Nordson Balance Sheet Health
Financial Health criteria checks 4/6
Nordson has a total shareholder equity of $2.7B and total debt of $1.6B, which brings its debt-to-equity ratio to 59.9%. Its total assets and total liabilities are $5.2B and $2.5B respectively. Nordson's EBIT is $696.4M making its interest coverage ratio 10.4. It has cash and short-term investments of $136.2M.
Key information
59.9%
Debt to equity ratio
US$1.63b
Debt
Interest coverage ratio | 10.4x |
Cash | US$136.20m |
Equity | US$2.72b |
Total liabilities | US$2.52b |
Total assets | US$5.25b |
Recent financial health updates
Here's Why Nordson (NASDAQ:NDSN) Can Manage Its Debt Responsibly
Feb 23Here's Why Nordson (NASDAQ:NDSN) Can Manage Its Debt Responsibly
Oct 03We Think Nordson (NASDAQ:NDSN) Can Stay On Top Of Its Debt
Jun 25Nordson (NASDAQ:NDSN) Could Easily Take On More Debt
Jan 28These 4 Measures Indicate That Nordson (NASDAQ:NDSN) Is Using Debt Safely
Oct 09Is Nordson (NASDAQ:NDSN) A Risky Investment?
Jun 13Recent updates
Nordson Corporation: Performing Well And Fairly Valued
Mar 07Here's Why Nordson (NASDAQ:NDSN) Can Manage Its Debt Responsibly
Feb 23Nordson Corporation's (NASDAQ:NDSN) Share Price Could Signal Some Risk
Jan 21The Returns At Nordson (NASDAQ:NDSN) Aren't Growing
Jan 09What Does Nordson Corporation's (NASDAQ:NDSN) Share Price Indicate?
Nov 01Here's Why Nordson (NASDAQ:NDSN) Can Manage Its Debt Responsibly
Oct 03Returns On Capital At Nordson (NASDAQ:NDSN) Have Hit The Brakes
Sep 18A Look At The Fair Value Of Nordson Corporation (NASDAQ:NDSN)
Sep 03Nordson (NASDAQ:NDSN) Is Increasing Its Dividend To $0.68
Aug 18Why Nordson Corporation (NASDAQ:NDSN) Could Be Worth Watching
Jul 31We Think Nordson (NASDAQ:NDSN) Can Stay On Top Of Its Debt
Jun 25Should You Be Adding Nordson (NASDAQ:NDSN) To Your Watchlist Today?
Jun 13Nordson (NASDAQ:NDSN) Has More To Do To Multiply In Value Going Forward
Jun 01Estimating The Intrinsic Value Of Nordson Corporation (NASDAQ:NDSN)
May 10Is Now The Time To Look At Buying Nordson Corporation (NASDAQ:NDSN)?
Mar 18We Take A Look At Why Nordson Corporation's (NASDAQ:NDSN) CEO Has Earned Their Pay Packet
Feb 22We Like Nordson's (NASDAQ:NDSN) Returns And Here's How They're Trending
Feb 09Nordson (NASDAQ:NDSN) Could Easily Take On More Debt
Jan 28Calculating The Fair Value Of Nordson Corporation (NASDAQ:NDSN)
Jan 17Here's Why We Think Nordson (NASDAQ:NDSN) Is Well Worth Watching
Jan 06Should You Think About Buying Nordson Corporation (NASDAQ:NDSN) Now?
Nov 17Returns On Capital Are A Standout For Nordson (NASDAQ:NDSN)
Nov 02Macro Risk Is Rising, But Nordson's Diverse, High-Margin Niche-Oriented Businesses Should Be More Resilient
Oct 19These 4 Measures Indicate That Nordson (NASDAQ:NDSN) Is Using Debt Safely
Oct 09Nordson announces additional $500M stock buyback authorization
Sep 06Nordson Q3 2022 Earnings Preview
Aug 21Nordson raises dividend by 28% to $0.65
Aug 10Nordson realigns business segment for profitable growth focus
Jul 08Returns on Capital Paint A Bright Future For Nordson (NASDAQ:NDSN)
Jul 06If EPS Growth Is Important To You, Nordson (NASDAQ:NDSN) Presents An Opportunity
Jun 24Is Nordson (NASDAQ:NDSN) A Risky Investment?
Jun 13Nordson Corporation: Fairly Valued Business Operating In A Niche
May 23Nordson Corporation (NASDAQ:NDSN) Shares Could Be 39% Below Their Intrinsic Value Estimate
May 02Financial Position Analysis
Short Term Liabilities: NDSN's short term assets ($1.2B) exceed its short term liabilities ($551.7M).
Long Term Liabilities: NDSN's short term assets ($1.2B) do not cover its long term liabilities ($2.0B).
Debt to Equity History and Analysis
Debt Level: NDSN's net debt to equity ratio (54.9%) is considered high.
Reducing Debt: NDSN's debt to equity ratio has reduced from 98.8% to 59.9% over the past 5 years.
Debt Coverage: NDSN's debt is well covered by operating cash flow (42.3%).
Interest Coverage: NDSN's interest payments on its debt are well covered by EBIT (10.4x coverage).