Nutrien Balance Sheet Health
Financial Health criteria checks 3/6
Nutrien has a total shareholder equity of $25.2B and total debt of $11.2B, which brings its debt-to-equity ratio to 44.6%. Its total assets and total liabilities are $52.7B and $27.5B respectively. Nutrien's EBIT is $3.6B making its interest coverage ratio 5.1. It has cash and short-term investments of $941.0M.
Key information
44.6%
Debt to equity ratio
US$11.24b
Debt
Interest coverage ratio | 5.1x |
Cash | US$941.00m |
Equity | US$25.20b |
Total liabilities | US$27.55b |
Total assets | US$52.75b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: N7T's short term assets ($14.2B) exceed its short term liabilities ($12.1B).
Long Term Liabilities: N7T's short term assets ($14.2B) do not cover its long term liabilities ($15.4B).
Debt to Equity History and Analysis
Debt Level: N7T's net debt to equity ratio (40.9%) is considered high.
Reducing Debt: N7T's debt to equity ratio has increased from 37.7% to 44.6% over the past 5 years.
Debt Coverage: N7T's debt is well covered by operating cash flow (45.1%).
Interest Coverage: N7T's interest payments on its debt are well covered by EBIT (5.1x coverage).