Nutrien Operating Income vs Ebit Analysis

NTR Stock

USD 46.66 0.57 1.24%

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 Operating Income and its Ebit 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.

Operating Income vs Ebit

Operating Income vs Ebit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nutrien Operating Income account and Ebit. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Nutrien's Operating Income and Ebit is 0.95. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Ebit in the same time period over historical financial statements of Nutrien, assuming nothing else is changed. The correlation between historical values of Nutrien's Operating Income and Ebit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Nutrien are associated (or correlated) with its Ebit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit has no effect on the direction of Operating Income i.e., Nutrien's Operating Income and Ebit go up and down completely randomly.

Correlation Coefficient

0.95

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Operating Income

Operating Income is the amount of profit realized from Nutrien operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Nutrien is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Ebit

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 11/30/2024, 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 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	Other Liab	Other Assets	Long Term Debt
Total Assets		0.99	0.97	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	0.97	-0.49	1.0	0.98	0.84	0.97	0.93	0.92	0.5	0.97
Short Long Term Debt Total	0.99		0.94	0.96	0.98	0.96	0.99	0.82	0.61	0.99	0.81	0.61	0.95	0.81	0.99	0.96	0.96	-0.47	0.99	0.96	0.82	0.96	0.91	0.93	0.45	0.98
Other Current Liab	0.97	0.94		0.95	0.98	0.91	0.92	0.75	0.69	0.97	0.74	0.69	0.93	0.89	0.93	0.96	0.96	-0.58	0.96	0.96	0.8	0.95	0.94	0.9	0.57	0.92
Total Current Liabilities	0.97	0.96	0.95		0.96	0.89	0.95	0.8	0.57	0.95	0.76	0.57	1.0	0.81	0.91	1.0	0.97	-0.44	0.98	0.99	0.9	0.99	0.93	0.88	0.5	0.9
Total Stockholder Equity	1.0	0.98	0.98	0.96		0.95	0.95	0.81	0.71	0.99	0.77	0.71	0.95	0.88	0.97	0.97	0.96	-0.5	0.99	0.98	0.83	0.96	0.93	0.91	0.5	0.96
Property Plant And Equipment Net	0.95	0.96	0.91	0.89	0.95		0.96	0.9	0.57	0.97	0.79	0.57	0.88	0.74	0.97	0.89	0.87	-0.6	0.95	0.89	0.82	0.88	0.8	0.93	0.41	0.94
Net Debt	0.97	0.99	0.92	0.95	0.95	0.96		0.83	0.51	0.98	0.81	0.51	0.95	0.76	0.97	0.95	0.95	-0.47	0.99	0.95	0.84	0.96	0.89	0.93	0.44	0.96
Retained Earnings	0.82	0.82	0.75	0.8	0.81	0.9	0.83		0.42	0.82	0.72	0.43	0.81	0.47	0.8	0.77	0.68	-0.55	0.82	0.78	0.88	0.77	0.57	0.77	0.17	0.75
Cash	0.66	0.61	0.69	0.57	0.71	0.57	0.51	0.42		0.66	0.49	1.0	0.55	0.77	0.63	0.61	0.61	-0.24	0.61	0.65	0.37	0.56	0.67	0.54	0.38	0.68
Non Current Assets Total	1.0	0.99	0.97	0.95	0.99	0.97	0.98	0.82	0.66		0.8	0.66	0.94	0.85	0.99	0.96	0.96	-0.51	0.99	0.96	0.82	0.95	0.91	0.93	0.49	0.98
Non Currrent Assets Other	0.8	0.81	0.74	0.76	0.77	0.79	0.81	0.72	0.49	0.8		0.5	0.77	0.63	0.83	0.75	0.76	-0.33	0.81	0.76	0.58	0.78	0.66	0.69	0.5	0.82
Cash And Short Term Investments	0.66	0.61	0.69	0.57	0.71	0.57	0.51	0.43	1.0	0.66	0.5		0.55	0.77	0.64	0.61	0.61	-0.24	0.61	0.65	0.37	0.56	0.67	0.54	0.38	0.68
Net Receivables	0.96	0.95	0.93	1.0	0.95	0.88	0.95	0.81	0.55	0.94	0.77	0.55		0.77	0.89	0.99	0.96	-0.4	0.97	0.98	0.9	0.99	0.91	0.85	0.46	0.89
Common Stock Shares Outstanding	0.86	0.81	0.89	0.81	0.88	0.74	0.76	0.47	0.77	0.85	0.63	0.77	0.77		0.82	0.84	0.88	-0.35	0.83	0.84	0.57	0.8	0.91	0.75	0.72	0.84
Non Current Liabilities Total	0.97	0.99	0.93	0.91	0.97	0.97	0.97	0.8	0.63	0.99	0.83	0.64	0.89	0.82		0.92	0.93	-0.51	0.98	0.92	0.74	0.92	0.88	0.94	0.49	0.99
Inventory	0.98	0.96	0.96	1.0	0.97	0.89	0.95	0.77	0.61	0.96	0.75	0.61	0.99	0.84	0.92		0.98	-0.45	0.98	1.0	0.87	0.99	0.95	0.89	0.53	0.92
Other Current Assets	0.97	0.96	0.96	0.97	0.96	0.87	0.95	0.68	0.61	0.96	0.76	0.61	0.96	0.88	0.93	0.98		-0.43	0.97	0.98	0.78	0.99	0.98	0.88	0.57	0.94
Other Stockholder Equity	-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
Total Liab	1.0	0.99	0.96	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	0.97	-0.48		0.98	0.84	0.98	0.93	0.93	0.51	0.97
Total Current Assets	0.98	0.96	0.96	0.99	0.98	0.89	0.95	0.78	0.65	0.96	0.76	0.65	0.98	0.84	0.92	1.0	0.98	-0.44	0.98		0.86	0.99	0.95	0.89	0.52	0.93
Short Term Debt	0.84	0.82	0.8	0.9	0.83	0.82	0.84	0.88	0.37	0.82	0.58	0.37	0.9	0.57	0.74	0.87	0.78	-0.41	0.84	0.86		0.84	0.71	0.75	0.22	0.7
Accounts Payable	0.97	0.96	0.95	0.99	0.96	0.88	0.96	0.77	0.56	0.95	0.78	0.56	0.99	0.8	0.92	0.99	0.99	-0.45	0.98	0.99	0.84		0.95	0.88	0.49	0.92
Intangible Assets	0.93	0.91	0.94	0.93	0.93	0.8	0.89	0.57	0.67	0.91	0.66	0.67	0.91	0.91	0.88	0.95	0.98	-0.39	0.93	0.95	0.71	0.95		0.85	0.56	0.91
Other Liab	0.92	0.93	0.9	0.88	0.91	0.93	0.93	0.77	0.54	0.93	0.69	0.54	0.85	0.75	0.94	0.89	0.88	-0.55	0.93	0.89	0.75	0.88	0.85		0.42	0.93
Other Assets	0.5	0.45	0.57	0.5	0.5	0.41	0.44	0.17	0.38	0.49	0.5	0.38	0.46	0.72	0.49	0.53	0.57	-0.26	0.51	0.52	0.22	0.49	0.56	0.42		0.49
Long Term Debt	0.97	0.98	0.92	0.9	0.96	0.94	0.96	0.75	0.68	0.98	0.82	0.68	0.89	0.84	0.99	0.92	0.94	-0.45	0.97	0.93	0.7	0.92	0.91	0.93	0.49

