Corteva Balance Sheet Health
Financial Health criteria checks 6/6
Corteva has a total shareholder equity of $25.3B and total debt of $2.5B, which brings its debt-to-equity ratio to 9.8%. Its total assets and total liabilities are $43.0B and $17.7B respectively. Corteva's EBIT is $2.0B making its interest coverage ratio -40.1. It has cash and short-term investments of $2.7B.
Key information
9.8%
Debt to equity ratio
US$2.49b
Debt
| Interest coverage ratio | -40.1x |
| Cash | US$2.74b |
| Equity | US$25.28b |
| Total liabilities | US$17.72b |
| Total assets | US$43.00b |
Recent financial health updates
We Think Corteva (NYSE:CTVA) Can Stay On Top Of Its Debt
Jan 21
Is Corteva (NYSE:CTVA) Using Too Much Debt?
Sep 18Is Corteva (NYSE:CTVA) Using Too Much Debt?
May 31Corteva (NYSE:CTVA) Seems To Use Debt Quite Sensibly
Jan 25Corteva (NYSE:CTVA) Has A Rock Solid Balance Sheet
Oct 16Recent updates
Investors 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 14Corteva: Solid Quarter To Start The Year
Jun 02Is Corteva (NYSE:CTVA) Using Too Much Debt?
May 31Corteva (NYSE:CTVA) Is Looking To Continue Growing Its Returns On Capital
Mar 21Estimating The Fair Value Of Corteva, Inc. (NYSE:CTVA)
Mar 08Corteva: Disinflation Is A Headwind
Feb 11Corteva's (NYSE:CTVA) Dividend Will Be $0.15
Feb 02Corteva declares $0.15 dividend
Jan 27Corteva (NYSE:CTVA) Seems To Use Debt Quite Sensibly
Jan 25Returns Are Gaining Momentum At Corteva (NYSE:CTVA)
Dec 15Corteva, Inc.'s (NYSE:CTVA) Intrinsic Value Is Potentially 45% Above Its Share Price
Nov 18Corteva Is A Long-Term Winner
Nov 16Corteva (NYSE:CTVA) Is Due To Pay A Dividend Of $0.15
Oct 31Corteva declares $0.15 dividend
Oct 28Corteva (NYSE:CTVA) Has A Rock Solid Balance Sheet
Oct 16With EPS Growth And More, Corteva (NYSE:CTVA) Makes An Interesting Case
Oct 04Financial Position Analysis
Short Term Liabilities: CTVA's short term assets ($16.3B) exceed its short term liabilities ($10.4B).
Long Term Liabilities: CTVA's short term assets ($16.3B) exceed its long term liabilities ($7.3B).
Debt to Equity History and Analysis
Debt Level: CTVA has more cash than its total debt.
Reducing Debt: CTVA's debt to equity ratio has reduced from 10.4% to 9.8% over the past 5 years.
Debt Coverage: CTVA's debt is well covered by operating cash flow (71.1%).
Interest Coverage: CTVA earns more interest than it pays, so coverage of interest payments is not a concern.