Nutrien Long Term Debt vs Property Plant And Equipment Net Analysis

NTR Stock  USD 46.96  0.09  0.19%   
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 Long Term Debt and its Property Plant And Equipment Net 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.

Long Term Debt vs Property Plant And Equipment Net

Long Term Debt vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nutrien Long Term Debt account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Nutrien's Long Term Debt and Property Plant And Equipment Net is 0.94. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Nutrien, assuming nothing else is changed. The correlation between historical values of Nutrien's Long Term Debt and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Nutrien are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Long Term Debt i.e., Nutrien's Long Term Debt and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.94
Relationship DirectionPositive 
Relationship StrengthVery Strong

Long Term Debt

Long-term debt is a debt that Nutrien has held for over one year. Long-term debt appears on Nutrien balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Nutrien balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
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 Selling General Administrative is relatively stable compared to the past year. As of 11/22/2024, Discontinued Operations is likely to grow to about 4.4 B, while Issuance Of Capital Stock is likely to drop slightly above 30.4 M.
 2021 2022 2023 2024 (projected)
Interest Expense488M492M876.8M920.6M
Depreciation And Amortization1.9B2.0B2.2B2.3B

Nutrien fundamental ratios Correlations

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0.970.990.930.910.970.970.970.80.630.990.790.630.890.820.920.93-0.510.980.920.740.920.880.940.490.99
0.980.960.961.00.970.890.950.770.610.960.750.610.990.840.920.98-0.440.981.00.860.990.950.890.530.92
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-0.49-0.47-0.58-0.44-0.5-0.6-0.47-0.55-0.24-0.51-0.35-0.24-0.4-0.35-0.51-0.44-0.43-0.48-0.44-0.41-0.45-0.39-0.55-0.26-0.45
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0.840.820.80.90.830.820.840.880.370.820.710.370.90.570.740.860.78-0.410.840.860.840.710.750.220.7
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0.930.910.940.930.930.80.890.570.670.910.640.670.910.910.880.950.98-0.390.930.950.710.950.850.560.91
0.920.930.90.880.910.930.930.770.540.930.740.540.850.750.940.890.88-0.550.930.890.750.880.850.420.93
0.510.450.570.50.50.420.440.170.380.490.030.380.460.720.490.530.57-0.260.510.520.220.490.560.420.49
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Click cells to compare fundamentals

Nutrien Account Relationship Matchups

Nutrien fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets46.8B47.2B50.0B54.6B52.5B55.1B
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 Net20.3B19.7B20.0B21.8B22.3B23.5B
Net Debt10.4B9.9B10.3B11.0B11.6B12.2B
Retained Earnings7.1B6.6B8.2B11.9B11.5B12.1B
Cash671M1.5B499M901M936.2M983.0M
Non Current Assets Total36.1B35.7B36.1B38.2B38.4B40.3B
Non Currrent Assets Other315M672M567M521M972.3M1.0B
Cash And Short Term Investments671M1.5B499M901M936.2M983.0M
Net Receivables3.5B3.6B5.4B6.2B5.4B5.6B
Common Stock Shares Outstanding583.1M569.7M571.3M540.0M497.0M420.7M
Liabilities And Stockholders Equity46.8B47.2B50.0B54.6B52.5B55.1B
Non Current Liabilities Total14.8B16.3B13.8B14.4B15.4B16.2B
Inventory5.0B4.9B6.3B7.6B6.3B6.6B
Other Current Assets1.5B1.5B1.7B1.6B1.5B1.6B
Other Stockholder Equity248M205M149M109M83M78.9M
Total Liab23.9B24.8B26.3B28.7B27.5B28.9B
Total Current Assets10.7B11.5B13.8B16.3B14.1B14.8B
Short Term Debt1.7B422M2.4B3.0B2.7B2.8B
Accounts Payable4.0B4.4B5.2B5.8B5.4B5.7B
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

  0.75AVD American VanguardPairCorr
  0.41LVRO Lavoro Limited ClassPairCorr
  0.32NITO N2OFF Inc Symbol ChangePairCorr
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.