Covestro AG

Frankfurt Stock Exchange:1COV.F

Sector

🧪 Materials

Industries

🛢 Petrochemicals

🔬 Chemicals & Advanced Materials

⚗️ Plastics

🏗️ Steel

Location

Germany

Market Cap

USD 13.40 B

Share Price

USD 69.85

Avg Daily Volume

255

Change (1 day)

0.28%

Change (1 year)

27.31%

Change (YTD)

19.35%

Covestro AG Quick Ratio for the year ending December 31, 2024: 0.82

Covestro AG Quick Ratio is 0.82 for the year ending December 31, 2024, a -21.56% change year over year. Quick ratio measures the short-term obligations coverage with liquid assets; higher ratio indicates strong liquidity position.

Covestro AG Quick Ratio for the year ending December 31, 2023 was 1.04, a -17.58% change year over year.
Covestro AG Quick Ratio for the year ending December 31, 2022 was 1.26, a 12.41% change year over year.
Covestro AG Quick Ratio for the year ending December 31, 2021 was 1.12, a -41.39% change year over year.
Covestro AG Quick Ratio for the year ending December 31, 2020 was 1.92, a 45.49% change year over year.

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Key data

Date	Quick Ratio	Current Ratio	Interest Coverage Ratio	Return on Capital Employed (ROCE)

Frankfurt Stock Exchange: 1COV.F

Covestro AG

CEO	Dr. Markus Steilemann Ph.D.
IPO Date	Oct. 6, 2015
Location	Germany
Headquarters	Kaiser-Wilhelm-Allee 60
Employees	17,578
Sector	🧪 Materials
Industries Petrochemicals 🔬 Chemicals & Advanced Materials ⚗️ Plastics 🏗️ Steel

Description

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 comprises a range of polymer products, including precursors for coatings and adhesives, polycarbonates, MDI specialties and polyols, specialty films, elastomers, and thermoplastic polyurethanes that are used in automotive and transportation, electrical, electronics and household appliances, construction, and healthcare industries, as well as composite resins for wind turbine, rotor blades, laptop cases, and floodlights. The company markets its products through trading houses and distributors. It operates in Europe, the Middle East, Africa, Latin America, the United States, Canada, and the People's Republic of China. The company was founded in 1863 and is headquartered in Leverkusen, Germany.