Nutrien Short Term Investments vs Short Long Term Debt Total 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 Short Term Investments and its Short Long Term Debt Total 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.

Short Term Investments vs Short Long Term Debt Total

Short Term Investments vs Short Long Term Debt Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nutrien Short Term Investments account and Short Long Term Debt Total. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Nutrien's Short Term Investments and Short Long Term Debt Total is -0.47. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Short Long Term Debt Total in the same time period over historical financial statements of Nutrien, assuming nothing else is changed. The correlation between historical values of Nutrien's Short Term Investments and Short Long Term Debt Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of Nutrien are associated (or correlated) with its Short Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt Total has no effect on the direction of Short Term Investments i.e., Nutrien's Short Term Investments and Short Long Term Debt Total go up and down completely randomly.

Correlation Coefficient

-0.47
Relationship DirectionNegative 
Relationship StrengthVery Weak

Short Term Investments

Short Term Investments is an item under the current assets section of Nutrien balance sheet. It contains any investments Nutrien undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Nutrien can easily liquidate in the marketplace.

Short Long Term Debt Total

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

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