Nutrien Stock Retained Earnings
| NTR Stock | CAD 71.53 0.60 0.85% |
Nutrien fundamentals help investors to digest information that contributes to Nutrien's financial success or failures. It also enables traders to predict the movement of Nutrien Stock. The fundamental analysis module provides a way to measure Nutrien's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Nutrien stock.
Nutrien |
Nutrien Company Retained Earnings Analysis
Nutrien's Retained Earnings is a balance sheet account that refers to the portion of company income that is retained by the firm. In other words, it is a part of earnings that is not paid out as dividends or otherwise distributed to owners. Retained Earnings are calculated by adding net income to last period retained earnings and subtracting any dividends paid to owners.
More About Retained Earnings | All Equity Analysis
Retained Earnings | = | Beginning RE + Income | - | Dividends |
Current Nutrien Retained Earnings | 11.11 B |
Most of Nutrien's fundamental indicators, such as Retained Earnings, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Nutrien is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Retained Earnings shows how the firm utilizes its profits over time. In simple terms, investors can think of retained earnings as the amount of profit the company has reinvested in the business since its inceptions. However the methodology to make a decision over how much profit to retain is different between companies in different industries. For example, growing industries tend to retain more of their earnings than more matured industries as they need more assets investment to sustain their growth.
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Based on the latest financial disclosure, Nutrien has a Retained Earnings of 11.11 B. This is 42.2% lower than that of the Chemicals sector and significantly higher than that of the Materials industry. The retained earnings for all Canada stocks is 19.04% lower than that of the firm.
Nutrien Retained Earnings Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Nutrien's direct or indirect competition against its Retained Earnings to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Nutrien could also be used in its relative valuation, which is a method of valuing Nutrien by comparing valuation metrics of similar companies.Nutrien is currently under evaluation in retained earnings category among its peers.
Nutrien Fundamentals
| Return On Equity | 0.0282 | ||||
| Return On Asset | 0.031 | ||||
| Profit Margin | 0.03 % | ||||
| Operating Margin | 0.09 % | ||||
| Current Valuation | 52.05 B | ||||
| Shares Outstanding | 489.26 M | ||||
| Shares Owned By Insiders | 0.03 % | ||||
| Shares Owned By Institutions | 69.29 % | ||||
| Number Of Shares Shorted | 3.07 M | ||||
| Price To Earning | 82.74 X | ||||
| Price To Book | 1.00 X | ||||
| Price To Sales | 1.39 X | ||||
| Revenue | 25.97 B | ||||
| Gross Profit | 7.53 B | ||||
| EBITDA | 4.51 B | ||||
| Net Income | 674 M | ||||
| Cash And Equivalents | 126 M | ||||
| Cash Per Share | 1.32 X | ||||
| Total Debt | 2.57 B | ||||
| Debt To Equity | 0.44 % | ||||
| Current Ratio | 1.21 X | ||||
| Book Value Per Share | 49.71 X | ||||
| Cash Flow From Operations | 3.54 B | ||||
| Short Ratio | 1.43 X | ||||
| Earnings Per Share | 1.96 X | ||||
| Price To Earnings To Growth | 1.24 X | ||||
| Target Price | 80.65 | ||||
| Number Of Employees | 25.5 K | ||||
| Beta | 0.96 | ||||
| Market Capitalization | 35.1 B | ||||
| Total Asset | 51.84 B | ||||
| Retained Earnings | 11.11 B | ||||
| Working Capital | 1.75 B | ||||
| Annual Yield | 0.04 % | ||||
| Five Year Return | 3.12 % | ||||
| Net Asset | 51.84 B | ||||
| Last Dividend Paid | 2.16 |
About Nutrien Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Nutrien's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Nutrien using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Nutrien based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Nutrien
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Nutrien position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Nutrien will appreciate offsetting losses from the drop in the long position's value.Moving against Nutrien Stock
The ability to find closely correlated positions to Nutrien could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Nutrien when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Nutrien - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Nutrien to buy it.
The correlation of Nutrien is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Nutrien moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Nutrien moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Nutrien can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.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 closely tied 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 FinTech Suite module to use AI to screen and filter profitable investment opportunities.