Nutrien Total Operating Expenses vs Interest Income Analysis

NTR Stock  CAD 75.82  0.01  0.01%   
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 Total Operating Expenses and its Interest Income 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 board of governors.
To learn how to invest in Nutrien Stock, please use our How to Invest in Nutrien guide.

Total Operating Expenses vs Interest Income

Total Operating Expenses vs Interest Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nutrien Total Operating Expenses account and Interest Income. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Nutrien's Total Operating Expenses and Interest Income is 0.45. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Interest Income in the same time period over historical financial statements of Nutrien, assuming nothing else is changed. The correlation between historical values of Nutrien's Total Operating Expenses and Interest Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Operating Expenses of Nutrien are associated (or correlated) with its Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Income has no effect on the direction of Total Operating Expenses i.e., Nutrien's Total Operating Expenses and Interest Income go up and down completely randomly.

Correlation Coefficient

0.45
Relationship DirectionPositive 
Relationship StrengthWeak

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.
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 board of governors.
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 very stable compared to the past year. As of the 1st of March 2025, Discontinued Operations is likely to grow to about 4.4 B, while Tax Provision is likely to drop about 608.7 M.
 2022 2023 2024 2025 (projected)
Gross Profit15.4B8.5B9.7B10.2B
Total Revenue37.9B28.1B32.3B33.9B

Nutrien fundamental ratios Correlations

0.960.990.981.00.960.980.860.681.00.810.680.960.830.980.980.88-0.541.00.920.990.870.960.980.940.97
0.960.920.930.950.960.970.850.580.960.830.580.890.750.970.930.97-0.550.960.910.940.830.910.930.870.91
0.990.920.980.980.910.950.790.690.970.760.690.970.870.950.990.86-0.480.980.890.990.850.970.980.970.99
0.980.930.980.970.910.960.840.60.960.80.60.990.80.931.00.87-0.480.980.950.990.920.970.990.940.96
1.00.950.980.970.960.960.850.720.990.80.720.950.850.970.980.87-0.540.990.90.980.860.950.960.940.97
0.960.960.910.910.960.970.920.60.970.830.60.880.720.980.910.87-0.650.960.920.910.860.870.910.830.88
0.980.970.950.960.960.970.870.540.980.860.540.930.750.980.960.91-0.520.990.940.960.870.940.970.90.94
0.860.850.790.840.850.920.870.470.860.870.470.820.490.840.820.77-0.60.860.940.820.910.760.820.650.72
0.680.580.690.60.720.60.540.470.680.451.00.580.760.650.640.49-0.290.640.440.670.430.650.590.690.71
1.00.960.970.960.990.970.980.860.680.820.680.930.830.990.970.87-0.560.990.910.970.860.940.960.920.96
0.810.830.760.80.80.830.860.870.450.820.450.770.440.820.780.77-0.40.830.90.790.790.780.830.680.73
0.680.580.690.60.720.60.540.471.00.680.450.580.760.650.640.49-0.290.640.440.670.430.650.590.690.71
0.960.890.970.990.950.880.930.820.580.930.770.580.780.890.990.84-0.440.960.940.980.920.960.980.910.94
0.830.750.870.80.850.720.750.490.760.830.440.760.780.80.830.68-0.390.810.60.830.590.830.790.890.89
0.980.970.950.930.970.980.980.840.650.990.820.650.890.80.930.89-0.570.980.880.940.80.920.940.90.94
0.980.930.991.00.980.910.960.820.640.970.780.640.990.830.930.88-0.480.980.921.00.890.970.990.960.98
0.880.970.860.870.870.870.910.770.490.870.770.490.840.680.890.88-0.510.90.840.890.760.840.890.840.86
-0.54-0.55-0.48-0.48-0.54-0.65-0.52-0.6-0.29-0.56-0.4-0.29-0.44-0.39-0.57-0.48-0.51-0.53-0.53-0.48-0.46-0.3-0.46-0.42-0.46
1.00.960.980.980.990.960.990.860.640.990.830.640.960.810.980.980.9-0.530.930.980.880.960.980.930.97
0.920.910.890.950.90.920.940.940.440.910.90.440.940.60.880.920.84-0.530.930.920.950.880.940.80.85
0.990.940.990.990.980.910.960.820.670.970.790.670.980.830.941.00.89-0.480.980.920.880.970.990.950.98
0.870.830.850.920.860.860.870.910.430.860.790.430.920.590.80.890.76-0.460.880.950.880.850.880.750.8
0.960.910.970.970.950.870.940.760.650.940.780.650.960.830.920.970.84-0.30.960.880.970.850.970.940.96
0.980.930.980.990.960.910.970.820.590.960.830.590.980.790.940.990.89-0.460.980.940.990.880.970.950.97
0.940.870.970.940.940.830.90.650.690.920.680.690.910.890.90.960.84-0.420.930.80.950.750.940.950.99
0.970.910.990.960.970.880.940.720.710.960.730.710.940.890.940.980.86-0.460.970.850.980.80.960.970.99
Click cells to compare fundamentals

