Covestro AG (Covestro AG) Total Stockholders Equity : $7,186 Mil (As of Dec. 2023)

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What is Covestro AG Total Stockholders Equity?

Covestro AG's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $7,186 Mil. It refers to the net assets owned by shareholders. It does not include minority interest.

Total Stockholders Equity is used to calculate Book Value per Share. Covestro AG's Book Value per Share for the quarter that ended in Dec. 2023 was $19.04. The ratio of a company's debt over equity can be used to measure how leveraged this company is. Covestro AG's Debt-to-Equity for the quarter that ended in Dec. 2023 was 0.51.

Covestro AG Total Stockholders Equity Historical Data

The historical data trend for Covestro AG's Total Stockholders Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Covestro AG Total Stockholders Equity Chart

Covestro AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Stockholders Equity

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5,785.56

6,821.17

8,696.05

7,506.36

7,186.48

Covestro AG Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Stockholders Equity	Get a 7-Day Free Trial															7,506.36	7,493.58	7,417.12	7,517.61	7,186.48

Covestro AG (OTCPK:COVTY) Total Stockholders Equity Explanation

1. Total Stockholders Equity is used to calculate Book Value per Share.

Covestro AG's Book Value per Share for the quarter that ended in Dec. 2023 is

Book Value per Share	=	(Total Stockholders Equity	-	Preferred Stock)	/	Shares Outstanding (EOP)
	=	(7186.478	-	0)	/	377.481
	=	19.04

2. The ratio of a company's debt over equity can be used to measure how leveraged this company is.

Covestro AG's Debt-to-Equity for the quarter that ended in Dec. 2023 is

Debt-to-Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(709.924	+	2986.914)	/	7186.478
	=	0.51

Covestro AG Total Stockholders Equity Related Terms

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Covestro AG (Covestro AG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Covestro AG (OTCPK:COVTY) » Definitions » Total Stockholders Equity

Comparable Companies

Traded in Other Exchanges

CVVTF:USA 11COV:Italy 1COVd:UK 0RBE:UK 1COV:Germany 1COV:Austria

Address

Kaiser-Wilhelm-Allee 60, Leverkusen, NW, DEU, 51373

Website

https://www.covestro.com/en

Covestro, formerly Bayer Material Science, was spun off from the Bayer Group in 2015. The firm is a market leader in polyurethanes and polycarbonates, products that the company discovered in the mid-20th century. It also has a sizable speciality chemicals business that is focused on coatings and adhesives. Demand for Covestro's products is driven primarily by cyclical end markets, such as automotive, construction, and furniture.

Covestro AG (Covestro AG) Headlines

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