Covestro AG
Covestro AG supplies high-tech polymer materials and 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 … Read more
Covestro AG (CVVTF) - Total Assets
Latest total assets as of September 2025: $13.25 Billion USD
Based on the latest financial reports, Covestro AG (CVVTF) holds total assets worth $13.25 Billion USD as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Covestro AG - Total Assets Trend (2012–2024)
This chart illustrates how Covestro AG’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Covestro AG - Asset Composition Analysis
Current Asset Composition (December 2024)
Covestro AG's total assets of $13.25 Billion consist of 42.3% current assets and 57.7% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 3.7% |
| Accounts Receivable | $2.00 Billion | 14.6% |
| Inventory | $2.85 Billion | 20.9% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $471.00 Million | 3.5% |
| Goodwill | $719.00 Million | 5.3% |
Asset Composition Trend (2012–2024)
This chart illustrates how Covestro AG's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Covestro AG's current assets represent 42.3% of total assets in 2024, an increase from 37.8% in 2012.
- Cash Position: Cash and equivalents constituted 3.7% of total assets in 2024, up from 0.4% in 2012.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 8.0% of total assets, an increase from 4.0% in 2012.
- Asset Diversification: The largest asset category is inventory at 20.9% of total assets.
Covestro AG Competitors by Total Assets
Key competitors of Covestro AG based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Akzo Nobel N.V
OTCQX:AKZOF
|
USA | $13.95 Billion |
|
YeSUN Tech Co.Ltd.
KQ:250930
|
Korea | ₩51.65 Billion |
|
Hangzhou Flariant Co Ltd
SHG:605566
|
China | CN¥2.55 Billion |
|
Samhwa Paint
KO:000390
|
Korea | ₩617.09 Billion |
|
DL Holdings CO. LTD.
KO:000210
|
Korea | ₩12.05 Trillion |
|
Norooholdings
KO:000320
|
Korea | ₩1.26 Trillion |
|
Noroo Holdings Co Ltd
KO:000325
|
Korea | ₩1.26 Trillion |
|
Chongqing Sanxia Paints Co Ltd
SHE:000565
|
China | CN¥1.65 Billion |
Covestro AG - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Strong asset utilization - Covestro AG generates 1.04x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Covestro AG is currently not profitable relative to its asset base.
Covestro AG - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.36 | 1.68 | 2.62 |
| Quick Ratio | 0.73 | 0.93 | 1.92 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $1.49 Billion | $ 2.46 Billion | $ 3.83 Billion |
Covestro AG - Advanced Valuation Insights
This section examines the relationship between Covestro AG's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.73 |
| Latest Market Cap to Assets Ratio | 0.74 |
| Asset Growth Rate (YoY) | 0.0% |
| Total Assets | $13.63 Billion |
| Market Capitalization | $10.12 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Covestro AG's assets below their book value (0.74 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Covestro AG's assets decreased by 0.0% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Covestro AG (2012–2024)
The table below shows the annual total assets of Covestro AG from 2012 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $13.63 Billion | -0.04% |
| 2023-12-31 | $13.64 Billion | -6.50% |
| 2022-12-31 | $14.59 Billion | -6.33% |
| 2021-12-31 | $15.57 Billion | +20.48% |
| 2020-12-31 | $12.92 Billion | +12.21% |
| 2019-12-31 | $11.52 Billion | +3.92% |
| 2018-12-31 | $11.08 Billion | -2.27% |
| 2017-12-31 | $11.34 Billion | +10.82% |
| 2016-12-31 | $10.23 Billion | -2.82% |
| 2015-12-31 | $10.53 Billion | +1.34% |
| 2014-12-31 | $10.39 Billion | +2.56% |
| 2013-12-31 | $10.13 Billion | -3.17% |
| 2012-12-31 | $10.46 Billion | -- |