Nutrien Free Cash Flow vs Change To Account Receivables Analysis

NTR Stock  USD 46.38  0.51  1.09%   
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 Free Cash Flow and its Change To Account Receivables 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 closely tied with the direction of predictive economic indicators such as signals in estimate.
To learn how to invest in Nutrien Stock, please use our How to Invest in Nutrien guide.

Free Cash Flow vs Change To Account Receivables

Free Cash Flow vs Change To Account Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nutrien Free Cash Flow account and Change To Account Receivables. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Nutrien's Free Cash Flow and Change To Account Receivables is -0.29. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Change To Account Receivables in the same time period over historical financial statements of Nutrien, assuming nothing else is changed. The correlation between historical values of Nutrien's Free Cash Flow and Change To Account Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow of Nutrien are associated (or correlated) with its Change To Account Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Account Receivables has no effect on the direction of Free Cash Flow i.e., Nutrien's Free Cash Flow and Change To Account Receivables go up and down completely randomly.

Correlation Coefficient

-0.29
Relationship DirectionNegative 
Relationship StrengthInsignificant

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Change To Account Receivables

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 closely tied with the direction of predictive economic indicators such as signals in estimate.
To learn how to invest in Nutrien Stock, please use our How to Invest in Nutrien guide.At this time, Nutrien's Discontinued Operations is relatively stable compared to the past year. As of 12/17/2024, Sales General And Administrative To Revenue is likely to grow to 0.03, while Selling General Administrative is likely to drop slightly above 327.1 M.
 2021 2022 2023 2024 (projected)
Interest Expense488M492M804.5M844.7M
Depreciation And Amortization1.9B2.0B2.2B2.4B

Nutrien fundamental ratios Correlations

0.990.970.971.00.950.970.820.661.00.80.660.960.860.970.980.97-0.491.00.980.840.970.930.920.50.97
0.990.940.960.980.960.990.820.610.990.810.610.950.810.990.960.96-0.470.990.960.820.960.910.930.450.98
0.970.940.950.980.910.920.750.690.970.740.690.930.890.930.960.96-0.580.960.960.80.950.940.90.570.92
0.970.960.950.960.890.950.80.570.950.760.571.00.810.911.00.97-0.440.980.990.90.990.930.880.50.9
1.00.980.980.960.950.950.810.710.990.770.710.950.880.970.970.96-0.50.990.980.830.960.930.910.50.96
0.950.960.910.890.950.960.90.570.970.790.570.880.740.970.890.87-0.60.950.890.820.880.80.930.410.94
0.970.990.920.950.950.960.830.510.980.810.510.950.760.970.950.95-0.470.990.950.840.960.890.930.440.96
0.820.820.750.80.810.90.830.420.820.720.430.810.470.80.770.68-0.550.820.780.880.770.570.770.170.75
0.660.610.690.570.710.570.510.420.660.491.00.550.770.630.610.61-0.240.610.650.370.560.670.540.380.68
1.00.990.970.950.990.970.980.820.660.80.660.940.850.990.960.96-0.510.990.960.820.950.910.930.490.98
0.80.810.740.760.770.790.810.720.490.80.50.770.630.830.750.76-0.330.810.760.580.780.660.690.50.82
0.660.610.690.570.710.570.510.431.00.660.50.550.770.640.610.61-0.240.610.650.370.560.670.540.380.68
0.960.950.931.00.950.880.950.810.550.940.770.550.770.890.990.96-0.40.970.980.90.990.910.850.460.89
0.860.810.890.810.880.740.760.470.770.850.630.770.770.820.840.88-0.350.830.840.570.80.910.750.720.84
0.970.990.930.910.970.970.970.80.630.990.830.640.890.820.920.93-0.510.980.920.740.920.880.940.490.99
0.980.960.961.00.970.890.950.770.610.960.750.610.990.840.920.98-0.450.981.00.870.990.950.890.530.92
0.970.960.960.970.960.870.950.680.610.960.760.610.960.880.930.98-0.430.970.980.780.990.980.880.570.94
-0.49-0.47-0.58-0.44-0.5-0.6-0.47-0.55-0.24-0.51-0.33-0.24-0.4-0.35-0.51-0.45-0.43-0.48-0.44-0.41-0.45-0.39-0.55-0.26-0.45
1.00.990.960.980.990.950.990.820.610.990.810.610.970.830.980.980.97-0.480.980.840.980.930.930.510.97
0.980.960.960.990.980.890.950.780.650.960.760.650.980.840.921.00.98-0.440.980.860.990.950.890.520.93
0.840.820.80.90.830.820.840.880.370.820.580.370.90.570.740.870.78-0.410.840.860.840.710.750.220.7
0.970.960.950.990.960.880.960.770.560.950.780.560.990.80.920.990.99-0.450.980.990.840.950.880.490.92
0.930.910.940.930.930.80.890.570.670.910.660.670.910.910.880.950.98-0.390.930.950.710.950.850.560.91
0.920.930.90.880.910.930.930.770.540.930.690.540.850.750.940.890.88-0.550.930.890.750.880.850.420.93
0.50.450.570.50.50.410.440.170.380.490.50.380.460.720.490.530.57-0.260.510.520.220.490.560.420.49
0.970.980.920.90.960.940.960.750.680.980.820.680.890.840.990.920.94-0.450.970.930.70.920.910.930.49
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 Other315M672M567M521M576.4M463.1M
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)
Other Liab5.4B5.4B5.4B5.5B6.3B6.6B
Other Assets564M914M829M969M1.00.95
Long Term Debt8.6B10.0B7.5B8.0B8.9B9.4B
Good Will12.0B12.2B12.2B12.4B12.1B12.7B
Common Stock15.8B15.7B15.5B14.2B13.8B14.5B
Property Plant Equipment20.3B19.7B20.0B21.8B25.0B26.3B
Current Deferred Revenue1.7B1.8B2.1B2.3B2.1B2.2B
Common Stock Total Equity1.8B16.7B15.8B15.7B18.0B18.9B
Net Tangible Assets8.5B7.8B9.1B11.2B12.8B9.9B
Long Term Investments821M562M703M843M736M1.1B
Short Long Term Debt1.5B173M2.1B2.7B2.3B1.5B
Non Current Liabilities Other161M209M207M235M200M176.8M

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

  0.61AVD American VanguardPairCorr
  0.31LVRO Lavoro Limited ClassPairCorr
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.
Pair CorrelationCorrelation Matching

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.