Nutrien Non Current Liabilities Total vs Net Receivables Analysis

NTR Stock  USD 57.67  0.94  1.60%   
Nutrien financial indicator trend analysis is infinitely more than just investigating Nutrien recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nutrien is a good investment. Please check the relationship between Nutrien Non Current Liabilities Total and its Net Receivables accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nutrien. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
To learn how to invest in Nutrien Stock, please use our How to Invest in Nutrien guide.

Non Current Liabilities Total vs Net Receivables

Non Current Liabilities Total vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nutrien Non Current Liabilities Total account and Net Receivables. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Nutrien's Non Current Liabilities Total and Net Receivables is 0.89. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Nutrien, assuming nothing else is changed. The correlation between historical values of Nutrien's Non Current Liabilities Total and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of Nutrien are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Non Current Liabilities Total i.e., Nutrien's Non Current Liabilities Total and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.89
Relationship DirectionPositive 
Relationship StrengthStrong

Non Current Liabilities Total

Net Receivables

Most indicators from Nutrien's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nutrien 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 Nutrien. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
To learn how to invest in Nutrien Stock, please use our How to Invest in Nutrien guide.At this time, Nutrien's Selling General Administrative is relatively stable compared to the past year. As of 06/04/2024, Discontinued Operations is likely to grow to about 4.4 B, while Issuance Of Capital Stock is likely to drop slightly above 30.4 M.
 2021 2022 2023 2024 (projected)
Interest Expense488M492M876.8M920.6M
Depreciation And Amortization2.2B1.3B2.2B2.4B

Nutrien fundamental ratios Correlations

0.990.930.971.00.950.970.810.661.00.790.660.960.860.970.980.97-0.491.00.980.840.970.930.920.510.97
0.990.890.960.980.960.990.820.610.990.80.610.950.820.990.960.96-0.470.990.960.820.960.910.930.460.98
0.930.890.950.930.860.880.740.580.910.730.580.940.850.860.960.93-0.540.930.950.830.930.890.830.680.84
0.970.960.950.960.890.950.80.570.950.750.571.00.810.911.00.97-0.440.980.990.90.990.930.880.50.9
1.00.980.930.960.950.950.80.710.990.760.710.950.880.970.970.96-0.50.990.980.830.960.930.910.50.96
0.950.960.860.890.950.960.90.570.970.780.570.870.740.970.890.87-0.60.950.890.820.880.80.930.420.94
0.970.990.880.950.950.960.830.510.980.790.510.950.770.970.950.95-0.470.990.950.830.960.890.930.440.96
0.810.820.740.80.80.90.830.420.820.690.420.810.470.80.770.68-0.550.820.780.880.760.570.770.180.74
0.660.610.580.570.710.570.510.420.660.51.00.550.770.640.610.61-0.240.610.650.370.560.670.540.380.68
1.00.990.910.950.990.970.980.820.660.790.660.940.850.990.960.96-0.510.990.960.820.950.910.930.490.98
0.790.80.730.750.760.780.790.690.50.790.50.760.630.820.740.75-0.320.80.750.560.760.650.680.550.81
0.660.610.580.570.710.570.510.421.00.660.50.550.770.640.610.61-0.240.610.650.370.560.670.540.380.68
0.960.950.941.00.950.870.950.810.550.940.760.550.770.890.990.96-0.40.970.980.90.990.910.850.460.89
0.860.820.850.810.880.740.770.470.770.850.630.770.770.820.840.88-0.350.840.850.570.80.910.750.720.84
0.970.990.860.910.970.970.970.80.640.990.820.640.890.820.920.93-0.510.980.920.740.920.880.940.50.99
0.980.960.961.00.970.890.950.770.610.960.740.610.990.840.920.98-0.450.981.00.860.990.950.890.530.92
0.970.960.930.970.960.870.950.680.610.960.750.610.960.880.930.98-0.430.970.980.780.990.980.880.570.94
-0.49-0.47-0.54-0.44-0.5-0.6-0.47-0.55-0.24-0.51-0.32-0.24-0.4-0.35-0.51-0.45-0.43-0.48-0.44-0.41-0.45-0.39-0.55-0.26-0.45
1.00.990.930.980.990.950.990.820.610.990.80.610.970.840.980.980.97-0.480.980.840.980.930.930.510.97
0.980.960.950.990.980.890.950.780.650.960.750.650.980.850.921.00.98-0.440.980.860.990.950.890.520.93
0.840.820.830.90.830.820.830.880.370.820.560.370.90.570.740.860.78-0.410.840.860.840.710.750.230.7
0.970.960.930.990.960.880.960.760.560.950.760.560.990.80.920.990.99-0.450.980.990.840.950.880.490.92
0.930.910.890.930.930.80.890.570.670.910.650.670.910.910.880.950.98-0.390.930.950.710.950.850.560.91
0.920.930.830.880.910.930.930.770.540.930.680.540.850.750.940.890.88-0.550.930.890.750.880.850.420.93
0.510.460.680.50.50.420.440.180.380.490.550.380.460.720.50.530.57-0.260.510.520.230.490.560.420.49
0.970.980.840.90.960.940.960.740.680.980.810.680.890.840.990.920.94-0.450.970.930.70.920.910.930.49
Click cells to compare fundamentals

