Nomad Selling General Administrative vs Interest Income Analysis

NOMD Stock  USD 18.31  0.22  1.22%   
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 Selling General Administrative and its Interest Income 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.

Selling General Administrative vs Interest Income

Selling General Administrative vs Interest Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nomad Foods Selling General Administrative account and Interest Income. At this time, the significance of the direction appears to have very week relationship.
The correlation between Nomad Foods' Selling General Administrative and Interest Income is 0.27. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Interest Income 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' Selling General Administrative and Interest Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling General Administrative of Nomad Foods are associated (or correlated) with its Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Income has no effect on the direction of Selling General Administrative i.e., Nomad Foods' Selling General Administrative and Interest Income go up and down completely randomly.

Correlation Coefficient

0.27
Relationship DirectionPositive 
Relationship StrengthVery Weak

Selling General Administrative

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.
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.At present, Nomad Foods' Enterprise Value Multiple is projected to increase significantly based on the last few years of reporting.

Nomad Foods fundamental ratios Correlations

0.540.950.890.910.410.47-0.070.490.690.510.360.910.470.760.49-0.770.890.750.86-0.770.430.870.87-0.160.76
0.540.560.410.310.080.270.010.470.30.680.350.510.540.260.71-0.270.480.740.38-0.240.770.630.44-0.20.44
0.950.560.760.810.540.490.060.330.590.410.340.970.550.620.37-0.650.730.590.74-0.650.470.720.73-0.130.6
0.890.410.760.90.160.31-0.320.520.640.390.280.650.060.940.37-0.920.960.70.98-0.910.40.90.98-0.220.65
0.910.310.810.90.360.190.00.30.540.290.080.790.220.770.31-0.820.870.650.85-0.790.210.820.87-0.260.64
0.410.080.540.160.36-0.080.57-0.41-0.04-0.26-0.330.590.320.11-0.05-0.040.140.030.1-0.150.190.040.070.570.05
0.470.270.490.310.19-0.08-0.550.740.870.570.950.470.540.330.26-0.390.360.280.41-0.380.110.370.41-0.090.63
-0.070.010.06-0.320.00.57-0.55-0.71-0.59-0.3-0.70.210.31-0.520.010.51-0.36-0.1-0.460.52-0.1-0.28-0.440.08-0.33
0.490.470.330.520.3-0.410.74-0.710.80.850.850.250.330.540.65-0.50.640.690.59-0.470.30.710.62-0.220.81
0.690.30.590.640.54-0.040.87-0.590.80.550.80.570.40.620.33-0.70.670.50.7-0.70.060.650.71-0.150.78
0.510.680.410.390.29-0.260.57-0.30.850.550.680.380.60.30.87-0.260.550.820.42-0.210.470.70.47-0.290.8
0.360.350.340.280.08-0.330.95-0.70.850.80.680.280.430.330.34-0.370.350.330.39-0.340.220.40.4-0.190.61
0.910.510.970.650.790.590.470.210.250.570.380.280.670.470.37-0.540.620.550.61-0.530.320.630.62-0.140.59
0.470.540.550.060.220.320.540.310.330.40.60.430.67-0.150.590.090.150.470.020.110.170.310.07-0.090.54
0.760.260.620.940.770.110.33-0.520.540.620.30.330.47-0.150.21-0.920.920.550.97-0.950.420.80.94-0.040.59
0.490.710.370.370.31-0.050.260.010.650.330.870.340.370.590.21-0.10.530.90.32-0.090.460.70.38-0.110.73
-0.77-0.27-0.65-0.92-0.82-0.04-0.390.51-0.5-0.7-0.26-0.37-0.540.09-0.92-0.1-0.87-0.48-0.950.98-0.28-0.76-0.950.28-0.56
0.890.480.730.960.870.140.36-0.360.640.670.550.350.620.150.920.53-0.870.810.96-0.870.470.960.97-0.140.79
0.750.740.590.70.650.030.28-0.10.690.50.820.330.550.470.550.9-0.480.810.65-0.460.520.930.71-0.210.82
0.860.380.740.980.850.10.41-0.460.590.70.420.390.610.020.970.32-0.950.960.65-0.950.420.880.99-0.210.68
-0.77-0.24-0.65-0.91-0.79-0.15-0.380.52-0.47-0.7-0.21-0.34-0.530.11-0.95-0.090.98-0.87-0.46-0.95-0.31-0.74-0.940.09-0.56
0.430.770.470.40.210.190.11-0.10.30.060.470.220.320.170.420.46-0.280.470.520.42-0.310.50.410.110.28
0.870.630.720.90.820.040.37-0.280.710.650.70.40.630.310.80.7-0.760.960.930.88-0.740.50.92-0.270.84
0.870.440.730.980.870.070.41-0.440.620.710.470.40.620.070.940.38-0.950.970.710.99-0.940.410.92-0.260.72
-0.16-0.2-0.13-0.22-0.260.57-0.090.08-0.22-0.15-0.29-0.19-0.14-0.09-0.04-0.110.28-0.14-0.21-0.210.090.11-0.27-0.26-0.09
0.760.440.60.650.640.050.63-0.330.810.780.80.610.590.540.590.73-0.560.790.820.68-0.560.280.840.72-0.09
Click cells to compare fundamentals

