Corteva Inc (CTVA)
Debt-to-capital ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 23,789,000 | 25,037,000 | 25,302,000 | 25,384,000 | 24,824,000 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $23,789,000K)
= 0.00
The debt-to-capital ratio for Corteva Inc has been consistently at 0.00 from December 31, 2020, to December 31, 2024. It indicates that the company has not used any debt to finance its operations and investments relative to its overall capital structure during these years. This suggests that Corteva Inc may be relying more on equity financing rather than debt to fund its activities, potentially indicating a strong financial position and lower financial risk. However, it is also important to consider other financial metrics and factors to assess the overall financial health and performance of the company effectively.
Peer comparison
Dec 31, 2024