Corteva Current Deferred Revenue vs Capital Lease Obligations Analysis
| CTVA Stock | USD 57.41 0.25 0.43% |
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 Current Deferred Revenue and its Capital Lease Obligations 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 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.
Current Deferred Revenue vs Capital Lease Obligations
Current Deferred Revenue vs Capital Lease Obligations Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Corteva Current Deferred Revenue account and Capital Lease Obligations. At this time, the significance of the direction appears to have pay attention.
The correlation between Corteva's Current Deferred Revenue and Capital Lease Obligations is -0.88. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Capital Lease Obligations in the same time period over historical financial statements of Corteva, assuming nothing else is changed. The correlation between historical values of Corteva's Current Deferred Revenue and Capital Lease Obligations is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Corteva are associated (or correlated) with its Capital Lease Obligations. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Lease Obligations has no effect on the direction of Current Deferred Revenue i.e., Corteva's Current Deferred Revenue and Capital Lease Obligations go up and down completely randomly.
Correlation Coefficient | -0.88 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.Capital Lease Obligations
Corteva capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Corteva asset purchases. For example, Corteva can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Corteva control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.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 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 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
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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 | 2.1B | 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 Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
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 0.95 | 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.