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Nutrien (Nutrien) Equity-to-Asset

: 0.48 (As of Dec. 2023)
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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Nutrien's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $25,156 Mil. Nutrien's Total Assets for the quarter that ended in Dec. 2023 was $52,749 Mil. Therefore, Nutrien's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.48.

The historical rank and industry rank for Nutrien's Equity-to-Asset or its related term are showing as below:

NTR' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.47   Med: 0.48   Max: 0.54
Current: 0.48

During the past 13 years, the highest Equity to Asset Ratio of Nutrien was 0.54. The lowest was 0.47. And the median was 0.48.

NTR's Equity-to-Asset is ranked worse than
57.77% of 251 companies
in the Agriculture industry
Industry Median: 0.54 vs NTR: 0.48

Nutrien Equity-to-Asset Historical Data

The historical data trend for Nutrien's Equity-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Nutrien Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.49 0.47 0.47 0.47 0.48

Nutrien Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Equity-to-Asset Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.47 0.45 0.47 0.48 0.48

Competitive Comparison

For the Agricultural Inputs subindustry, Nutrien's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Nutrien Equity-to-Asset Distribution

For the Agriculture industry and Basic Materials sector, Nutrien's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Nutrien's Equity-to-Asset falls into.



Nutrien Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Nutrien's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=25156/52749
=0.48

Nutrien's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=25156/52749
=0.48

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Nutrien  (NYSE:NTR) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Nutrien Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Nutrien's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Nutrien (Nutrien) Business Description

Traded in Other Exchanges
Address
211 19th Street East, Suite 1700, Saskatoon, SK, CAN, S7K 5R6
Created in 2018 as a result of the merger between PotashCorp and Agrium, Nutrien is the world's largest fertilizer producer by capacity. Nutrien produces the three main crop nutrients--nitrogen, potash, and phosphate--although its main focus is potash, where it is the global leader in installed capacity with a roughly 20% market share. The company is also the largest agricultural retailer in the United States, selling fertilizers, crop chemicals, seeds, and services directly to farm customers through its brick-and-mortar stores and online platforms.

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