Nutrien Cash And Short Term Investments vs Net Debt Analysis

0NHS Stock

46.95 1.00 2.18%

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 Cash And Short Term Investments and its Net Debt accounts. Check out Trending Equities 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.

For more information on how to buy Nutrien Stock please use our How to Invest in Nutrien guide.

Cash And Short Term Investments vs Net Debt

Cash And Short Term Investments vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nutrien Cash And Short Term Investments account and Net Debt. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Nutrien's Cash And Short Term Investments and Net Debt is 0.51. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Net Debt in the same time period over historical financial statements of Nutrien, assuming nothing else is changed. The correlation between historical values of Nutrien's Cash And Short Term Investments and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Nutrien are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Cash And Short Term Investments i.e., Nutrien's Cash And Short Term Investments and Net Debt go up and down completely randomly.

Correlation Coefficient

0.51

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

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.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

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 Trending Equities 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.

For more information on how to buy Nutrien Stock please use our How to Invest in Nutrien guide.Selling General Administrative is likely to drop to about 476.9 M in 2024. Tax Provision is likely to gain to about (84.1 M) in 2024

	2021	2022	2023	2024 (projected)
Interest Expense	488M	492M	804.5M	844.7M
Depreciation And Amortization	1.9B	2.0B	2.2B	2.4B

