total vs Common Stock Total Equity

Short Long Term Debt Total vs Common Stock Total Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Norcros Plc Short Long Term Debt Total account and Common Stock Total Equity. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Norcros Plc's Short Long Term Debt Total and Common Stock Total Equity is -0.34. Overlapping area represents the amount of variation of Short Long Term Debt Total that can explain the historical movement of Common Stock Total Equity in the same time period over historical financial statements of Norcros Plc, assuming nothing else is changed. The correlation between historical values of Norcros Plc's Short Long Term Debt Total and Common Stock Total Equity 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 Long Term Debt Total of Norcros Plc are associated (or correlated) with its Common Stock Total Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Total Equity has no effect on the direction of Short Long Term Debt Total i.e., Norcros Plc's Short Long Term Debt Total and Common Stock Total Equity go up and down completely randomly.

Correlation Coefficient

-0.34
Relationship DirectionNegative 
Relationship StrengthInsignificant

Short Long Term Debt Total

Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.
Most indicators from Norcros Plc's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Norcros Plc 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 Norcros Plc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in inflation.
At present, Norcros Plc's Discontinued Operations is projected to increase significantly based on the last few years of reporting.
 2022 2023 2024 2025 (projected)
Interest Expense5.8M7.2M6.7M3.6M
Depreciation And Amortization15.8M15.5M10M9.6M

Norcros Plc fundamental ratios Correlations

0.360.80.850.82-0.250.030.550.120.80.820.730.960.040.130.190.730.970.840.670.910.330.95-0.270.190.62
0.36-0.010.15-0.06-0.130.710.360.94-0.16-0.120.340.480.1-0.390.960.340.220.31-0.340.280.890.1-0.02-0.110.83
0.8-0.010.80.76-0.25-0.030.4-0.240.770.860.630.7-0.170.24-0.170.630.850.620.710.7-0.020.85-0.240.060.32
0.850.150.80.69-0.05-0.080.29-0.110.710.90.740.71-0.070.24-0.080.740.930.640.610.68-0.020.89-0.35-0.010.55
0.82-0.060.760.69-0.41-0.310.56-0.210.980.790.420.790.250.35-0.180.420.820.90.840.890.00.85-0.240.340.18
-0.25-0.13-0.25-0.05-0.41-0.34-0.67-0.25-0.4-0.130.31-0.43-0.63-0.47-0.170.31-0.18-0.350.01-0.48-0.28-0.20.09-0.340.19
0.030.71-0.03-0.08-0.31-0.340.180.72-0.35-0.230.080.170.12-0.20.70.08-0.07-0.12-0.59-0.030.73-0.14-0.280.020.42
0.550.360.40.290.56-0.670.180.370.510.30.070.650.280.190.370.070.450.640.260.690.450.450.10.080.28
0.120.94-0.24-0.11-0.21-0.250.720.37-0.31-0.38-0.010.310.28-0.340.98-0.01-0.030.18-0.540.110.84-0.160.07-0.090.61
0.8-0.160.770.710.98-0.4-0.350.51-0.310.830.410.750.240.44-0.280.410.810.830.840.86-0.10.87-0.230.290.12
0.82-0.120.860.90.79-0.13-0.230.3-0.380.830.680.67-0.150.32-0.320.680.910.610.810.73-0.150.94-0.380.140.28
0.730.340.630.740.420.310.080.07-0.010.410.680.56-0.46-0.20.121.00.740.460.530.530.280.71-0.24-0.060.75
0.960.480.70.710.79-0.430.170.650.310.750.670.560.230.120.360.560.890.880.540.920.490.84-0.280.290.6
0.040.1-0.17-0.070.25-0.630.120.280.280.24-0.15-0.460.230.570.12-0.46-0.050.32-0.190.240.17-0.05-0.220.34-0.2
0.13-0.390.240.240.35-0.47-0.20.19-0.340.440.32-0.20.120.57-0.49-0.20.150.140.180.23-0.30.23-0.10.09-0.41
0.190.96-0.17-0.08-0.18-0.170.70.370.98-0.28-0.320.120.360.12-0.490.120.040.21-0.450.160.88-0.090.08-0.060.69
0.730.340.630.740.420.310.080.07-0.010.410.681.00.56-0.46-0.20.120.740.460.530.530.280.71-0.24-0.060.75
0.970.220.850.930.82-0.18-0.070.45-0.030.810.910.740.89-0.050.150.040.740.790.740.850.160.97-0.310.190.56
0.840.310.620.640.9-0.35-0.120.640.180.830.610.460.880.320.140.210.460.790.660.910.30.74-0.190.260.48
0.67-0.340.710.610.840.01-0.590.26-0.540.840.810.530.54-0.190.18-0.450.530.740.660.67-0.250.78-0.130.320.08
0.910.280.70.680.89-0.48-0.030.690.110.860.730.530.920.240.230.160.530.850.910.670.340.85-0.240.290.42
0.330.89-0.02-0.020.0-0.280.730.450.84-0.1-0.150.280.490.17-0.30.880.280.160.3-0.250.340.07-0.050.210.66
0.950.10.850.890.85-0.2-0.140.45-0.160.870.940.710.84-0.050.23-0.090.710.970.740.780.850.07-0.310.180.44
-0.27-0.02-0.24-0.35-0.240.09-0.280.10.07-0.23-0.38-0.24-0.28-0.22-0.10.08-0.24-0.31-0.19-0.13-0.24-0.05-0.31-0.38-0.13
0.19-0.110.06-0.010.34-0.340.020.08-0.090.290.14-0.060.290.340.09-0.06-0.060.190.260.320.290.210.18-0.38-0.16
0.620.830.320.550.180.190.420.280.610.120.280.750.6-0.2-0.410.690.750.560.480.080.420.660.44-0.13-0.16
Click cells to compare fundamentals