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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	576.4M	463.1M
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)
Other Liab	5.4B	5.4B	5.4B	5.5B	6.3B	6.6B
Other Assets	564M	914M	829M	969M	1.0	0.95
Long Term Debt	8.6B	10.0B	7.5B	8.0B	8.9B	9.4B
Good Will	12.0B	12.2B	12.2B	12.4B	12.1B	12.7B
Common Stock	15.8B	15.7B	15.5B	14.2B	13.8B	14.5B
Property Plant Equipment	20.3B	19.7B	20.0B	21.8B	25.0B	26.3B
Current Deferred Revenue	1.7B	1.8B	2.1B	2.3B	2.1B	2.2B
Common Stock Total Equity	1.8B	16.7B	15.8B	15.7B	18.0B	18.9B
Net Tangible Assets	8.5B	7.8B	9.1B	11.2B	12.8B	9.9B
Long Term Investments	821M	562M	703M	843M	736M	1.1B
Short Long Term Debt	1.5B	173M	2.1B	2.7B	2.3B	1.5B
Non Current Liabilities Other	161M	209M	207M	235M	200M	176.8M

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

0.78	AVD	American Vanguard	Pair Corr
0.47	LVRO	Lavoro Limited Class	Pair Corr

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 Correlation Correlation 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.

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