Corteva Inc (CTVA)

Current ratio

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Total current assets US$ in thousands 15,097,000 16,260,000 16,795,000 15,546,000 14,768,000
Total current liabilities US$ in thousands 10,386,000 10,409,000 10,744,000 9,558,000 8,548,000
Current ratio 1.45 1.56 1.56 1.63 1.73

December 31, 2024 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $15,097,000K ÷ $10,386,000K
= 1.45

The current ratio of Corteva Inc has exhibited a declining trend over the past five years, decreasing from 1.73 in December 2020 to 1.45 in December 2024. Despite this decline, the current ratio has generally remained above 1, indicating that the company has had sufficient current assets to cover its current liabilities each year. However, the decreasing trend suggests that Corteva Inc may be experiencing challenges in managing its short-term liquidity or effectively utilizing its current assets to meet short-term obligations. It is important for the company to closely monitor this ratio to ensure it maintains a healthy level of liquidity for its operations.


Peer comparison

Dec 31, 2024

Company name
Symbol
Current ratio
Corteva Inc
CTVA
1.45
Fresh Del Monte Produce Inc
FDP
2.13