Corteva Return On Assets from 2010 to 2024

CTVA Stock  USD 62.24  0.26  0.42%   
Corteva's Return On Assets are decreasing over the years with very volatile fluctuation. Overall, Return On Assets are expected to go to 0.02 this year. Return On Assets is a profitability ratio that indicates the percentage of profit Corteva earns in relation to its overall resources. It is calculated by dividing net income by total assets. View All Fundamentals
 
Return On Assets  
First Reported
2010-12-31
Previous Quarter
0.01709461
Current Value
0.0179
Quarterly Volatility
0.03670708
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Corteva financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Corteva's main balance sheet or income statement drivers, such as Tax Provision of 86.1 M, Interest Income of 147.4 M or Depreciation And Amortization of 1.2 B, as well as many indicators such as Price To Sales Ratio of 1.49, Dividend Yield of 0.0123 or PTB Ratio of 0.88. Corteva financial statements analysis is a perfect complement when working with Corteva Valuation or Volatility modules.
  
Check out the analysis of Corteva Correlation against competitors.
For information on how to trade Corteva Stock refer to our How to Trade Corteva Stock guide.

Latest Corteva's Return On Assets Growth Pattern

Below is the plot of the Return On Assets of Corteva over the last few years. It is a profitability ratio that indicates the percentage of profit a company earns in relation to its overall resources. It is calculated by dividing net income by total assets. Corteva's Return On Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Corteva's overall financial position and show how it may be relating to other accounts over time.
Return On Assets10 Years Trend
Very volatile
   Return On Assets   
       Timeline  

Corteva Return On Assets Regression Statistics

Arithmetic Mean0.01
Geometric Mean0.02
Coefficient Of Variation312.65
Mean Deviation0.02
Median0.02
Standard Deviation0.04
Sample Variance0
Range0.1579
R-Value(0.08)
Mean Square Error0
R-Squared0.01
Significance0.78
Slope(0.0006)
Total Sum of Squares0.02

Corteva Return On Assets History

2024 0.0179
2023 0.0171
2022 0.0269
2021 0.0415
2020 0.016
2019 -0.006368
2018 -0.12

About Corteva Financial Statements

Corteva stakeholders use historical fundamental indicators, such as Corteva's Return On Assets, to determine how well the company is positioned to perform in the future. Although Corteva investors may analyze each financial statement separately, they are all interrelated. For example, changes in Corteva's assets and liabilities are reflected in the revenues and expenses on Corteva's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Corteva. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Assets 0.02  0.02 

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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 the analysis of Corteva Correlation against competitors.
For information on how to trade Corteva Stock refer to our How to Trade Corteva Stock guide.
You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
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
0.96
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.