Nutrien Non Current Assets Total vs Intangible Assets 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 Non Current Assets Total and its Intangible Assets 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.

Non Current Assets Total vs Intangible Assets

Non Current Assets Total vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nutrien Non Current Assets Total account and Intangible Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Nutrien's Non Current Assets Total and Intangible Assets is 0.91. Overlapping area represents the amount of variation of Non Current Assets Total 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 Non Current Assets Total 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 Non Current Assets Total 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 Non Current Assets Total i.e., Nutrien's Non Current Assets Total and Intangible Assets go up and down completely randomly.

Correlation Coefficient

0.91
Relationship DirectionPositive 
Relationship StrengthVery Strong

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

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 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 Expense488M492M804.5M844.7M
Depreciation And Amortization1.9B2.0B2.2B2.4B

Nutrien fundamental ratios Correlations

0.990.860.971.00.950.970.820.661.00.80.660.960.860.970.980.79-0.651.00.980.840.970.930.970.95-0.45
0.990.810.960.980.960.990.820.610.990.820.610.950.810.990.960.8-0.680.990.960.820.970.910.950.94-0.47
0.860.810.810.890.780.740.610.870.850.580.870.790.90.80.840.65-0.490.830.860.680.780.850.870.82-0.36
0.970.960.810.960.890.950.80.570.950.760.571.00.810.911.00.78-0.560.980.990.90.990.930.960.96-0.33
1.00.980.890.960.950.950.810.710.990.770.710.950.880.970.970.78-0.640.990.980.830.960.930.970.94-0.45
0.950.960.780.890.950.960.90.570.970.790.570.870.740.970.890.76-0.830.950.890.820.880.80.860.83-0.65
0.970.990.740.950.950.960.830.510.980.810.510.950.760.970.950.8-0.680.990.950.840.960.890.930.92-0.48
0.820.820.610.80.810.90.830.420.820.720.430.790.470.80.770.6-0.860.820.780.880.760.570.660.69-0.66
0.660.610.870.570.710.570.510.420.660.491.00.550.770.630.610.43-0.320.610.650.370.560.670.690.63-0.27
1.00.990.850.950.990.970.980.820.660.80.660.940.850.990.960.77-0.690.990.960.820.950.910.960.92-0.5
0.80.820.580.760.770.790.810.720.490.80.50.760.630.830.750.61-0.710.810.760.590.790.660.720.76-0.59
0.660.610.870.570.710.570.510.431.00.660.50.550.770.640.610.43-0.320.610.650.370.560.670.690.63-0.27
0.960.950.791.00.950.870.950.790.550.940.760.550.780.890.990.77-0.540.970.990.90.990.920.950.97-0.29
0.860.810.90.810.880.740.760.470.770.850.630.770.780.820.840.68-0.380.830.840.570.80.910.910.84-0.3
0.970.990.80.910.970.970.970.80.630.990.830.640.890.820.920.79-0.720.980.920.740.920.880.930.89-0.55
0.980.960.841.00.970.890.950.770.610.960.750.610.990.840.920.79-0.530.981.00.870.990.950.970.97-0.3
0.790.80.650.780.780.760.80.60.430.770.610.430.770.680.790.79-0.490.80.820.640.780.760.780.75-0.32
-0.65-0.68-0.49-0.56-0.64-0.83-0.68-0.86-0.32-0.69-0.71-0.32-0.54-0.38-0.72-0.53-0.49-0.66-0.55-0.63-0.52-0.34-0.45-0.470.93
1.00.990.830.980.990.950.990.820.610.990.810.610.970.830.980.980.8-0.660.980.840.980.930.960.95-0.45
0.980.960.860.990.980.890.950.780.650.960.760.650.990.840.921.00.82-0.550.980.860.990.950.970.97-0.32
0.840.820.680.90.830.820.840.880.370.820.590.370.90.570.740.870.64-0.630.840.860.850.710.760.81-0.39
0.970.970.780.990.960.880.960.760.560.950.790.560.990.80.920.990.78-0.520.980.990.850.950.970.97-0.28
0.930.910.850.930.930.80.890.570.670.910.660.670.920.910.880.950.76-0.340.930.950.710.950.990.94-0.14
0.970.950.870.960.970.860.930.660.690.960.720.690.950.910.930.970.78-0.450.960.970.760.970.990.96-0.25
0.950.940.820.960.940.830.920.690.630.920.760.630.970.840.890.970.75-0.470.950.970.810.970.940.96-0.27
-0.45-0.47-0.36-0.33-0.45-0.65-0.48-0.66-0.27-0.5-0.59-0.27-0.29-0.3-0.55-0.3-0.320.93-0.45-0.32-0.39-0.28-0.14-0.25-0.27
Click cells to compare fundamentals

Nutrien Account Relationship Matchups

Nutrien fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets46.8B47.2B50.0B54.6B52.7B55.4B
Short Long Term Debt Total11.1B11.4B10.8B11.9B12.6B13.2B
Other Current Liab1.7B1.8B2.2B2.1B1.9B2.0B
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 Debt10.4B9.9B10.3B11.0B11.6B12.2B
Retained Earnings7.1B6.6B8.2B11.9B11.5B12.1B
Cash671M1.5B499M901M936.2M983.0M
Non Current Assets Total36.1B35.7B36.1B38.2B38.6B40.5B
Non Currrent Assets Other315M672M567M521M580.2M463.2M
Cash And Short Term Investments671M1.5B499M901M941M988.1M
Net Receivables3.5B3.6B5.4B6.2B5.4B5.6B
Common Stock Shares Outstanding583.1M569.7M571.3M540.0M497.0M420.7M
Liabilities And Stockholders Equity46.8B47.2B50.0B54.6B52.7B55.4B
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 Equity248M205M149M109M83M78.9M
Total Liab23.9B24.8B26.3B28.7B27.5B28.9B
Total Current Assets10.7B11.5B13.8B16.3B14.2B14.9B
Short Term Debt1.7B422M2.4B3.0B2.7B2.8B
Accounts Payable4.0B4.4B5.2B5.8B5.5B5.8B
Intangible Assets2.4B2.4B2.3B2.3B2.2B2.3B
Accumulated Other Comprehensive Income(251M)(119M)(146M)(391M)(296M)(281.2M)
Good Will12.0B12.2B12.2B12.4B12.1B12.7B
Current Deferred Revenue1.7B1.8B2.1B2.3B2.1B2.2B
Other Assets564M914M1.0969M72.5M68.9M
Common Stock15.8B15.7B15.5B14.2B13.8B9.3B
Other Liab5.4B5.4B5.4B5.5B6.3B5.5B
Net Tangible Assets8.5B7.8B9.1B11.2B12.8B10.2B
Property Plant Equipment20.3B19.7B20.0B21.8B25.0B20.8B

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.

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.