What is EIDP Financial Strength?
EIDP has the Financial Strength Rank of 0.
Good Sign:
E.I. du Pont de Nemours & Co shows strong financial strength.
GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors:
1. The debt burden that the company has as measured by its
Interest Coverage (current year). The higher, the better.
2. Debt to revenue ratio. The lower, the better.
3.
Altman Z-Score.
EIDP's Interest Coverage for the quarter that ended in Mar. 2024 was 17.00.
EIDP's debt to revenue ratio for the quarter that ended in Mar. 2024 was 0.26.
As of today, EIDP's Altman Z-Score is 3.20.
Competitive Comparison of EIDP's Financial Strength
For the Agricultural Inputs subindustry, EIDP's Financial Strength, along with its competitors' market caps and Financial Strength data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
EIDP's Financial Strength Distribution in the Agriculture Industry
For the Agriculture industry and Basic Materials sector, EIDP's Financial Strength distribution charts can be found below:
* The bar in red indicates where EIDP's Financial Strength falls into.
EIDP Financial Strength Calculation
GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors
A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.
1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
EIDP's Interest Expense for the
months ended in Mar. 2024 was $-41.00 Mil. Its Operating Income for the
months ended in Mar. 2024 was $697.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $2,492.00 Mil.
EIDP's Interest Coverage for the quarter that ended in Mar. 2024 is
The higher the ratio, the stronger the company's financial strength is.
2. Debt to revenue ratio. The lower, the better.
EIDP's Debt to Revenue Ratio for the quarter that ended in Mar. 2024 is
3. Altman Z-Score.
Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.
The zones of discrimination were as such:
When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.
EIDP has a Z-score of 3.20, indicating it is in Safe Zones. This implies the Z-Score is strong.
Good Sign:
Altman Z-score of 3.2 is strong.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
EIDP (CTAPA.PFD) Business Description
Traded in Other Exchanges
Address
9330 Zionsville Road, Indianapolis, IN, USA, 46268
EIDP Inc formerly, E.I. du Pont de Nemours & Co provides Agricultural solutions to the farmers. The company operates in two segments: seed and crop protection. The seed segment develops and supplies commercial seed combining superior germplasm with advanced traits to produce high yield potential for farmers, while the crop protection segment supplies products to protect crop yields against weeds, insects, and disease. Some of its products include Corn, Soybean, oilseeds, Fungicides, Herbicides, and Insecticides. Its geographical segments include North America, EMEA(Europe, the Middle East, and Africa), Latin America, and the Asia Pacific. Nearly half of the revenue comes from North America.
Executives
| Rajan Gajaria |
officer: EVP, Business Platforms |
C/O CORTEVA, INC., 974 CENTRE ROAD, BLDG. 735, WILMINGTON DE 19805 |
| Fuerer Cornel B |
officer: SVP, Gen Counsel and Secretary |
C/O CORTEVA, INC., 974 CENTRE ROAD, BLDG. 735, WILMINGTON DE 19805 |
| Gregory R Page |
director |
EATON CENTER, 1111 SUPERIOR AVENUE, CLEVELAND OH 44114 |
| Lois D Juliber |
director |
1007 MARKET ST, WILMINGTON DE 19898 |
| Michael O. Johanns |
director |
DEERE & COMPANY, ONE JOHN DEERE PLACE, MOLINE IL 61265 |
| Collins James C. Jr. |
director, officer: Chief Executive Officer |
1007 MARKET STREET, D-9058, WILMINGTON DE 19898 |
| Gregory R Friedman |
officer: Executive VP, CFO |
C/O CORTEVA, INC., 974 CENTRE ROAD, BLDG. 735, WILMINGTON DE 19805 |
| Timothy P Glenn |
officer: EVP, Chief Commercial Officer |
C/O CORTEVA, INC., 974 CENTRE ROAD, BLDG. 735, WILMINGTON DE 19805 |
| Pat Ward |
director |
500 JACKSON STREET, COLUMBUS IN 47201 |
| Lee M Thomas |
director |
133 PEACHTREE ST NE, 41ST FL, ATLANTA GA 30303 |
| Robert A Brown |
director |
1007 MARKET STREET, D-9000, WILMINGTON DE 19898 |
| Lamberto Andreotti |
director |
BRISTOL-MYERS SQUIBB CO, 345 PARK AVENUE, NEW YORK NY 10154 |
| Marcos M Lutz |
director |
C/O CORTEVA AGRISCIENCE, CHESTNUT RUN PLAZA, 735, 974 CENTRE RD, WILMINGTON DE 19805 |
| Rebecca B. Liebert |
director |
PPG INDUSTRIES, INC., ONE PPG PLACE, PITTSBURGH PA 15272 |
| Nayaki R Nayyar |
director |
C/O VERITONE, INC., 575 ANTON BOULEVARD, SUITE 100, COSTA MESA CA 92626 |
EIDP (CTAPA.PFD) Headlines
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