Liquidity Position of Nutrien Ltd.

Write the report (2 pages maximum) In your report it is required to use the format of the table printed below and complete it by providing the answer to each question in the first column (labeled "Answer") and, only when relevant, indicating the details of the formula used to calculate each of the financial ratios (for three ratios it is mandatory as indicated in the table, for the other ratios is optional, use your own judgement to decide). For instance, to calculate the Equity Ratio you are required to provide the list of accounts considered as part of Shareholder's Equity. On the other hand, you are not required to list the accounts considered to calculate Current Liabilities, if that label and amount is explicitly listed in the Statement of Financial Position (if it is not listed as such, then, you need to provide the name of the accounts considered). Answer the following question using your own words:

1. What is the liquidity position and trend of the company you are analyzing?

2. Based on your analysis, what is your recommendation to investors: hold, buy, sell?

Note 1: When the company assigned to you, due to the nature of its operations, does not have the account needed to perform the calculation of a ratio (for instance a service company does not have inventory), you can report it as zero in the ratio or mention it cannot be calculated for instance Inventory turnover = 0 or Inventory Turnover cannot be calculated).

Note 2: When the company assigned to you, due to the nature of its operations, does not have the account needed to perform the calculation of a ratio (for instance a service company does not have inventory), you must report it as zero when answering the quiz (for instance Inventory turnover = 0).