Interest Expense Depreciation And Amortization

Nutrien fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Accounts Payable	Intangible Assets	Good Will	Current Deferred Revenue	Short Term Investments
Total Assets		0.99	0.86	0.97	1.0	0.95	0.97	0.82	0.66	1.0	0.8	0.66	0.96	0.86	0.97	0.98	0.79	-0.65	1.0	0.98	0.84	0.97	0.93	0.97	0.95	-0.45
Short Long Term Debt Total	0.99		0.81	0.96	0.98	0.96	0.99	0.82	0.61	0.99	0.82	0.61	0.95	0.81	0.99	0.96	0.8	-0.68	0.99	0.96	0.82	0.97	0.91	0.95	0.94	-0.47
Other Current Liab	0.86	0.81		0.81	0.89	0.78	0.74	0.61	0.87	0.85	0.58	0.87	0.79	0.9	0.8	0.84	0.65	-0.49	0.83	0.86	0.68	0.78	0.85	0.87	0.82	-0.36
Total Current Liabilities	0.97	0.96	0.81		0.96	0.89	0.95	0.8	0.57	0.95	0.76	0.57	1.0	0.81	0.91	1.0	0.78	-0.56	0.98	0.99	0.9	0.99	0.93	0.96	0.96	-0.33
Total Stockholder Equity	1.0	0.98	0.89	0.96		0.95	0.95	0.81	0.71	0.99	0.77	0.71	0.95	0.88	0.97	0.97	0.78	-0.64	0.99	0.98	0.83	0.96	0.93	0.97	0.94	-0.45
Property Plant And Equipment Net	0.95	0.96	0.78	0.89	0.95		0.96	0.9	0.57	0.97	0.79	0.57	0.87	0.74	0.97	0.89	0.76	-0.83	0.95	0.89	0.82	0.88	0.8	0.86	0.83	-0.65
Net Debt	0.97	0.99	0.74	0.95	0.95	0.96		0.83	0.51	0.98	0.81	0.51	0.95	0.76	0.97	0.95	0.8	-0.68	0.99	0.95	0.84	0.96	0.89	0.93	0.92	-0.48
Retained Earnings	0.82	0.82	0.61	0.8	0.81	0.9	0.83		0.42	0.82	0.72	0.43	0.79	0.47	0.8	0.77	0.6	-0.86	0.82	0.78	0.88	0.76	0.57	0.66	0.69	-0.66
Cash	0.66	0.61	0.87	0.57	0.71	0.57	0.51	0.42		0.66	0.49	1.0	0.55	0.77	0.63	0.61	0.43	-0.32	0.61	0.65	0.37	0.56	0.67	0.69	0.63	-0.27
Non Current Assets Total	1.0	0.99	0.85	0.95	0.99	0.97	0.98	0.82	0.66		0.8	0.66	0.94	0.85	0.99	0.96	0.77	-0.69	0.99	0.96	0.82	0.95	0.91	0.96	0.92	-0.5
Non Currrent Assets Other	0.8	0.82	0.58	0.76	0.77	0.79	0.81	0.72	0.49	0.8		0.5	0.76	0.63	0.83	0.75	0.61	-0.71	0.81	0.76	0.59	0.79	0.66	0.72	0.76	-0.59
Cash And Short Term Investments	0.66	0.61	0.87	0.57	0.71	0.57	0.51	0.43	1.0	0.66	0.5		0.55	0.77	0.64	0.61	0.43	-0.32	0.61	0.65	0.37	0.56	0.67	0.69	0.63	-0.27
Net Receivables	0.96	0.95	0.79	1.0	0.95	0.87	0.95	0.79	0.55	0.94	0.76	0.55		0.78	0.89	0.99	0.77	-0.54	0.97	0.99	0.9	0.99	0.92	0.95	0.97	-0.29
Common Stock Shares Outstanding	0.86	0.81	0.9	0.81	0.88	0.74	0.76	0.47	0.77	0.85	0.63	0.77	0.78		0.82	0.84	0.68	-0.38	0.83	0.84	0.57	0.8	0.91	0.91	0.84	-0.3
Non Current Liabilities Total	0.97	0.99	0.8	0.91	0.97	0.97	0.97	0.8	0.63	0.99	0.83	0.64	0.89	0.82		0.92	0.79	-0.72	0.98	0.92	0.74	0.92	0.88	0.93	0.89	-0.55
Inventory	0.98	0.96	0.84	1.0	0.97	0.89	0.95	0.77	0.61	0.96	0.75	0.61	0.99	0.84	0.92		0.79	-0.53	0.98	1.0	0.87	0.99	0.95	0.97	0.97	-0.3
Other Current Assets	0.79	0.8	0.65	0.78	0.78	0.76	0.8	0.6	0.43	0.77	0.61	0.43	0.77	0.68	0.79	0.79		-0.49	0.8	0.82	0.64	0.78	0.76	0.78	0.75	-0.32
Other Stockholder Equity	-0.65	-0.68	-0.49	-0.56	-0.64	-0.83	-0.68	-0.86	-0.32	-0.69	-0.71	-0.32	-0.54	-0.38	-0.72	-0.53	-0.49		-0.66	-0.55	-0.63	-0.52	-0.34	-0.45	-0.47	0.93
Total Liab	1.0	0.99	0.83	0.98	0.99	0.95	0.99	0.82	0.61	0.99	0.81	0.61	0.97	0.83	0.98	0.98	0.8	-0.66		0.98	0.84	0.98	0.93	0.96	0.95	-0.45
Total Current Assets	0.98	0.96	0.86	0.99	0.98	0.89	0.95	0.78	0.65	0.96	0.76	0.65	0.99	0.84	0.92	1.0	0.82	-0.55	0.98		0.86	0.99	0.95	0.97	0.97	-0.32
Short Term Debt	0.84	0.82	0.68	0.9	0.83	0.82	0.84	0.88	0.37	0.82	0.59	0.37	0.9	0.57	0.74	0.87	0.64	-0.63	0.84	0.86		0.85	0.71	0.76	0.81	-0.39
Accounts Payable	0.97	0.97	0.78	0.99	0.96	0.88	0.96	0.76	0.56	0.95	0.79	0.56	0.99	0.8	0.92	0.99	0.78	-0.52	0.98	0.99	0.85		0.95	0.97	0.97	-0.28
Intangible Assets	0.93	0.91	0.85	0.93	0.93	0.8	0.89	0.57	0.67	0.91	0.66	0.67	0.92	0.91	0.88	0.95	0.76	-0.34	0.93	0.95	0.71	0.95		0.99	0.94	-0.14
Good Will	0.97	0.95	0.87	0.96	0.97	0.86	0.93	0.66	0.69	0.96	0.72	0.69	0.95	0.91	0.93	0.97	0.78	-0.45	0.96	0.97	0.76	0.97	0.99		0.96	-0.25
Current Deferred Revenue	0.95	0.94	0.82	0.96	0.94	0.83	0.92	0.69	0.63	0.92	0.76	0.63	0.97	0.84	0.89	0.97	0.75	-0.47	0.95	0.97	0.81	0.97	0.94	0.96		-0.27
Short Term Investments	-0.45	-0.47	-0.36	-0.33	-0.45	-0.65	-0.48	-0.66	-0.27	-0.5	-0.59	-0.27	-0.29	-0.3	-0.55	-0.3	-0.32	0.93	-0.45	-0.32	-0.39	-0.28	-0.14	-0.25	-0.27

