Nordstrom Total Debt vs. Earnings Per Share
| J1WN34 Stock | 138.61 0.00 0.00% |
For Nordstrom profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Nordstrom to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Nordstrom utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Nordstrom's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Nordstrom over time as well as its relative position and ranking within its peers.
Nordstrom |
Nordstrom Earnings Per Share vs. Total Debt Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Nordstrom's current stock value. Our valuation model uses many indicators to compare Nordstrom value to that of its competitors to determine the firm's financial worth. Nordstrom is considered the number one company in total debt category among its peers. It also is currently regarded as number one stock in earnings per share category among its peers . The ratio of Total Debt to Earnings Per Share for Nordstrom is about 268,139,098 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Nordstrom by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Nordstrom's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Nordstrom Total Debt vs. Competition
Nordstrom is considered the number one company in total debt category among its peers. Total debt of Department Stores industry is currently estimated at about 116.28 Billion. Nordstrom holds roughly 2.85 Billion in total debt claiming about 2.45% of equities under Department Stores industry.
Nordstrom Earnings Per Share vs. Total Debt
Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
Nordstrom |
| = | 2.85 B |
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
Earnings per Share (EPS) denotes the portion of a company's earnings that is allocated to each share of common stock. To calculate Earnings per Share investors will need to take a company's net income, subtract any dividends for preferred stock, and divide it by the number of average outstanding shares. EPS is usually presented in two different ways: basic and diluted. Fully diluted Earnings per Share takes into account effects of warrants, options, and convertible securities and is generally viewed by analysts as a more accurate measure.
Nordstrom |
| = | 10.64 X |
Earnings per Share is one of the most critical measures of the firm's current share price and is used by investors to determine the overall company profitability, especially when compared to the EPS of similar companies.
Nordstrom Earnings Per Share Comparison
Nordstrom is currently under evaluation in earnings per share category among its peers.
Nordstrom Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Nordstrom. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Nordstrom position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Nordstrom's important profitability drivers and their relationship over time.
Use Nordstrom in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Nordstrom position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Nordstrom will appreciate offsetting losses from the drop in the long position's value.Nordstrom Pair Trading
Nordstrom Pair Trading Analysis
The ability to find closely correlated positions to Nordstrom could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Nordstrom when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Nordstrom - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Nordstrom to buy it.
The correlation of Nordstrom is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Nordstrom moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Nordstrom moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Nordstrom can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Nordstrom position
In addition to having Nordstrom in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Government Funds Thematic Idea Now
Government Funds
Funds or Etfs that invest in fixed income securities issued by national government to finance government spending or to facilitate Federal Reserve monetary policies. The Government Funds theme has 48 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Government Funds Theme or any other thematic opportunities.
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Additional Information and Resources on Investing in Nordstrom Stock
When determining whether Nordstrom offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Nordstrom's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Nordstrom Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Nordstrom Stock:Check out Risk vs Return Analysis. For information on how to trade Nordstrom Stock refer to our How to Trade Nordstrom Stock guide.You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
To fully project Nordstrom's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Nordstrom at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Nordstrom's income statement, its balance sheet, and the statement of cash flows.