Nomad Foods Account Relationship Matchups

Nomad Foods fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.9B5.6B6.2B6.3B6.4B5.1B
Other Current Liab12.1M263.5M231.6M235.6M327.6M344.0M
Total Current Liabilities823.1M916.3M966.2M940.8M1.0B842.6M
Other Liab644.3M705.2M686.5M580.2M667.2M531.9M
Accounts Payable525.2M453.4M507M496.7M476.1M445.8M
Cash826.1M393.2M254.2M369.7M412.7M355.1M
Other Assets98.3M114.6M137.2M108.5M(5.3M)(5.6M)
Long Term Debt1.8B1.7B2.2B2.1B2.1B1.7B
Good Will1.9B1.9B2.1B2.1B2.1B1.9B
Common Stock Shares Outstanding198.4M197.9M178.1M174.3M171.2M180.4M
Inventory323.2M343.2M410.6M457.1M446.4M380.7M
Other Current Assets35.4M73.9M96.9M93.2M98.1M103.0M
Total Liab3.3B3.4B3.9B3.7B3.8B3.3B
Intangible Assets2.1B2.1B2.5B2.5B2.5B2.3B
Common Stock2.1B1.6B1.6B1.6B1.5B1.5B
Property Plant Equipment422.4M422.2M549.4M542.9M624.3M422.4M
Short Long Term Debt Total1.9B1.8B2.2B2.2B2.1B1.6B
Total Stockholder Equity2.6B2.1B2.3B2.6B2.6B2.1B
Property Plant And Equipment Net422.4M422.2M549.4M542.9M563.7M452.0M
Current Deferred Revenue258.1M211.9M237.8M189.7M218.1M123.8M
Net Debt1.0B1.4B2.0B1.8B1.7B1.3B
Retained Earnings(11.8M)191.6M387.4M886.6M1.1B1.1B
Non Current Assets Total4.5B4.6B5.2B5.2B5.3B4.8B
Non Currrent Assets Other(8.0)1.1M(4.4K)23.3K114.7M120.4M
Cash And Short Term Investments851.1M418.2M254.2M369.7M412.7M343.2M
Net Receivables206.7M141.2M182.8M211.2M208.3M168.5M
Short Term Investments2.1M13.4M25M34M30.6M41.0M
Liabilities And Stockholders Equity5.9B5.6B6.2B6.3B6.4B5.6B
Non Current Liabilities Total2.5B2.5B2.9B2.8B2.8B2.4B
Other Stockholder Equity(358.1M)1.7B1.7B1.7B1.3M1.3M
Property Plant And Equipment Gross574.3M422.2M790.8M817.8M896.8M490.0M
Total Current Assets1.4B967.3M929.1M1.1B1.2B992.8M
Accumulated Other Comprehensive Income451.7M305.7M281.6M109.1M80.5M76.5M
Short Term Debt27.7M33.2M29.1M25.5M34.6M32.9M
Net Tangible Assets(1.8B)(2.2B)(2.4B)(2.0B)(1.8B)(1.9B)
Short Long Term Debt10.1M16.5M29.1M3.2M13.2M12.5M
Capital Lease Obligations109M70.4M80.9M66.6M78.8M49.7M

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Nomad Foods is a strong investment it is important to analyze Nomad Foods' 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 Nomad Foods' future performance. For an informed investment choice regarding Nomad Stock, refer to the following important reports:
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 Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
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
0.536
Earnings Share
1.31
Revenue Per Share
18.544
Quarterly Revenue Growth
0.011
Return On Assets
0.0392
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.