Ratio Analysis of Nutrien Ltd (times and %)20182019202020212022Long term Solvency RatioTotal Debt ratio= TA-TE/TA0.460.510.530.530.53Debt Equity Ratio=TD/TE0.861.051.111.111.11Long-Term Debt to Equity0.460.370.450.320.31Long-term Debt to Total Assets0.170.180.210.150,15Total Assets Turnover0.43o.430.440.550.69Ratio Analysis of TeckB Ltd20182019202020212022Long term Solvency RatioTotal Debt ratio= TA-TE/TA0.420.440.500.500.49Debt Equity Ratio=TD/TE0.730.811.031.030.96Long-Term Debt to Equity0.240.250.370.380.35Long-term Debt to Total Assets0.140.140.190.190.19Total Assets Turnover

Required

a. Analyze and interpret the financial ratio of Nutrien Ltd for 2018 to 2022 (Time series analysis

b. Compare and interpret the financial ratio of Nutrien Ltd with that of TECKB Ltd over the periods 2018 to 2022 (Cross Analysis)