Corteva Financials

CTVA Stock  USD 63.96  1.10  1.75%   
Based on the key measurements obtained from Corteva's financial statements, Corteva is performing exceptionally good at this time. It has a great probability to report excellent financial results in March. At present, Corteva's Other Current Liabilities is projected to increase significantly based on the last few years of reporting. The current year's Other Liabilities is expected to grow to about 6.7 B, whereas Total Assets are forecasted to decline to about 37.1 B. Key indicators impacting Corteva's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.08540.1136
Way Down
Slightly volatile
Operating Income1.3 B863 M
Way Up
Slightly volatile
Current Ratio1.771.4536
Fairly Up
Slightly volatile
Investors should never underestimate Corteva's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor Corteva's cash flow, debt, and profitability to make informed and accurate decisions about investing in Corteva.

Net Income

952.35 Million

  
Understanding current and past Corteva Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Corteva's financial statements are interrelated, with each one affecting the others. For example, an increase in Corteva's assets may result in an increase in income on the income statement.
Please note, the presentation of Corteva's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Corteva's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Corteva's management manipulating its earnings.

Corteva Stock Summary

Corteva competes with CF Industries, American Vanguard, Intrepid Potash, Mosaic, and Nutrien. The Seed segment develops and supplies advanced germplasm and traits that produce optimum yield for farms. Corteva, Inc. was incorporated in 2018 and is headquartered in Indianapolis, Indiana. Corteva operates under Agricultural Inputs classification in the United States and is traded on New York Stock Exchange. It employs 21000 people.
Specialization
Basic Materials, Agricultural Inputs
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS22052L1044
CUSIP22052L104
LocationDelaware; U.S.A
Business Address9330 Zionsville Road,
SectorChemicals
IndustryMaterials
BenchmarkDow Jones Industrial
Websitewww.corteva.com
Phone833 267 8382
CurrencyUSD - US Dollar

Corteva Key Financial Ratios

Corteva Key Balance Sheet Accounts

202020212022202320242025 (projected)
Total Assets42.6B42.3B42.6B43.0B40.8B37.1B
Other Current Liab2.1B2.1B2.4B2.4B2.1B2.2B
Other Liab9.1B7.9B6.1B4.7B5.4B6.7B
Net Tangible Assets2.7B24.8B5.2B25.3B29.1B17.8B
Accounts Payable3.6B4.1B4.9B4.3B4.0B3.6B
Cash3.5B4.5B3.2B2.6B3.1B2.6B
Other Assets2.1B2.4B2.2B1.7B1.5B1.5B
Long Term Debt1.1B1.1B1.3B2.3B2.6B2.8B
Good Will10.3B10.1B10.0B10.6B10.4B8.9B
Inventory4.9B5.2B6.8B6.9B5.4B5.1B
Other Current Assets1.2B1.0B968M1.1B820M907.9M
Total Liab17.6B16.7B17.1B17.7B16.8B15.3B
Total Current Assets14.8B15.5B16.8B16.3B15.1B13.4B
Short Term Debt4M17M24M198M750M787.5M
Intangible Assets10.7B10.0B9.3B9.6B8.9B8.8B
Net Debt(2.4B)(3.3B)(1.9B)(155M)(403M)(423.2M)
Net Receivables4.9B4.8B5.7B5.5B5.7B5.9B
Long Term Debt Total115M1.1B1.1B1.3B1.2B1.5B
Net Invested Capital25.9B26.5B26.6B27.5B31.7B28.7B

Corteva Key Income Statement Accounts

202020212022202320242025 (projected)
Tax Provision(81M)524M210M82M94.3M99.0M
Net Interest Income(45M)(30M)(79M)(5M)(5.8M)(6.0M)
Interest Income56M77M124M202M232.3M147.4M
Interest Expense45M30M79M233M268.0M281.3M
Total Revenue14.2B15.7B17.5B17.2B16.9B16.9B
Gross Profit5.7B6.4B7.0B17.2B16.9B9.3B
Operating Income1.1B2.7B1.9B941M863M1.3B
Ebit1.2B2.6B2.1B941M1.1B1.4B
Research Development1.1B1.2B1.2B1.3B1.4B1.1B
Ebitda2.4B3.9B3.3B941M863M819.9M
Cost Of Revenue8.5B9.2B10.4B10.1B11.6B9.9B
Income Before Tax675M2.3B1.4B1.1B1.3B1.3B
Net Income681M1.8B1.1B735M907M952.4M
Income Tax Expense(81M)524M210M152M412M432.6M
Minority Interest20M(10M)(11M)(12M)(10.8M)(10.3M)

Corteva Key Cash Accounts

202020212022202320242025 (projected)
Change To Inventory104M(422M)(1.7B)57M1.1B1.2B
Investments(275M)137M(632M)(2.0B)(1.8B)(1.7B)
Change In Cash1.7B963M(1.2B)(460M)264M277.2M
Net Borrowings(7.7B)2.4B11M(13M)(11.7M)(12.3M)
Free Cash Flow1.6B2.2B267M1.2B1.7B885.4M
Depreciation1.2B1.2B1.2B1.2B1.2B1.2B
Other Non Cash Items563M198M326M841M515M1.0B
Dividends Paid388M397M418M439M458M657.2M
Capital Expenditures475M573M605M595M597M679.2M
Net Income701M1.8B1.2B941M919M525.4M
End Period Cash Flow3.9B4.8B3.6B3.2B3.4B4.1B
Change To Netincome1.6B62M(357M)(142M)(163.3M)(155.1M)

Corteva Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Corteva's current stock value. Our valuation model uses many indicators to compare Corteva value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Corteva competition to find correlations between indicators driving Corteva's intrinsic value. More Info.
Corteva is rated fourth in return on equity category among its peers. It is rated fifth in return on asset category among its peers reporting about  0.89  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Corteva is roughly  1.12 . At present, Corteva's Return On Equity is projected to increase slightly based on the last few years of reporting. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Corteva's earnings, one of the primary drivers of an investment's value.

Corteva Systematic Risk

Corteva's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Corteva volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty-one with a total number of output elements of fourty. The Beta measures systematic risk based on how returns on Corteva correlated with the market. If Beta is less than 0 Corteva generally moves in the opposite direction as compared to the market. If Corteva Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Corteva is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Corteva is generally in the same direction as the market. If Beta > 1 Corteva moves generally in the same direction as, but more than the movement of the benchmark.

Corteva Thematic Clasifications

Corteva is part of Agriculture investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. USA Equities from Agriculture industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions
AgricultureView
This theme covers USA Equities from Agriculture industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions. Get More Thematic Ideas
Today, most investors in Corteva Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Corteva's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Corteva growth as a starting point in their analysis.

Price Earnings To Growth Ratio

1.84

At present, Corteva's Price Earnings To Growth Ratio is projected to increase slightly based on the last few years of reporting.

Corteva February 17, 2025 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Corteva help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Corteva. We use our internally-developed statistical techniques to arrive at the intrinsic value of Corteva based on widely used predictive technical indicators. In general, we focus on analyzing Corteva Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Corteva's daily price indicators and compare them against related drivers.

Complementary Tools for Corteva Stock analysis

When running Corteva's price analysis, check to measure Corteva's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Corteva is operating at the current time. Most of Corteva's value examination focuses on studying past and present price action to predict the probability of Corteva's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Corteva's price. Additionally, you may evaluate how the addition of Corteva to your portfolios can decrease your overall portfolio volatility.
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