Nutrien Common Stock Shares Outstanding vs Intangible Assets Analysis

NTR Stock  CAD 79.87  1.46  1.86%   
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 Common Stock Shares Outstanding and its Intangible Assets 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 board of governors.
To learn how to invest in Nutrien Stock, please use our How to Invest in Nutrien guide.

Common Stock Shares Outstanding vs Intangible Assets

Common Stock Shares Outstanding vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nutrien Common Stock Shares Outstanding account and Intangible Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Nutrien's Common Stock Shares Outstanding and Intangible Assets is 0.91. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of Nutrien, assuming nothing else is changed. The correlation between historical values of Nutrien's Common Stock Shares Outstanding and Intangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Nutrien are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Common Stock Shares Outstanding i.e., Nutrien's Common Stock Shares Outstanding and Intangible Assets go up and down completely randomly.

Correlation Coefficient

0.91
Relationship DirectionPositive 
Relationship StrengthVery Strong

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
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 board of governors.
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 very stable compared to the past year. As of the 1st of June 2024, Discontinued Operations is likely to grow to about 4.4 B, while Tax Provision is likely to drop about 608.7 M.
 2021 2022 2023 2024 (projected)
Gross Profit9.4B15.4B8.5B8.9B
Total Revenue27.7B37.9B29.1B30.5B

Nutrien fundamental ratios Correlations

0.980.540.971.00.950.980.820.661.00.730.680.960.850.970.980.79-0.521.00.90.980.970.930.970.80.97
0.980.410.950.970.960.980.840.60.980.710.630.930.780.980.960.78-0.50.990.920.960.960.90.940.820.97
0.540.410.550.540.450.540.270.410.520.620.380.610.740.480.570.44-0.170.530.340.560.50.540.550.190.42
0.970.950.550.960.890.950.80.570.950.680.590.990.810.911.00.77-0.450.980.940.990.990.930.960.870.98
1.00.970.540.960.950.960.810.710.990.710.730.950.870.970.970.78-0.530.990.880.980.960.930.970.780.96
0.950.960.450.890.950.950.90.570.970.730.590.870.740.970.890.76-0.650.950.890.890.880.80.860.760.88
0.980.980.540.950.960.950.80.520.980.760.540.940.80.980.950.8-0.510.990.90.950.950.890.930.760.93
0.820.840.270.80.810.90.80.430.820.610.450.780.460.80.770.6-0.610.820.910.780.770.580.660.840.76
0.660.60.410.570.710.570.520.430.660.481.00.560.770.640.610.43-0.260.610.390.650.560.670.690.340.61
1.00.980.520.950.990.970.980.820.660.740.680.940.850.990.960.77-0.550.990.890.960.950.910.960.770.95
0.730.710.620.680.710.730.760.610.480.740.480.710.610.770.680.56-0.360.740.640.690.690.60.650.380.63
0.680.630.380.590.730.590.540.451.00.680.480.580.760.650.630.44-0.270.630.430.670.590.690.710.380.64
0.960.930.610.990.950.870.940.780.560.940.710.580.810.890.990.75-0.410.960.920.980.980.920.940.840.96
0.850.780.740.810.870.740.80.460.770.850.610.760.810.820.840.68-0.370.830.590.840.80.910.910.480.79
0.970.980.480.910.970.970.980.80.640.990.770.650.890.820.920.78-0.560.980.850.930.920.880.930.70.91
0.980.960.571.00.970.890.950.770.610.960.680.630.990.840.920.79-0.460.980.911.00.990.950.970.840.98
0.790.780.440.770.780.760.80.60.430.770.560.440.750.680.780.79-0.50.80.720.820.780.760.780.60.77
-0.52-0.5-0.17-0.45-0.53-0.65-0.51-0.61-0.26-0.55-0.36-0.27-0.41-0.37-0.56-0.46-0.5-0.52-0.53-0.46-0.46-0.39-0.43-0.38-0.44
1.00.990.530.980.990.950.990.820.610.990.740.630.960.830.980.980.8-0.520.920.980.980.930.960.80.97
0.90.920.340.940.880.890.90.910.390.890.640.430.920.590.850.910.72-0.530.920.910.920.770.820.940.92
0.980.960.560.990.980.890.950.780.650.960.690.670.980.840.931.00.82-0.460.980.910.990.950.970.830.98
0.970.960.50.990.960.880.950.770.560.950.690.590.980.80.920.990.78-0.460.980.920.990.950.970.830.99
0.930.90.540.930.930.80.890.580.670.910.60.690.920.910.880.950.76-0.390.930.770.950.950.990.70.95
0.970.940.550.960.970.860.930.660.690.960.650.710.940.910.930.970.78-0.430.960.820.970.970.990.740.97
0.80.820.190.870.780.760.760.840.340.770.380.380.840.480.70.840.6-0.380.80.940.830.830.70.740.86
0.970.970.420.980.960.880.930.760.610.950.630.640.960.790.910.980.77-0.440.970.920.980.990.950.970.86
Click cells to compare fundamentals

