Corteva Historical Balance Sheet
| CTVA Stock | USD 64.13 2.90 4.74% |
Trend analysis of Corteva balance sheet accounts such as Other Current Liab of 2.2 B, Total Current Liabilities of 8.2 B or Total Stockholder Equity of 21 B provides information on Corteva's total assets, liabilities, and equity, which is the actual value of Corteva to its prevalent stockholders. By breaking down trends over time using Corteva balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining Corteva latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Corteva is a good buy for the upcoming year.
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About Corteva Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Corteva at a specified time, usually calculated after every quarter, six months, or one year. Corteva Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Corteva and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Corteva currently owns. An asset can also be divided into two categories, current and non-current.
Corteva Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of Corteva assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Corteva books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Accounts Payable
An accounting item on the balance sheet that represents Corteva obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Corteva are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.Additional Paid In Capital
Additional Paid In Capital (or APIC) is an accounting term found on Corteva Balance Sheet under Shareholders Equity. It is the value of the shares of the company above what they were issued it. The basic calculation is as follow: (Issue Price - Par Value) x Corteva Shares Outstanding. Additional Paid In Capital is not affected by secondary trading of Corteva shares and does not have any impact on the value of APIC. The excess amount paid by investors over the par value of a company's shares, representing the additional capital contributed by shareholders.Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.Most accounts from Corteva's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Corteva current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Corteva. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. For information on how to trade Corteva Stock refer to our How to Trade Corteva Stock guide.At present, Corteva's Other Liabilities is projected to increase significantly based on the last few years of reporting. The current year's Long Term Debt is expected to grow to about 2.4 B, whereas Total Assets are forecasted to decline to about 36.2 B.
| 2021 | 2022 | 2023 | 2024 (projected) | Non Currrent Assets Other | 1.8B | 1.7B | 1.5B | 1.5B | Non Current Assets Total | 26.8B | 25.8B | 26.7B | 22.0B |
Corteva balance sheet Correlations
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Corteva Account Relationship Matchups
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Corteva balance sheet Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 42.4B | 42.6B | 42.3B | 42.6B | 43.0B | 36.2B | |
| Other Current Liab | 1.9B | 2.1B | 2.1B | 2.4B | 2.6B | 2.2B | |
| Total Current Liabilities | 8.2B | 8.5B | 9.6B | 10.7B | 10.4B | 8.2B | |
| Total Stockholder Equity | 24.3B | 24.8B | 25.4B | 25.3B | 25.0B | 21.0B | |
| Other Liab | 9.1B | 7.9B | 6.1B | 4.7B | 5.4B | 6.7B | |
| Net Tangible Assets | 2.7B | 24.8B | 5.2B | 25.3B | 29.1B | 17.8B | |
| Accounts Payable | 3.7B | 3.6B | 4.1B | 4.9B | 4.3B | 3.4B | |
| Cash | 1.8B | 3.5B | 4.5B | 3.2B | 2.6B | 2.4B | |
| Other Assets | 2.1B | 2.4B | 2.2B | 1.7B | 1.5B | 1.5B | |
| Long Term Debt | 110M | 1.1B | 1.1B | 1.3B | 2.3B | 2.4B | |
| Good Will | 10.2B | 10.3B | 10.1B | 10.0B | 10.6B | 8.6B | |
| Common Stock Shares Outstanding | 749.5M | 751.2M | 741.6M | 724.5M | 711.9M | 592.7M | |
| Inventory | 5.0B | 4.9B | 5.2B | 6.8B | 6.9B | 4.9B | |
| Other Current Assets | 1.2B | 1.2B | 1.0B | 968M | 1.1B | 908.6M | |
| Other Stockholder Equity | 28.0B | 27.7B | 27.8B | 27.9B | 27.7B | 22.6B | |
| Total Liab | 17.8B | 17.6B | 16.7B | 17.1B | 17.7B | 14.9B | |
| Total Current Assets | 13.5B | 14.8B | 15.5B | 16.8B | 16.3B | 13.0B | |
| Accumulated Other Comprehensive Income | (3.3B) | (2.9B) | (2.9B) | (2.8B) | (2.7B) | (2.8B) | |
| Short Term Debt | 7M | 4M | 17M | 24M | 198M | 214.5M | |
| Intangible Assets | 11.4B | 10.7B | 10.0B | 9.3B | 9.6B | 8.7B | |
| Property Plant Equipment | 5.1B | 4.4B | 4.3B | 4.3B | 4.9B | 3.8B | |
| Short Long Term Debt Total | 122M | 1.1B | 1.1B | 1.3B | 2.5B | 1.8B | |
| Property Plant And Equipment Net | 4.5B | 4.4B | 4.3B | 4.3B | 4.3B | 3.5B | |
| Current Deferred Revenue | 2.6B | 2.7B | 3.2B | 3.4B | 3.4B | 2.8B | |
| Net Debt | (1.6B) | (2.4B) | (3.3B) | (1.9B) | (155M) | (162.8M) | |
| Non Current Assets Total | 28.9B | 27.9B | 26.8B | 25.8B | 26.7B | 22.0B | |
| Non Currrent Assets Other | 2.3B | 1.9B | 1.8B | 1.7B | 1.5B | 1.5B | |
| Cash And Short Term Investments | 1.8B | 3.8B | 4.5B | 3.3B | 2.7B | 3.4B | |
| Net Receivables | 5.5B | 4.9B | 4.8B | 5.7B | 5.5B | 5.8B | |
| Long Term Debt Total | 115M | 1.1B | 1.1B | 1.3B | 1.2B | 1.5B | |
| Liabilities And Stockholders Equity | 42.4B | 42.6B | 42.3B | 42.6B | 43.0B | 46.9B | |
| Non Current Liabilities Total | 9.6B | 9.0B | 7.2B | 6.3B | 7.3B | 6.5B | |
| Net Invested Capital | 24.4B | 25.9B | 26.5B | 26.6B | 27.5B | 28.7B |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Corteva offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Corteva's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Corteva Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Corteva Stock:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Corteva. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. For information on how to trade Corteva Stock refer to our How to Trade Corteva Stock guide.You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Fertilizers & Agricultural Chemicals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Corteva. If investors know Corteva will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Corteva listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.508 | Dividend Share 0.66 | Earnings Share 0.96 | Revenue Per Share 23.841 | Quarterly Revenue Growth (0.10) |
The market value of Corteva is measured differently than its book value, which is the value of Corteva that is recorded on the company's balance sheet. Investors also form their own opinion of Corteva's value that differs from its market value or its book value, called intrinsic value, which is Corteva's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Corteva's market value can be influenced by many factors that don't directly affect Corteva's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Corteva's value and its price as these two are different measures arrived at by different means. Investors typically determine if Corteva is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Corteva's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.