Nordson Balance Sheet Health
Financial Health criteria checks 4/6
Nordson has a total shareholder equity of $2.9B and total debt of $2.2B, which brings its debt-to-equity ratio to 75.2%. Its total assets and total liabilities are $6.0B and $3.1B respectively. Nordson's EBIT is $680.3M making its interest coverage ratio 8.1. It has cash and short-term investments of $116.0M.
Key information
75.2%
Debt to equity ratio
US$2.21b
Debt
| Interest coverage ratio | 8.1x |
| Cash | US$115.95m |
| Equity | US$2.93b |
| Total liabilities | US$3.07b |
| Total assets | US$6.00b |
Recent financial health updates
Nordson (NASDAQ:NDSN) Has A Pretty Healthy Balance Sheet
Dec 02
Nordson (NASDAQ:NDSN) Seems To Use Debt Quite Sensibly
Jun 28Here's Why Nordson (NASDAQ:NDSN) Can Manage Its Debt Responsibly
Feb 23Recent updates
Nordson (NASDAQ:NDSN) Has A Pretty Healthy Balance Sheet
Dec 02Is It Time To Consider Buying Nordson Corporation (NASDAQ:NDSN)?
Nov 17Return Trends At Nordson (NASDAQ:NDSN) Aren't Appealing
Nov 05Nordson Corp.: Resorting To M&A While Organic Growth Lags
Oct 25Estimating The Intrinsic Value Of Nordson Corporation (NASDAQ:NDSN)
Sep 29Nordson Corporation's (NASDAQ:NDSN) Shares May Have Run Too Fast Too Soon
Aug 17Nordson (NASDAQ:NDSN) Is Increasing Its Dividend To $0.78
Aug 17Nordson Corporation: Rate Of Capital Deployment Doesn't Match Current Valuations
Aug 08What Does Nordson Corporation's (NASDAQ:NDSN) Share Price Indicate?
Aug 05Nordson (NASDAQ:NDSN) Seems To Use Debt Quite Sensibly
Jun 28Nordson's (NASDAQ:NDSN) Returns Have Hit A Wall
Jun 04Nordson Corporation (NASDAQ:NDSN) Just Reported Second-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?
May 23Nordson: Premium Player Delivering A Soft Performance
May 22Nordson Corporation (NASDAQ:NDSN) Investors Are Less Pessimistic Than Expected
May 12A Look At The Fair Value Of Nordson Corporation (NASDAQ:NDSN)
Apr 30At US$270, Is Nordson Corporation (NASDAQ:NDSN) Worth Looking At Closely?
Apr 03Nordson 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 09Financial Position Analysis
Short Term Liabilities: NDSN's short term assets ($1.3B) exceed its short term liabilities ($528.5M).
Long Term Liabilities: NDSN's short term assets ($1.3B) do not cover its long term liabilities ($2.5B).
Debt to Equity History and Analysis
Debt Level: NDSN's net debt to equity ratio (71.2%) is considered high.
Reducing Debt: NDSN's debt to equity ratio has reduced from 78.7% to 75.2% over the past 5 years.
Debt Coverage: NDSN's debt is well covered by operating cash flow (25.2%).
Interest Coverage: NDSN's interest payments on its debt are well covered by EBIT (8.1x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 18:40 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/10/31 |
| Annual Earnings | 2024/10/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Nordson Corporation is covered by 25 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Michael Halloran | Baird |
| Matthew Gall | Barrington Research Associates, Inc. |
| Andrew Buscaglia | Berenberg |