Nutrien Account Relationship Matchups

Nutrien fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets47.2B50.0B54.6B52.7B60.7B63.7B
Short Long Term Debt Total11.4B10.8B11.9B12.6B14.5B15.2B
Other Current Liab3.6B4.3B4.4B3.9B4.5B4.7B
Total Current Liabilities8.5B12.4B14.3B12.1B13.9B14.6B
Total Stockholder Equity22.4B23.7B25.8B25.2B28.9B30.4B
Property Plant And Equipment Net19.7B20.0B21.8B22.5B25.8B27.1B
Net Debt9.9B10.3B11.0B11.6B13.4B14.0B
Retained Earnings6.6B8.2B11.9B11.5B13.3B13.9B
Cash1.5B499M901M941M1.1B1.1B
Non Current Assets Total35.7B36.1B38.2B38.6B44.4B46.6B
Non Currrent Assets Other672M567M521M1.1B1.2B1.3B
Cash And Short Term Investments1.5B499M901M941M1.1B1.1B
Net Receivables3.0B5.4B6.2B4.7B5.4B5.6B
Common Stock Shares Outstanding569.7M571.3M540.0M496.4M570.8M420.7M
Liabilities And Stockholders Equity47.2B50.0B54.6B52.7B60.7B63.7B
Non Current Liabilities Total16.3B13.8B14.4B15.4B17.7B18.6B
Inventory4.9B6.3B7.6B6.3B7.3B7.7B
Other Current Assets2.1B1.7B2.2B2.2B2.6B2.7B
Other Stockholder Equity205M149M109M83M74.7M71.0M
Total Liab24.8B26.3B28.7B27.5B31.7B33.3B
Property Plant And Equipment Gross19.7B34.8B37.2B39.3B45.2B47.5B
Total Current Assets11.5B13.8B16.3B14.2B16.3B17.1B
Accumulated Other Comprehensive Income(119M)(146M)(391M)(296M)(340.4M)(323.4M)
Short Term Debt422M2.4B3.0B2.7B3.1B3.2B
Current Deferred Revenue1.8B2.1B2.3B2.1B2.4B2.5B
Accounts Payable4.4B5.2B5.8B5.5B6.3B6.6B
Intangible Assets2.4B2.3B2.3B2.2B2.5B2.7B
Good Will12.2B12.2B12.4B12.1B13.9B14.6B
Common Stock15.7B15.5B14.2B13.8B15.9B9.3B
Other Liab5.4B5.4B5.4B5.5B6.3B4.9B
Net Tangible Assets8.5B7.8B9.1B11.2B12.8B9.9B
Other Assets564M914M829M811M932.7M556.3M
Long Term Debt10.0B7.5B8.0B8.9B10.2B6.8B
Long Term Investments562M703M843M736M662.4M1.1B
Short Long Term Debt173M2.1B2.7B2.3B2.1B1.5B
Property Plant Equipment20.3B19.7B20.0B21.8B25.0B18.1B
Non Current Liabilities Other209M207M235M200M230M176.8M

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 together with Nutrien Stock

  0.71FDR Flinders ResourcesPairCorr
  0.62ORE Orezone Gold CorpPairCorr

Moving against Nutrien Stock

  0.77IE Ivanhoe EnergyPairCorr
  0.73EBM Eastwood Bio MedicalPairCorr
  0.71INFM Infinico Metals CorpPairCorr
  0.7NG NovaGold ResourcesPairCorr
  0.6DFR Diamond Fields ResourcesPairCorr
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
When determining whether Nutrien is a strong investment it is important to analyze Nutrien's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Nutrien's future performance. For an informed investment choice regarding Nutrien Stock, refer to the following important reports:
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 board of governors.
To learn how to invest in Nutrien Stock, please use our How to Invest in Nutrien guide.
You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Please note, there is a significant difference between Nutrien's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nutrien is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nutrien's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.