Covestro AG (ETR: 1COV)

Covestro AG Balance Sheet

Financials in millions EUR. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	539	625	1,198	649	1,404	748
Short-Term Investments	-	-	-	65	771	-
Cash & Short-Term Investments	539	625	1,198	714	2,175	748
Cash Growth	-48.76%	-47.83%	67.79%	-67.17%	190.78%	-13.53%
Accounts Receivable	1,954	1,962	2,073	2,405	1,636	1,604
Other Receivables	602	534	499	500	232	350
Receivables	2,556	2,775	2,589	3,299	2,228	1,965
Inventory	2,726	2,459	2,814	2,914	1,663	1,916
Other Current Assets	270	32	68	34	124	98
Total Current Assets	6,091	5,891	6,669	6,961	6,190	4,727
Property, Plant & Equipment	5,678	5,795	5,801	6,032	5,175	5,286
Long-Term Investments	237	204	209	199	187	205
Goodwill	707	711	729	757	255	264
Other Intangible Assets	486	477	545	657	75	78
Long-Term Accounts Receivable	-	11	10	8	8	8
Long-Term Deferred Tax Assets	275	316	345	818	925	851
Long-Term Deferred Charges	-	-	-	-	6	5
Other Long-Term Assets	389	159	166	131	98	89
Total Assets	13,863	13,637	14,585	15,571	12,924	11,518
Accounts Payable	1,975	1,895	2,016	2,214	1,241	1,431
Accrued Expenses	-	390	171	117	107	129
Current Portion of Long-Term Debt	887	542	154	62	502	10
Current Portion of Leases	-	110	135	130	111	131
Current Income Taxes Payable	68	48	149	239	74	69
Current Unearned Revenue	-	79	85	63	37	23
Other Current Liabilities	703	234	345	781	292	342
Total Current Liabilities	3,633	3,298	3,055	3,606	2,364	2,135
Long-Term Debt	1,950	2,107	2,757	1,718	1,716	997
Long-Term Leases	734	633	611	631	561	604
Long-Term Unearned Revenue	-	20	16	12	9	7
Long-Term Deferred Tax Liabilities	233	256	312	300	179	206
Other Long-Term Liabilities	271	241	226	343	328	350
Total Liabilities	7,195	7,019	7,463	7,809	7,280	6,264
Common Stock	189	189	190	193	193	183
Retained Earnings	2,334	2,291	2,480	3,002	1,280	1,122
Comprehensive Income & Other	4,126	4,110	4,416	4,501	4,134	3,902
Total Common Equity	6,649	6,590	7,086	7,696	5,607	5,207
Minority Interest	19	28	36	66	37	47
Shareholders' Equity	6,668	6,618	7,122	7,762	5,644	5,254
Total Liabilities & Equity	13,863	13,637	14,585	15,571	12,924	11,518
Total Debt	3,571	3,392	3,657	2,541	2,890	1,742
Net Cash (Debt)	-3,032	-2,767	-2,459	-1,827	-715	-994
Net Cash Per Share	-16.06	-14.62	-12.88	-9.46	-3.87	-5.44
Filing Date Shares Outstanding	188.74	188.74	189.95	193.2	193.16	182.86
Total Common Shares Outstanding	188.74	188.74	189.95	193.2	193.16	182.86
Working Capital	2,458	2,593	3,614	3,355	3,826	2,592
Book Value Per Share	35.23	34.92	37.30	39.83	29.03	28.47
Tangible Book Value	5,456	5,402	5,812	6,282	5,277	4,865
Tangible Book Value Per Share	28.91	28.62	30.60	32.52	27.32	26.60
Land	-	4,049	4,052	3,871	3,499	3,427
Machinery	-	15,129	15,041	14,424	12,953	12,622
Construction In Progress	-	1,043	937	920	844	1,188

Source: S&P Capital IQ. Standard template. Financial Sources.