Nutrien Property Plant And Equipment Gross vs Cash And Short Term Investments 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 Property Plant And Equipment Gross and its Cash And Short Term Investments 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.

Property Plant And Equipment Gross vs Cash And Short Term Investments

Property Plant And Equipment Gross vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nutrien Property Plant And Equipment Gross account and Cash And Short Term Investments. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Nutrien's Property Plant And Equipment Gross and Cash And Short Term Investments is 0.43. Overlapping area represents the amount of variation of Property Plant And Equipment Gross that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Nutrien, assuming nothing else is changed. The correlation between historical values of Nutrien's Property Plant And Equipment Gross and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Gross of Nutrien are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Property Plant And Equipment Gross i.e., Nutrien's Property Plant And Equipment Gross and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.43
Relationship DirectionPositive 
Relationship StrengthWeak

Property Plant And Equipment Gross

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Nutrien balance sheet. This account contains Nutrien investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Nutrien fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
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 Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.

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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.