Click cells to compare fundamentals

Nutrien Account Relationship Matchups

Nutrien fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	46.8B	47.2B	50.0B	54.6B	52.7B	55.4B
Short Long Term Debt Total	11.1B	11.4B	10.8B	11.9B	12.6B	13.2B
Other Current Liab	1.7B	1.8B	2.2B	2.1B	1.9B	2.0B
Total Current Liabilities	9.1B	8.5B	12.4B	14.3B	12.1B	12.7B
Total Stockholder Equity	22.9B	22.4B	23.7B	25.8B	25.2B	26.4B
Property Plant And Equipment Net	20.3B	19.7B	20.0B	21.8B	22.5B	23.6B
Net Debt	10.4B	9.9B	10.3B	11.0B	11.6B	12.2B
Retained Earnings	7.1B	6.6B	8.2B	11.9B	11.5B	12.1B
Cash	671M	1.5B	499M	901M	936.2M	983.0M
Non Current Assets Total	36.1B	35.7B	36.1B	38.2B	38.6B	40.5B
Non Currrent Assets Other	315M	672M	567M	521M	580.2M	463.2M
Cash And Short Term Investments	671M	1.5B	499M	901M	941M	988.1M
Net Receivables	3.5B	3.6B	5.4B	6.2B	5.4B	5.6B
Common Stock Shares Outstanding	583.1M	569.7M	571.3M	540.0M	497.0M	420.7M
Liabilities And Stockholders Equity	46.8B	47.2B	50.0B	54.6B	52.7B	55.4B
Non Current Liabilities Total	14.8B	16.3B	13.8B	14.4B	15.4B	16.2B
Inventory	5.0B	4.9B	6.3B	7.6B	6.3B	6.7B
Other Current Assets	1.5B	1.5B	1.7B	1.6B	1.5B	1.6B
Other Stockholder Equity	248M	205M	149M	109M	83M	78.9M
Total Liab	23.9B	24.8B	26.3B	28.7B	27.5B	28.9B
Total Current Assets	10.7B	11.5B	13.8B	16.3B	14.2B	14.9B
Short Term Debt	1.7B	422M	2.4B	3.0B	2.7B	2.8B
Accounts Payable	4.0B	4.4B	5.2B	5.8B	5.5B	5.8B
Intangible Assets	2.4B	2.4B	2.3B	2.3B	2.2B	2.3B
Accumulated Other Comprehensive Income	(251M)	(119M)	(146M)	(391M)	(296M)	(281.2M)
Good Will	12.0B	12.2B	12.2B	12.4B	12.1B	12.7B
Current Deferred Revenue	1.7B	1.8B	2.1B	2.3B	2.1B	2.2B
Other Assets	564M	914M	1.0	969M	72.5M	68.9M
Common Stock	15.8B	15.7B	15.5B	14.2B	13.8B	9.3B
Other Liab	5.4B	5.4B	5.4B	5.5B	6.3B	5.5B
Net Tangible Assets	8.5B	7.8B	9.1B	11.2B	12.8B	10.2B
Property Plant Equipment	20.3B	19.7B	20.0B	21.8B	25.0B	20.8B

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

ESRT	Empire State Realty
C	Citigroup
C	Citigroup

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Nutrien Cash And Short Term Investments vs Net Debt Analysis

Cash And Short Term Investments vs Net Debt

Cash And Short Term Investments vs Net Debt Correlation Analysis

Correlation Coefficient

Cash And Short Term Investments

Net Debt

Nutrien fundamental ratios Correlations

Nutrien Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Nutrien fundamental ratios Accounts

Also Currently Popular

Additional Tools for Nutrien Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Net Receivables	+ 1.0	Total Current Liabilities
Inventory	+ 1.0	Total Current Liabilities
Cash And Short Term Investments	+ 1.0	Cash

Other Stockholder Equity	- 0.86	Retained Earnings
Other Stockholder Equity	- 0.83	Property Plant And Equipment Net
Other Stockholder Equity	- 0.72	Non Current Liabilities Total
Other Stockholder Equity	- 0.71	Non Currrent Assets Other
Other Stockholder Equity	- 0.69	Non Current Assets Total
Other Stockholder Equity	- 0.68	Net Debt