Nutrien Account Relationship Matchups

Nutrien fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets46.8B47.2B50.0B54.6B52.7B55.4B
Short Long Term Debt Total11.1B11.4B10.8B11.9B13.7B14.4B
Other Current Liab1.7B1.8B2.8B3.2B16M15.2M
Total Current Liabilities9.1B8.5B12.4B14.3B12.1B12.7B
Total Stockholder Equity22.9B22.4B23.7B25.8B25.2B26.4B
Property Plant And Equipment Net20.3B19.7B20.0B21.8B22.5B23.6B
Net Debt10.4B9.9B10.3B11.0B10.3B10.8B
Retained Earnings7.1B6.6B8.2B11.9B11.5B12.1B
Cash671M1.5B499M901M941M988.1M
Non Current Assets Total36.1B35.7B36.1B38.2B38.6B40.5B
Non Currrent Assets Other315M672M567M521M345M457.0M
Cash And Short Term Investments671M1.5B499M901M1.0B1.1B
Net Receivables3.5B3.6B5.4B6.2B4.7B4.9B
Common Stock Shares Outstanding583.1M569.7M571.3M540.0M494.6M420.2M
Liabilities And Stockholders Equity46.8B47.2B50.0B54.6B62.8B65.9B
Non Current Liabilities Total14.8B16.3B13.8B14.4B15.4B16.2B
Inventory5.0B4.9B6.3B7.6B6.3B6.7B
Other Current Assets1.5B1.5B1.7B1.6B1.5B1.6B
Other Stockholder Equity248M205M149M109M98.1M93.2M
Total Liab23.9B24.8B26.3B28.7B27.5B28.9B
Property Plant And Equipment Gross20.3B19.7B34.8B37.2B39.3B41.3B
Total Current Assets10.7B11.5B13.8B16.3B14.2B14.9B
Accumulated Other Comprehensive Income(251M)(119M)(146M)(391M)(449.7M)(427.2M)
Accounts Payable4.0B4.4B5.2B5.8B5.5B5.8B
Intangible Assets2.4B2.4B2.3B2.3B2.2B2.3B
Good Will12.0B12.2B12.2B12.4B12.1B12.7B
Short Term Debt1.7B422M2.4B3.0B3.4B3.6B
Current Deferred Revenue1.7B1.8B2.1B2.3B2.6B2.8B
Common Stock Total Equity1.8B16.7B15.8B15.7B18.0B18.9B
Common Stock15.8B15.7B15.5B14.2B16.3B8.8B
Other Liab5.4B5.4B5.4B5.5B6.3B4.9B
Net Tangible Assets8.5B7.8B9.1B11.2B12.8B9.9B
Other Assets564M914M829M811M932.7M556.3M
Long Term Debt8.6B10.0B7.5B8.0B8.9B6.8B
Long Term Investments821M562M703M843M736M1.1B
Short Long Term Debt1.5B173M2.1B2.7B2.3B1.5B
Property Plant Equipment20.3B19.7B20.0B21.8B25.0B18.1B
Non Current Liabilities Other161M209M207M235M200M176.8M

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When determining whether Nutrien is a strong investment it is important to analyze Nutrien's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Nutrien's future performance. For an informed investment choice regarding Nutrien Stock, refer to the following important reports:
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 board of governors.
To learn how to invest in Nutrien Stock, please use our How to Invest in Nutrien guide.
You can also try the Stocks Directory module to find actively traded stocks across global markets.

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Please note, there is a significant difference between Nutrien's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nutrien is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nutrien's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.