Nutrien Other Current Assets vs Total Liab 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 Other Current Assets and its Total Liab 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.

Other Current Assets vs Total Liab

Other Current Assets vs Total Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nutrien Other Current Assets account and Total Liab. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Nutrien's Other Current Assets and Total Liab is 0.8. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Total Liab in the same time period over historical financial statements of Nutrien, assuming nothing else is changed. The correlation between historical values of Nutrien's Other Current Assets and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Nutrien are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Other Current Assets i.e., Nutrien's Other Current Assets and Total Liab go up and down completely randomly.

Correlation Coefficient

0.8
Relationship DirectionPositive 
Relationship StrengthStrong

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
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

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
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 Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Complementary 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.
Equity Valuation
Check real value of public entities based on technical and fundamental data
CEOs Directory
Screen CEOs from public companies around the world
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Funds Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Stocks Directory
Find actively traded stocks across global markets
Money Managers
Screen money managers from public funds and ETFs managed around the world
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format
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.