Nordson (FRA:ND1) Cash And Cash Equivalents : €117 Mil (As of Apr. 2024)

View and export this data going back to . Start your Free Trial

What is Nordson Cash And Cash Equivalents?

Nordson's quarterly cash and cash equivalents increased from Oct. 2023 (€109.55 Mil) to Jan. 2024 (€125.03 Mil) but then stayed the same from Jan. 2024 (€125.03 Mil) to Apr. 2024 (€116.92 Mil).

Nordson's annual cash and cash equivalents declined from Oct. 2021 (€258.58 Mil) to Oct. 2022 (€165.91 Mil) and declined from Oct. 2022 (€165.91 Mil) to Oct. 2023 (€109.55 Mil).

Nordson Cash And Cash Equivalents Historical Data

The historical data trend for Nordson's Cash And Cash Equivalents can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Nordson Cash And Cash Equivalents Chart

Nordson Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Cash And Cash Equivalents

Get a 7-Day Free Trial

136.65

177.05

258.58

165.91

109.55

Nordson Quarterly Data
	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24
Cash And Cash Equivalents	Get a 7-Day Free Trial															117.72	129.40	109.55	125.03	116.92

Nordson Cash And Cash Equivalents Calculation

Cash and cash equivalents are the most liquid assets on the balance sheet. Cash equivalents are assets that are readily convertible into cash, such as money market holdings, short-term government bonds or Treasury bills, marketable securities and commercial paper.

Nordson (FRA:ND1) Cash And Cash Equivalents Explanation

A high number means either:

1) The company has competitive advantage generating lots of cash

2) Just sold a business or bonds (not necessarily good)

A low stockpile of cash usually means poor to mediocre economics.

There are 3 ways to create large cash reserve.

1) Sell new bonds or equity to public

2) Sell business or asset

3) It has an ongoing business generating more cash than it burns (usually means durable competitive advantage)

When a company is suffering a short term problem, Buffett looks at cash or marketable securities to see whether it has the financial strength to ride it out.

Important: Lots of cash and marketable securities + little debt = good chance that the business will sail on through tough times.

Test to see what is creating cash by looking at past 7 yrs of balance sheets. This will reveal how the cash was created.

Be Aware

Depreciation estimates make the calculation of net income susceptible to management's accounting choices. These choices can be either overly aggressive or overly conservative.

Nordson Cash And Cash Equivalents Related Terms

Thank you for viewing the detailed overview of Nordson's Cash And Cash Equivalents provided by GuruFocus.com. Please click on the following links to see related term pages.

Nordson (FRA:ND1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Nordson Corp (FRA:ND1) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

NDSN:USA

Address

28601 Clemens Road, Westlake, OH, USA, 44145

Website

https://www.nordson.com

Nordson is a manufacturer of equipment (including pumps, valves, dispensers, applicators, filters, and pelletizers, among other equipment) used for dispensing adhesives, coatings, sealants, and other materials. The firm serves a diverse range of end markets including packaging, medical, electronics, and industrial. Nordson's business is organized into three segments: industrial precision solutions, medical and fluid solutions, and advanced technology solutions. The company generated approximately $2.6 billion in revenue in its fiscal 2023.

Nordson (FRA:ND1) Headlines

No Headlines