Nutrien Account Relationship Matchups

Nutrien fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets46.8B47.2B50.0B54.6B52.5B55.1B
Short Long Term Debt Total11.1B11.4B10.8B11.9B12.5B13.1B
Other Current Liab1.7B1.8B2.8B3.2B1.9B2.0B
Total Current Liabilities9.1B8.5B12.4B14.3B12.1B12.7B
Total Stockholder Equity22.9B22.4B23.7B25.8B25.0B26.3B
Property Plant And Equipment Net20.3B19.7B20.0B21.8B22.3B23.5B
Net Debt10.4B9.9B10.3B11.0B11.6B12.1B
Retained Earnings7.1B6.6B8.2B11.9B11.5B12.0B
Cash671M1.5B499M901M936.2M983.0M
Non Current Assets Total36.1B35.7B36.1B38.2B38.4B40.3B
Non Currrent Assets Other315M672M567M521M497.7M460.7M
Cash And Short Term Investments671M1.5B499M901M936.2M983.0M
Net Receivables3.5B3.6B5.4B6.2B5.4B5.6B
Common Stock Shares Outstanding583.1M569.7M571.3M540.0M497.0M420.7M
Liabilities And Stockholders Equity46.8B47.2B50.0B54.6B52.5B55.1B
Non Current Liabilities Total14.8B16.3B13.8B14.4B15.3B16.1B
Inventory5.0B4.9B6.3B7.6B6.3B6.6B
Other Current Assets1.5B1.5B1.7B1.6B1.5B1.6B
Other Stockholder Equity248M205M149M109M82.6M78.4M
Total Liab23.9B24.8B26.3B28.7B27.4B28.8B
Total Current Assets10.7B11.5B13.8B16.3B14.1B14.8B
Short Term Debt1.7B422M2.4B3.0B2.6B2.8B
Accounts Payable4.0B4.4B5.2B5.8B5.4B5.7B
Intangible Assets2.4B2.4B2.3B2.3B2.2B2.3B
Accumulated Other Comprehensive Income(251M)(119M)(146M)(391M)(294.5M)(279.8M)
Other Liab5.4B5.4B5.4B5.5B6.3B6.6B
Other Assets564M914M829M969M1.00.95
Long Term Debt8.6B10.0B7.5B8.0B8.9B9.4B
Good Will12.0B12.2B12.2B12.4B12.1B12.7B
Common Stock15.8B15.7B15.5B14.2B13.8B14.5B
Property Plant Equipment20.3B19.7B20.0B21.8B25.0B26.3B
Current Deferred Revenue1.7B1.8B2.1B2.3B2.1B2.2B
Common Stock Total Equity1.8B16.7B15.8B15.7B18.0B18.9B
Net Tangible Assets8.5B7.8B9.1B11.2B12.8B9.9B
Long Term Investments821M562M703M843M736M1.1B
Short Long Term Debt1.5B173M2.1B2.7B2.3B1.5B
Non Current Liabilities Other161M209M207M235M200M176.8M

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Additional Tools for Nutrien Stock Analysis

When running Nutrien's price analysis, check to measure Nutrien's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nutrien is operating at the current time. Most of Nutrien's value examination focuses on studying past and present price action to predict the probability of Nutrien's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nutrien's price. Additionally, you may evaluate how the addition of Nutrien to your portfolios can decrease your overall portfolio volatility.