Corteva Common Stock Shares Outstanding vs Property Plant And Equipment Net Analysis

CTVA Stock  USD 55.80  1.18  2.07%   
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 Common Stock Shares Outstanding and its Property Plant And Equipment Net 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.

Common Stock Shares Outstanding vs Property Plant And Equipment Net

Common Stock Shares Outstanding vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Corteva Common Stock Shares Outstanding account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Corteva's Common Stock Shares Outstanding and Property Plant And Equipment Net is 0.98. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Corteva, assuming nothing else is changed. The correlation between historical values of Corteva's Common Stock Shares Outstanding and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Corteva are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Common Stock Shares Outstanding i.e., Corteva's Common Stock Shares Outstanding and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.98
Relationship DirectionPositive 
Relationship StrengthVery Strong

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its 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 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 Expense30M79M233M244.7M
Depreciation And Amortization1.2B1.2B1.2B1.2B

Corteva fundamental ratios Correlations

0.070.98-0.46-0.080.930.63-0.35-0.530.40.69-0.87-0.390.960.1-0.510.960.58
0.070.17-0.580.750.23-0.59-0.350.150.720.10.170.33-0.05-0.39-0.58-0.030.26
0.980.17-0.590.110.980.63-0.54-0.40.520.78-0.9-0.340.91-0.02-0.650.920.72
-0.46-0.58-0.59-0.7-0.7-0.190.73-0.04-0.97-0.740.550.41-0.450.260.98-0.49-0.88
-0.080.750.11-0.70.24-0.27-0.780.590.730.34-0.020.22-0.18-0.45-0.72-0.130.54
0.930.230.98-0.70.240.63-0.63-0.350.620.88-0.9-0.350.85-0.01-0.750.870.8
0.63-0.590.63-0.19-0.270.63-0.35-0.3-0.010.71-0.88-0.540.650.28-0.220.660.52
-0.35-0.35-0.540.73-0.78-0.63-0.35-0.46-0.65-0.70.580.06-0.270.370.8-0.33-0.84
-0.530.15-0.4-0.040.59-0.35-0.3-0.460.07-0.250.290.24-0.5-0.49-0.09-0.460.07
0.40.720.52-0.970.730.62-0.01-0.650.070.58-0.41-0.330.39-0.35-0.960.430.8
0.690.10.78-0.740.340.880.71-0.7-0.250.58-0.86-0.380.620.19-0.720.640.81
-0.870.17-0.90.55-0.02-0.9-0.880.580.29-0.41-0.860.57-0.88-0.080.59-0.89-0.78
-0.390.33-0.340.410.22-0.35-0.540.060.24-0.33-0.380.57-0.62-0.140.34-0.62-0.47
0.96-0.050.91-0.45-0.180.850.65-0.27-0.50.390.62-0.88-0.620.09-0.481.00.58
0.1-0.39-0.020.26-0.45-0.010.280.37-0.49-0.350.19-0.08-0.140.090.40.05-0.38
-0.51-0.58-0.650.98-0.72-0.75-0.220.8-0.09-0.96-0.720.590.34-0.480.4-0.53-0.93
0.96-0.030.92-0.49-0.130.870.66-0.33-0.460.430.64-0.89-0.621.00.05-0.530.63
0.580.260.72-0.880.540.80.52-0.840.070.80.81-0.78-0.470.58-0.38-0.930.63
Click cells to compare fundamentals

Corteva Account Relationship Matchups

Corteva fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets42.4B42.6B42.3B42.6B43.0B36.2B
Other Current Liab1.9B2.3B2.2B2.4B2.5B2.2B
Total Current Liabilities8.2B8.5B9.6B10.7B10.4B8.2B
Total Stockholder Equity24.3B24.8B25.4B25.3B25.0B21.0B
Other Liab9.1B7.9B6.1B4.7B5.4B6.7B
Net Tangible Assets2.7B24.8B5.2B25.3B29.1B17.8B
Accounts Payable3.7B3.6B4.1B4.9B4.3B3.4B
Cash1.8B3.5B4.5B3.2B2.6B2.4B
Other Assets2.1B2.4B2.2B1.7B1.5B1.5B
Long Term Debt110M1.1B1.1B1.3B2.3B2.4B
Good Will10.2B10.3B10.1B10.0B10.6B8.6B
Common Stock Shares Outstanding749.5M751.2M741.6M724.5M711.9M592.7M
Inventory5.0B4.9B5.2B6.8B6.9B4.9B
Other Current Assets1.2B1.2B1.0B968M1.1B908.6M
Other Stockholder Equity28.0B27.7B27.8B27.9B27.7B22.6B
Total Liab17.8B17.6B16.7B17.1B17.7B14.9B
Total Current Assets13.5B14.8B15.5B16.8B16.3B13.0B
Accumulated Other Comprehensive Income(3.3B)(2.9B)(2.9B)(2.8B)(2.7B)(2.8B)
Short Term Debt7M3M17M24M198M214.4M
Intangible Assets11.4B10.7B10.0B9.3B9.6B8.7B
Property Plant Equipment5.1B4.4B4.3B4.3B4.9B3.8B
Short Long Term Debt Total122M1.1B1.1B1.3B2.5B1.5B
Property Plant And Equipment Net4.5B4.4B4.3B4.3B4.3B3.5B
Current Deferred Revenue2.6B2.7B3.2B3.4B3.4B2.8B
Net Debt(1.6B)(2.4B)(3.3B)(1.9B)(155M)(162.8M)
Non Current Assets Total28.9B27.9B26.8B25.8B26.7B22.0B
Non Currrent Assets Other2.3B1.9B1.8B1.7B1.5B1.5B
Cash And Short Term Investments1.8B3.8B4.5B3.3B2.7B3.4B
Net Receivables5.5B4.9B4.8B5.7B5.5B5.8B
Long Term Debt Total115M1.1B1.1B1.3B1.2B1.5B
Liabilities And Stockholders Equity42.4B42.6B42.3B42.6B43.0B46.9B
Non Current Liabilities Total9.6B9.0B7.2B6.3B7.3B6.5B
Net Invested Capital24.4B25.9B26.5B26.6B27.5B28.7B

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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 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 Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

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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.