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
Corteva (NYSE:CTVA) Seems To Use Debt Quite Sensibly
Jan 13
Does Corteva (NYSE:CTVA) Have A Healthy Balance Sheet?
Aug 23Is Corteva (NYSE:CTVA) Using Too Much Debt?
Apr 23Recent updates
Corteva (NYSE:CTVA) Seems To Use Debt Quite Sensibly
Jan 13Corteva: A Wide-Moat Play On Commodity Prices
Jan 10The Return Trends At Corteva (NYSE:CTVA) Look Promising
Dec 29A Look At The Intrinsic Value Of Corteva, Inc. (NYSE:CTVA)
Dec 13Corteva 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 02Corteva: Better Inventory Management For Better Profits
Nov 30Corteva: Weak Brazil Market, Inventory Destocking Challenges; Cost-Cutting Improves Margins
Nov 12Corteva: A Leader In The Industry Still Expanding
Sep 24Corteva, Inc.: As Bullish As Ever On This Quality Company
Sep 07Corteva: Near-Term Headwinds, And Long-Term Growth Potential
Aug 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).
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/30 22:34 |
| End of Day Share Price | 2025/01/30 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Corteva, Inc. is covered by 42 analysts. 18 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | Argus Research Company |
| Benjamin Theurer | Barclays |
| Adrien Tamagno | Berenberg |