Covestro AG
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Covestro AG's balance sheet done over the years? Its assets were worth $13,637,000,000 last year, which is less than in the previous period. 51% of Covestro AG’s total assets is currently financed by debt. Its liabilities reached the amount of $7,019,000,000, which means an decrease by -6% compared compared to last year.
Debt to Assets
| 2014 | 10392000000 | 8.60B | 82.8% |
|---|---|---|---|
| 2015 | 10531000000 | 6.91B | 65.7% |
| 2016 | 10234000000 | 6.01B | 58.8% |
| 2017 | 11341000000 | 5.97B | 52.69% |
| 2018 | 11084000000 | 5.70B | 51.51% |
| 2019 | 11518000000 | 6.26B | 54.38% |
| 2020 | 12924000000 | 7.28B | 56.33% |
| 2021 | 15571000000 | 7.80B | 50.15% |
| 2022 | 14585000000 | 7.46B | 51.17% |
| 2023 | 13637000000 | 7.01B | 51.47% |
COVTY Balance Sheet (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 625M | 1.19B | 649M | 1.40B | 748M | 865M | 1.23B | 267M | 642M | 201M |
Short term investments | 13M | 52M | 65M | 771M | -42M | 0 | 265M | 0 | -87M | 0 |
Net receivables | 1.96B | 2.56B | 2.84B | 1.87B | 1.97B | 0 | 1.88B | 0 | 1.48B | 1.56B |
Inventory | 2.45B | 2.81B | 2.91B | 1.66B | 1.91B | 2.21B | 1.91B | 1.72B | 1.78B | 1.90B |
Other current assets | 836M | 2.65B | 394M | 396M | 12M | 2.20B | 707M | 2.28B | 325M | 716M |
Total current assets | 5.89B | 6.66B | 6.96B | 6.19B | 4.72B | 5.28B | 5.73B | 4.26B | 4.23B | 4.38B |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 5.79B | 5.80B | 6.03B | 5.17B | 5.28B | 4.40B | 4.29B | 4.65B | 4.93B | 4.89B |
Goodwill | 711M | 729M | 757M | 255M | 264M | 256M | 253M | 264M | 261M | 243M |
Intangible assets | 477M | 603M | 706M | 109M | 114M | 77M | 81M | 97M | 132M | 133M |
Long term investments | 204M | 268M | 142M | -584M | 247M | 0 | 259M | 0 | 320M | 222M |
Other non-current assets | 213M | 170M | 155M | 854M | 29M | 277M | 15M | 302M | 7M | 107M |
Total non-current assets | 7.74B | 7.91B | 8.61B | 6.73B | 6.79B | 5.80B | 5.60B | 5.96B | 6.29B | 6.01B |
Total assets | 13.63B | 14.58B | 15.57B | 12.92B | 11.51B | 11.08B | 11.34B | 10.23B | 10.53B | 10.39B |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 66M | 74M | 1.05B | 381M | 437M | 268M | 867M | 805M | 2.7B | 4.18B |
Short term debt | 651M | 289M | 180M | 613M | 141M | 47M | 575M | 103M | 2.47B | 3.93B |
Total current liabilities | 3.29B | 3.05B | 3.60B | 2.36B | 2.13B | 2.58B | 3.09B | 2.47B | 4.56B | 6.03B |
| Non-current liabilities: | ||||||||||
Long term debt | 2.73B | 3.36B | 2.34B | 2.27B | 1.60B | 1.16B | 1.21B | 1.78B | 372M | 779M |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 1.24B | 713M | 1.54B | 2.45B | 2.31B | 18M | 1.67B | 1.58B | 1.98B | 1.78B |
Total non-current liabilities | 3.98B | 4.40B | 4.20B | 4.91B | 4.12B | 3.12B | 2.88B | 3.54B | 2.35B | 2.56B |
Total liabilities | 7.01B | 7.46B | 7.80B | 7.28B | 6.26B | 5.70B | 5.97B | 6.01B | 6.91B | 8.60B |