Corteva Capital Surpluse vs Non Current Liabilities Total Analysis
| CTVA Stock | USD 56.82 0.70 1.22% |
Corteva financial indicator trend analysis is way more than just evaluating Corteva prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Corteva is a good investment. Please check the relationship between Corteva Capital Surpluse and its Non Current Liabilities Total accounts. 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 tightly coupled 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.
Capital Surpluse vs Non Current Liabilities Total
Capital Surpluse vs Non Current Liabilities Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Corteva Capital Surpluse account and Non Current Liabilities Total. At this time, the significance of the direction appears to have strong relationship.
The correlation between Corteva's Capital Surpluse and Non Current Liabilities Total is 0.64. Overlapping area represents the amount of variation of Capital Surpluse that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of Corteva, assuming nothing else is changed. The correlation between historical values of Corteva's Capital Surpluse and Non Current Liabilities Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Surpluse of Corteva are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Capital Surpluse i.e., Corteva's Capital Surpluse and Non Current Liabilities Total go up and down completely randomly.
Correlation Coefficient | 0.64 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Capital Surpluse
Non Current Liabilities Total
Most indicators from Corteva's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Corteva current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, 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 tightly coupled 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 Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Selling General Administrative is expected to grow to about 3.4 B, whereas Discontinued Operations is projected to grow to (49.6 M).
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 30M | 79M | 233M | 244.7M | Depreciation And Amortization | 1.2B | 1.2B | 1.2B | 1.2B |
Corteva fundamental ratios Correlations
Click cells to compare fundamentals
Corteva Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Corteva fundamental ratios 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 | 2.3B | 2.2B | 2.4B | 2.5B | 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 | 3M | 17M | 24M | 198M | 214.4M | |
| 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 | 1.5B | |
| 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 |
Pair Trading with Corteva
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Corteva position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Corteva will appreciate offsetting losses from the drop in the long position's value.Moving together with Corteva Stock
| 0.74 | AVD | American Vanguard Financial Report 14th of May 2024 | PairCorr |
Moving against Corteva Stock
| 0.52 | NITO | N2OFF Inc Symbol Change | PairCorr |
| 0.5 | LVROW | Lavoro Limited Warrant | PairCorr |
| 0.47 | LVRO | Lavoro Limited Class Fiscal Year End 6th of November 2024 | PairCorr |
The ability to find closely correlated positions to Corteva could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Corteva when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Corteva - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Corteva to buy it.
The correlation of Corteva is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Corteva moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Corteva moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Corteva can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.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 tightly coupled 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 Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
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When running Corteva's price analysis, check to measure Corteva's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Corteva is operating at the current time. Most of Corteva's value examination focuses on studying past and present price action to predict the probability of Corteva's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Corteva's price. Additionally, you may evaluate how the addition of Corteva to your portfolios can decrease your overall portfolio volatility.
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Is Corteva's industry 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 (0.28) | Dividend Share 0.64 | Earnings Share 0.99 | Revenue Per Share 23.848 | Quarterly Revenue Growth (0.08) |
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.