Nutrien Balance Sheet Health
Financial Health criteria checks 3/6
Nutrien has a total shareholder equity of $25.0B and total debt of $13.4B, which brings its debt-to-equity ratio to 53.4%. Its total assets and total liabilities are $51.9B and $26.9B respectively. Nutrien's EBIT is $2.6B making its interest coverage ratio 4.1. It has cash and short-term investments of $520.0M.
Key information
53.4%
Debt to equity ratio
US$13.36b
Debt
| Interest coverage ratio | 4.1x |
| Cash | US$520.00m |
| Equity | US$25.01b |
| Total liabilities | US$26.91b |
| Total assets | US$51.91b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: N7T's short term assets ($13.9B) exceed its short term liabilities ($11.0B).
Long Term Liabilities: N7T's short term assets ($13.9B) do not cover its long term liabilities ($15.9B).
Debt to Equity History and Analysis
Debt Level: N7T's net debt to equity ratio (51.4%) is considered high.
Reducing Debt: N7T's debt to equity ratio has increased from 49.2% to 53.4% over the past 5 years.
Debt Coverage: N7T's debt is well covered by operating cash flow (34.1%).
Interest Coverage: N7T's interest payments on its debt are well covered by EBIT (4.1x coverage).