COVTY
Price:
$29.73
Market Cap:
$10.77B
Covestro AG supplies high-tech polymer materials and related application solutions. It operates in two segments, Performance Materials, and Solutions & Specialties. The Performance Materials segment develops, produces, and supplies high-performance materials, such as polyurethanes and polycarbonates, and base chemicals, which include diphenylmethane diisocyanate (MDI), toluylene diisocyanate, long-chain polyols, and polycarbonate resins for use in furniture and wood processing, construction, automotive, and transportation industries, as well as roof structures, insulation for buildings and refrigerators, mattresses, car seats, and other applications. The Solutions & Specialties segment compr...[Read more]
Industry
Chemicals - Specialty
IPO Date
2016-03-22
Stock Exchange
PNK
Ticker
COVTY
According to Covestro AG’s latest financial reports and current stock price. The company's current Current Ratio is 1.68. This represents a change of -3.28% compared to the average of 1.73 of the last 4 quarters.
The mean historical Current Ratio of Covestro AG over the last ten years is 1.80. The current 1.68 Current Ratio has changed 9.21% with respect to the historical average. Over the past ten years (40 quarters), COVTY's Current Ratio was at its highest in in the September 2020 quarter at 3.03. The Current Ratio was at its lowest in in the March 2015 quarter at 0.
Average
1.80
Median
1.89
Minimum
0.73
Maximum
2.62
Discovering the peaks and valleys of Covestro AG Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 85.83%
Maximum Annual Current Ratio = 2.62
Minimum Annual Increase = -26.28%
Minimum Annual Current Ratio = 0.73
Year | Current Ratio | Change |
---|---|---|
2023 | 1.79 | -18.17% |
2022 | 2.18 | 13.08% |
2021 | 1.93 | -26.28% |
2020 | 2.62 | 18.26% |
2019 | 2.21 | 8.25% |
2018 | 2.05 | 10.24% |
2017 | 1.86 | 7.55% |
2016 | 1.73 | 85.83% |
2015 | 0.93 | 27.95% |
2014 | 0.73 | 4.56% |
The current Current Ratio of Covestro AG (COVTY) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
1.97
5-year avg
2.15
10-year avg
1.80
Covestro AG’s Current Ratio is less than Symrise AG (0), less than Fuchs Petrolub SE (2.97), less than Linde plc (1.99), greater than H.B. Fuller Company (0.96), less than Minerals Technologies Inc. (1.89), less than Quaker Chemical Corporation (2.46), less than Oil-Dri Corporation of America (2.54), less than Sensient Technologies Corporation (2.21), less than Akzo Nobel N.V. (3.74), greater than L'Air Liquide S.A. (1.21), greater than Asia Carbon Industries, Inc. (0.77), less than Akzo Nobel N.V. (2.99), greater than Avoca LLC (1.21), less than null (0),
Company | Current Ratio | Market cap |
---|---|---|
0 | $15.42B | |
2.97 | $5.35B | |
1.99 | $216.55B | |
0.96 | $4.16B | |
1.89 | $2.66B | |
2.46 | $2.94B | |
2.54 | $476.69M | |
2.21 | $3.33B | |
3.74 | $9.92B | |
1.21 | $96.26B | |
0.77 | $5.61K | |
2.99 | $10.31B | |
1.21 | $10.27M | |
0 | $0 |
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