Corteva Balance Sheet Health
Financial Health criteria checks 5/6
Corteva has a total shareholder equity of $25.0B and total debt of $4.6B, which brings its debt-to-equity ratio to 18.5%. Its total assets and total liabilities are $43.6B and $18.6B respectively. Corteva's EBIT is $1.8B making its interest coverage ratio -50.7. It has cash and short-term investments of $1.7B.
Key information
18.5%
Debt to equity ratio
US$4.64b
Debt
Interest coverage ratio | -50.7x |
Cash | US$1.66b |
Equity | US$25.01b |
Total liabilities | US$18.62b |
Total assets | US$43.63b |
Recent financial health updates
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 18Is Corteva (NYSE:CTVA) Using Too Much Debt?
May 31Corteva (NYSE:CTVA) Seems To Use Debt Quite Sensibly
Jan 25Recent updates
Is 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 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 16Financial Position Analysis
Short Term Liabilities: CTVA's short term assets ($17.2B) exceed its short term liabilities ($11.3B).
Long Term Liabilities: CTVA's short term assets ($17.2B) exceed its long term liabilities ($7.3B).
Debt to Equity History and Analysis
Debt Level: CTVA's net debt to equity ratio (11.9%) is considered satisfactory.
Reducing Debt: CTVA's debt to equity ratio has increased from 10.6% to 18.5% over the past 5 years.
Debt Coverage: CTVA's debt is well covered by operating cash flow (53.3%).
Interest Coverage: CTVA earns more interest than it pays, so coverage of interest payments is not a concern.