CVVTF
Price:
$60.9858
Market Cap:
$10.62B
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
2017-02-02
Stock Exchange
PNK
Ticker
CVVTF
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), CVVTF'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 (CVVTF) 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 greater than Akzo Nobel N.V. (1.21), greater than L'Air Liquide S.A. (0.77), less than Asia Carbon Industries, Inc. (2.99), greater than Akzo Nobel N.V. (1.21), less than Avoca LLC (0), less than DuPont de Nemours, Inc. (2.28), greater than Eastman Chemical Company (1.52), greater than Olin Corporation (1.40), less than Cabot Corporation (2.08), less than Kronos Worldwide, Inc. (2.68), greater than PPG Industries, Inc. (1.58), greater than Air Products and Chemicals, Inc. (1.52), greater than Linde plc (0.96), greater than Ecolab Inc. (1.30), less than LyondellBasell Industries N.V. (2.13), greater than The Sherwin-Williams Company (0.83), less than Albemarle Corporation (2.44), less than Livent Corporation (3.46),
Company | Current Ratio | Market cap |
---|---|---|
1.21 | $10.08B | |
0.77 | $93.30B | |
2.99 | $5.61K | |
1.21 | $9.82B | |
0 | $8.46M | |
2.28 | $32.03B | |
1.52 | $10.63B | |
1.40 | $3.94B | |
2.08 | $4.99B | |
2.68 | $1.11B | |
1.58 | $27.93B | |
1.52 | $65.12B | |
0.96 | $201.41B | |
1.30 | $67.32B | |
2.13 | $24.08B | |
0.83 | $86.46B | |
2.44 | $10.38B | |
3.46 | $2.97B |
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