What is the equity of Covestro this year?
Covestro has equity of 6.59 B EUR this year.
Covestro Equity 2024
Covestro Equity
6.59 B EUR
Ticker
1COV.DE
ISIN
DE0006062144
WKN
606214
In 2024, Covestro's equity was 6.59 B EUR, a -7% increase from the 7.09 B EUR equity in the previous year.
Covestro Aktienanalyse
What does Covestro do?
Covestro AG is a leading company in the development and manufacturing of high-tech polymer materials. It was originally founded as Bayer MaterialScience in 2003 and spun off as Covestro AG independent from its parent company Bayer in 2015. Its focus is on sustainable solutions for the needs of customers in various industries. History: Covestro AG has a long history. It was founded in 1937 as part of the Bayer Group. Since the 1950s, the company has been focused on plastics production. Over the following decades, it continuously expanded its product portfolio and became a leading manufacturer of polymer materials for various industries. Business model: As a leading company in polymer solutions, Covestro offers a wide range of products for different industrial sectors. Customers can find suitable solutions for their diverse requirements. The showcase includes polycarbonates (PC), polyurethanes (PU), and raw materials for PU systems, polyesters, and coatings. The company is committed to research and development of new technologies for sustainability and environmental protection and invests in new products, process innovations, and business models. It works closely with customers, suppliers, and partners. Segments: Covestro has three main segments: polycarbonates, polyurethanes, and coatings, adhesives & specialties. These segments form the foundation for the various plastic products that the company manufactures and distributes. Covestro's polycarbonate segment is dedicated to the production of polycarbonate sheets, films, and molded parts. Polycarbonate is a lightweight, flexible, and impact-resistant plastic used in many different industries, including electronics, construction, automotive, and medical. The polyurethane segment manufactures polyurethane raw materials for flexible, rigid, and high-insulating PU foams, including the construction industry. PU materials are used in a variety of applications, including car seats, mattresses, and insulation. Covestro's coatings, adhesives & specialties segment encompasses a variety of materials used in the automotive, electronics, furniture, and construction industries. This includes coatings and adhesives, as well as polycarbonate films for electronic devices. Products: Covestro AG offers a wide range of products, including: - Polycarbonate sheets, films, and molded parts for the automotive, electronics, construction, sports, medical, and packaging industries. - Polyurethane raw materials for flexible, rigid, and high-insulating PU foams such as mattresses, insulation, and car seats. - Raw materials for PU systems, such as PU foams, paints, and adhesives. - Specialty coatings and adhesives for the automotive, electronics, furniture, and construction industries. - Raw materials for polyester resins, cleaning and degreasing agents, textile, and paper coatings. Conclusion: Covestro AG is a global company focused on the development and manufacturing of polymer solutions for various industries. The company has a long history in the chemical industry and offers a wide range of products. It maintains close contact with its customers to meet their requirements and needs. Covestro AG also conducts innovative research and development activities to create new technologies and products to achieve sustainability goals. Covestro ist eines der beliebtesten Unternehmen auf Eulerpool.com.Covestro revenue by segment
In the annual report of the Covestro share (DE0006062144, 606214, 1COV.DE), it breaks down its revenues into 4 segments: 1. Polyurethanes, 2. Polycarbonates, 3. Coating, Adhesives, Specialties, 4. All Other. The Covestro stock (WKN: 606214, ISIN: DE0006062144, Ticker Symbol: 1COV.DE) is a leading investment for investors interested in participating in the Materials sector.
47 % Polyurethanes
28 % Polycarbonates
19 % Coating, Adhesives, Specialties
6 % All Other
Equity Details
Analyzing Covestro's Equity
Covestro's equity represents the ownership interest in the company, calculated as the difference between total assets and total liabilities. It reflects the residual claim by shareholders on the company’s assets after all debts have been paid. Understanding Covestro's equity is essential for assessing its financial health, stability, and value to shareholders.
Year-to-Year Comparison
Evaluating Covestro's equity over successive years offers insights into the company's growth, profitability, and capital structure. Increasing equity indicates an enhancement in net assets and financial health, while decreasing equity could point to rising debts or operational challenges.
Impact on Investments
Covestro's equity is a crucial element for investors, influencing the company's leverage, risk profile, and return on equity (ROE). Higher equity levels generally suggest lower risk and enhanced financial stability, making the company a potentially attractive investment opportunity.
Interpreting Equity Fluctuations
Fluctuations in Covestro’s equity can arise from various factors, including changes in net income, dividend payments, and issuance or buyback of shares. Investors analyze these shifts to gauge the company's financial performance, operational efficiency, and strategic financial management.
Frequently Asked Questions about Covestro Stock
What was the equity of Covestro compared to the previous year?
The equity of Covestro has increased/decreased by -7% decreased compared to the previous year.
What impact does a high equity have on investors of Covestro?
A high equity is advantageous for investors of Covestro as it is an indicator of the company's financial stability and its ability to manage risks and challenges.
What impact does low equity have on investors of Covestro?
A low equity can be a risk for investors of Covestro, as it can put the company in a weaker financial position and impair its ability to manage risks and challenges.
How does an increase in equity of Covestro affect the company?
An increase in equity of Covestro can strengthen the company's financial position and improve its ability to make investments in the future.
How does a reduction in the equity of Covestro affect the company?
A reduction in equity of Covestro can affect the financial situation of the company and lead to a higher dependence on debt capital.
What are some factors that influence the equity of Covestro?
Some factors that can affect the equity of Covestro include profits, dividend payments, capital increases, and acquisitions.
Why is the equity of Covestro so important for investors?
The equity of Covestro is important for investors as it is an indicator of the financial strength of the company and can be an indication of how well the company is able to fulfill its financial obligations.
What strategic measures can Covestro take to change the equity?
To change equity, Covestro can take various measures such as increasing profits, conducting capital increases, reducing expenses, and acquiring companies. It is important for the company to perform a thorough review of its financial situation to determine the best strategic actions to modify its equity.
How much dividend does Covestro pay?
Over the past 12 months, Covestro paid a dividend of 3.4 EUR . This corresponds to a dividend yield of about 6.84 %. For the coming 12 months, Covestro is expected to pay a dividend of 0 EUR.
What is the dividend yield of Covestro?
The current dividend yield of Covestro is 6.84 %.
When does Covestro pay dividends?
Covestro pays a quarterly dividend. This is distributed in the months of August, May, May, May.
How secure is the dividend of Covestro?
Covestro paid dividends every year for the past 6 years.
What is the dividend of Covestro?
For the upcoming 12 months, dividends amounting to 0 EUR are expected. This corresponds to a dividend yield of 0 %.
In which sector is Covestro located?
Covestro is assigned to the 'Commodities' sector.
Wann musste ich die Aktien von Covestro kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Covestro from 4/26/2022 amounting to 3.4 EUR, you needed to have the stock in your portfolio before the ex-date on 4/22/2022.
When did Covestro pay the last dividend?
The last dividend was paid out on 4/26/2022.
What was the dividend of Covestro in the year 2023?
In the year 2023, Covestro distributed 3.4 EUR as dividends.
In which currency does Covestro pay out the dividend?
The dividends of Covestro are distributed in EUR.
Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.
The Covestro stock can be added to a savings plan with the following providers: Trade Republic, ING, Scalable Capital and Consorsbank
Andere Kennzahlen von Covestro
Our stock analysis for Covestro Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Covestro Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
