Nutrien (XTER:N7T) Interest Expense : €-715 Mil (TTM As of Mar. 2024)

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What is Nutrien Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Nutrien's interest expense for the three months ended in Mar. 2024 was € -165 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €-715 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Nutrien's Operating Income for the three months ended in Mar. 2024 was € 471 Mil. Nutrien's Interest Expense for the three months ended in Mar. 2024 was € -165 Mil. Nutrien's Interest Coverage for the quarter that ended in Mar. 2024 was 2.86. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Nutrien Interest Expense Historical Data

The historical data trend for Nutrien's Interest Expense 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.

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Nutrien Interest Expense Chart

Nutrien Annual Data

Trend

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Interest Expense

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-503.10

-428.26

-409.76

-491.82

-700.59

Nutrien Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-158.78	-188.29	-193.02	-168.73	-164.68

Nutrien Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-715 Mil.

Nutrien (XTER:N7T) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Nutrien's Interest Expense for the three months ended in Mar. 2024 was €-165 Mil. Its Operating Income for the three months ended in Mar. 2024 was €471 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was €9,148 Mil.

Nutrien's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	471.04	/	-164.68
	=	2.86

The higher the ratio, the stronger the company's financial strength is.

Nutrien (XTER:N7T) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Nutrien Ltd (XTER:N7T) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

NTR:USA NTR:Mexico N7T:Germany NTR:Canada

Address

211 19th Street East, Suite 1700, Saskatoon, SK, CAN, S7K 5R6

Website

https://www.nutrien.com

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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