What is the debt of Covestro this year?
Covestro has a debt level of 2,893 EUR this year.
Covestro Debt 2024
Covestro Debt
2,893 EUR
Ticker
1COV.DE
ISIN
DE0006062144
WKN
606214
In 2024, Covestro's total debt was 2,893 EUR, a 17.7% change from the 2,458 EUR total debt recorded 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
Debt Details
Understanding Covestro's Debt Structure
Covestro's total debt refers to the cumulative financial obligations the company owes to external parties. This can include short-term and long-term borrowings, bonds, loans, and other financial instruments. Assessing the company's debt levels is crucial for evaluating its financial health, risk profile, and ability to fund operations and expansions.
Year-to-Year Comparison
Analyzing Covestro's debt structure over the years provides insights into the firm’s financial strategy and stability. A reduction in debt can indicate financial strength and operational efficiency, while an increase may signal growth investments or potential financial challenges ahead.
Impact on Investments
Investors pay close attention to Covestro’s debt levels as they can influence the company’s risk and return profiles. Excessive debt can lead to financial strain, while moderate and well-managed debt can be a catalyst for growth and expansion, making it a critical aspect of investment evaluations.
Interpreting Debt Fluctuations
Shifts in Covestro’s debt levels can be attributed to various operational and strategic factors. An increase in debt might be geared towards funding expansion projects or enhancing operational capacity, while a decrease may indicate profit realizations or an approach to minimize financial risk and leverage.
Frequently Asked Questions about Covestro Stock
What was the debt of Covestro compared to the previous year?
The debt of Covestro has increased by 17.7% compared to the previous year increased.
What are the consequences of high debt for investors in Covestro?
High debt can pose a risk for investors of Covestro, as it can weaken the company's financial position and hinder its ability to fulfill its obligations.
What are the consequences of low debt for investors of Covestro?
Low debt means that Covestro has a strong financial position and is able to fulfill its obligations without overburdening its finances.
How does an increase in debt from Covestro affect the company?
An increase in debt of Covestro can adversely affect the financial condition of the company and result in a higher burden on its finances.
How does a reduction of debt of Covestro affect the company?
A reduction in debt of Covestro can strengthen the company's financial position and improve its ability to meet its financial obligations.
What are some factors that influence the debt of Covestro?
Some factors that can influence the debt of Covestro include investments, acquisitions, operating costs, and revenue development.
Why are the debts of Covestro so important for investors?
The debts of Covestro are important for investors as they serve as an indicator of the company's financial stability. It provides investors with information on how the company fulfills its financial obligations.
What strategic measures can Covestro take to change the debt?
To change the debt, Covestro can take measures such as cost savings, increasing revenue, selling assets, making investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to change its debt.
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.
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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.
