Corteva Balance Sheet Health
Financial Health criteria checks 5/6
Corteva has a total shareholder equity of $25.0B and total debt of $5.7B, which brings its debt-to-equity ratio to 22.9%. Its total assets and total liabilities are $41.9B and $16.9B respectively. Corteva's EBIT is $1.8B making its interest coverage ratio 148.1. It has cash and short-term investments of $2.5B.
Key information
22.9%
Debt to equity ratio
US$5.72b
Debt
| Interest coverage ratio | 148.1x |
| Cash | US$2.49b |
| Equity | US$24.98b |
| Total liabilities | US$16.93b |
| Total assets | US$41.91b |
Recent financial health updates
Does Corteva (NYSE:CTVA) Have A Healthy Balance Sheet?
Aug 23
Is Corteva (NYSE:CTVA) Using Too Much Debt?
Apr 23We Think Corteva (NYSE:CTVA) Can Stay On Top Of Its Debt
Jan 21Is Corteva (NYSE:CTVA) Using Too Much Debt?
Sep 18Recent updates
Corteva Q3: Lower Commodity And Raw Material Costs Ahead, Potential Margin Expansion
Nov 10Market Participants Recognise Corteva, Inc.'s (NYSE:CTVA) Earnings
Nov 08Corteva (NYSE:CTVA) Might Have The Makings Of A Multi-Bagger
Sep 23Corteva Offers A Pair Of Preferred Shares To Consider
Sep 16Estimating The Intrinsic Value Of Corteva, Inc. (NYSE:CTVA)
Sep 08Corteva Sows Growth, But Harvests Mixed Results In Q2
Sep 05Does Corteva (NYSE:CTVA) Have A Healthy Balance Sheet?
Aug 23Corteva's (NYSE:CTVA) Conservative Accounting Might Explain Soft Earnings
Aug 08Corteva (NYSE:CTVA) Is Increasing Its Dividend To $0.17
Aug 05Getting In Cheap On Corteva, Inc. (NYSE:CTVA) Might Be Difficult
Jul 31Corteva: Bearish Trend Is On With Declining Trading Volume
Jun 18Is Corteva, Inc. (NYSE:CTVA) Trading At A 48% Discount?
May 27There's Been No Shortage Of Growth Recently For Corteva's (NYSE:CTVA) Returns On Capital
May 11Is Corteva (NYSE:CTVA) Using Too Much Debt?
Apr 23Investors Still Waiting For A Pull Back In Corteva, Inc. (NYSE:CTVA)
Apr 05Corteva's Strategic Ascend Post DowDuPont Split: Bridging Valuation Gaps
Apr 02Added Corteva To Our Model Portfolio (Technical Analysis)
Mar 06Some Investors May Be Willing To Look Past Corteva's (NYSE:CTVA) Soft Earnings
Feb 07Corteva, Inc. (NYSE:CTVA) Shares Could Be 45% Below Their Intrinsic Value Estimate
Feb 05Corteva Q4: Strong Positive Tone With Crop Protection Normalization (Upgrade)
Feb 02We Think Corteva (NYSE:CTVA) Can Stay On Top Of Its Debt
Jan 21Corteva's (NYSE:CTVA) Returns On Capital Are Heading Higher
Jan 03Market Participants Recognise Corteva, Inc.'s (NYSE:CTVA) Earnings
Dec 19Corteva: Better Inventory Management For Better Profits
Nov 30Corteva: Weak Brazil Market, Inventory Destocking Challenges; Cost-Cutting Improves Margins
Nov 12Investors Will Want Corteva's (NYSE:CTVA) Growth In ROCE To Persist
Oct 03Corteva: A Leader In The Industry Still Expanding
Sep 24Is Corteva (NYSE:CTVA) Using Too Much Debt?
Sep 18Corteva, Inc.: As Bullish As Ever On This Quality Company
Sep 07Is There Now An Opportunity In Corteva, Inc. (NYSE:CTVA)?
Sep 05Corteva: Near-Term Headwinds, And Long-Term Growth Potential
Aug 14There's Been No Shortage Of Growth Recently For Corteva's (NYSE:CTVA) Returns On Capital
Jun 27Calculating The Intrinsic Value Of Corteva, Inc. (NYSE:CTVA)
Jun 14Financial Position Analysis
Short Term Liabilities: CTVA's short term assets ($15.6B) exceed its short term liabilities ($10.4B).
Long Term Liabilities: CTVA's short term assets ($15.6B) exceed its long term liabilities ($6.5B).
Debt to Equity History and Analysis
Debt Level: CTVA's net debt to equity ratio (12.9%) is considered satisfactory.
Reducing Debt: CTVA's debt to equity ratio has increased from 14.7% to 22.9% over the past 5 years.
Debt Coverage: CTVA's debt is well covered by operating cash flow (41%).
Interest Coverage: CTVA's interest payments on its debt are well covered by EBIT (148.1x coverage).