How much debt does Nutrien have?
According to Nutrien's latest annual financial reports, the company's debt profile is as follows:
Total Debt and Liabilities
Nutrien's total debt stands at $12.81B. This is broken down into:
- Long-term debt: $9.88B
- Short-term debt: $2.93B
The company's net debt, which accounts for cash and cash equivalents, is $11.95B. In terms of overall financial obligations, Nutrien's total liabilities amount to $27.40B.
Debt Ratios and Metrics
To better understand Nutrien's debt position, we can look at several key ratios:
- Debt to Equity Ratio: 0.52 - this indicates the proportion of equity and debt the company uses to finance its assets.
- Debt Ratio: 24.70% - this shows the proportion of a company's assets that are financed through debt.
- Interest Coverage Ratio: 4.63 - this measures how easily a company can pay interest on its outstanding debt.
- Long-term Debt to Capitalization: 26.68% - this shows the proportion of long-term debt in the company's capital structure.
- Total Debt to Capitalization: 34.41% - this indicates the total debt in the company's capital structure.
These metrics provide insight into Nutrien's financial leverage and its ability to meet financial obligations. For a comprehensive understanding of the company's financial health, it's important to consider these debt metrics alongside other financial indicators and industry benchmarks.
Total Debt
$12.81B
Long-term Debt
$9.88B
Short-term Debt
$2.93B
Net Debt
$11.95B
Total Liabilities
$27.40B
Interest Coverage
4.63
Debt to Equity Ratio
0.52
Debt Ratio
24.70%
Nutrien Historical Debt Metrics
Nutrien Historical Debt
The table below shows various debt metrics for each year, with the latest data available for the last fiscal year 2024.
| Year | Total Debt | Long-term Debt | Short-term Debt | Net Debt | Total Liabilities | Debt to Equity | Debt Ratio | Interest Coverage | Long-term Debt to Capitalization | Total Debt to Capitalization |
|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $12.81B | $9.88B | $2.93B | $11.95B | $27.40B | 0.52 | 24.70% | 4.63 | 26.68% | 34.41% |
| 2023 | $12.57B | $9.91B | $2.65B | $11.62B | $27.55B | 0.50 | 23.82% | 4.80 | 26.16% | 33.31% |
| 2022 | $11.93B | $8.94B | $2.99B | $11.03B | $28.72B | 0.46 | 21.85% | 21.97 | 23.75% | 31.60% |
| 2021 | $10.85B | $8.46B | $2.39B | $10.35B | $26.25B | 0.46 | 21.71% | 9.80 | 24.13% | 31.44% |
| 2020 | $11.36B | $10.94B | $422.00M | $9.91B | $24.83B | 0.51 | 24.07% | 3.10 | 31.00% | 33.68% |
| 2019 | $11.10B | $9.41B | $1.69B | $10.43B | $23.93B | 0.49 | 23.73% | 3.69 | 27.22% | 32.68% |
| 2018 | $9.22B | $7.60B | $1.63B | $6.91B | $21.08B | 0.38 | 20.27% | 0.77 | 23.71% | 27.41% |
| 2017 | $4.44B | $2.58B | $730.00M | $4.33B | $8.70B | 0.53 | 26.13% | 0.88 | 30.89% | 34.85% |
| 2016 | $4.59B | $3.71B | $884.00M | $4.56B | $9.06B | 0.56 | 26.58% | 2.79 | 31.10% | 35.86% |
| 2015 | $4.23B | $3.71B | $517.00M | $4.14B | $9.09B | 0.50 | 24.20% | 9.96 | 30.68% | 33.52% |
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