Norcros Plc Account Relationship Matchups

Norcros Plc fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets312.2M359.5M446.2M425.3M388M275.9M
Short Long Term Debt Total42M42.8M103.6M90.3M80.1M52.2M
Other Current Liab47.2M43.1M36.9M43.8M32.7M30.3M
Total Current Liabilities104.1M110.8M129.8M99.2M95.2M80.3M
Total Stockholder Equity148.4M200.3M210.4M222.4M207.9M218.3M
Other Liab52.4M23.1M11.3M22.4M25.8M35.1M
Property Plant And Equipment Net49.6M47.6M48.9M46.1M38.5M36.6M
Net Debt13.7M15.4M74.6M59.5M57.4M38.4M
Retained Earnings128.1M173.3M176.5M192.7M151.4M159.0M
Accounts Payable49.5M56.6M50.8M45.4M48.2M38.4M
Cash28.3M27.4M29M30.8M22.7M18.9M
Non Current Assets Total141.2M158.8M230M224.5M200.2M129.4M
Non Currrent Assets Other(60.8M)(41.6M)14.9M16.5M6.8M7.1M
Other Assets1.2M4.9M19.6M14.9M17.1M10.7M
Long Term Debt17.8M18.8M78.9M68.1M59.5M42.6M
Cash And Short Term Investments28.3M27.4M29M30.8M22.7M18.9M
Net Receivables64.6M71.1M83.3M72.6M71.7M54.5M
Good Will60.8M61.2M107.9M107.3M107.4M112.8M
Common Stock Shares Outstanding80.8M82.4M89.5M89.8M90.0M81.1M
Liabilities And Stockholders Equity312.2M359.5M446.2M425.3M388M276.4M
Non Current Liabilities Total59.7M48.4M106M103.7M84.9M59.0M
Inventory78.1M100.6M103.9M97.4M88.2M66.7M
Other Current Assets6.4M4.2M2.5M4.6M5.2M5.4M
Other Stockholder Equity30.1M30.2M47.5M21M47.6M36.6M
Total Liab163.8M159.2M235.8M202.9M180.1M177.4M
Property Plant And Equipment Gross47.6M48.9M44.8M170M114.6M66.8M
Total Current Assets171M200.7M216.2M200.8M187.8M143.5M
Accumulated Other Comprehensive Income(17.9M)(11.3M)(22.5M)(26.8M)(30.8M)(32.4M)
Short Term Debt5.4M5.7M6.1M6.3M6.5M7.6M
Intangible Assets93.6M90.3M167.1M53.9M46.1M45.1M
Property Plant Equipment42.3M49.6M47.6M48.9M40.3M36.1M
Net Tangible Assets8.1M54.8M110M43.3M49.8M36.6M

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Other Information on Investing in Norcros Stock

Balance Sheet is a snapshot of the financial position of Norcros Plc at a specified time, usually calculated after every quarter, six months, or one year. Norcros Plc Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Norcros Plc and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Norcros currently owns. An asset can also be divided into two categories, current and non-current.