Continental Balance Sheet Health
Financial Health criteria checks 5/6
Continental has a total shareholder equity of €14.3B and total debt of €7.8B, which brings its debt-to-equity ratio to 54.4%. Its total assets and total liabilities are €37.8B and €23.5B respectively. Continental's EBIT is €1.5B making its interest coverage ratio 6.2. It has cash and short-term investments of €2.3B.
Key information
54.4%
Debt to equity ratio
€7.79b
Debt
Interest coverage ratio | 6.2x |
Cash | €2.35b |
Equity | €14.31b |
Total liabilities | €23.47b |
Total assets | €37.78b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0LQ1's short term assets (€18.6B) exceed its short term liabilities (€15.0B).
Long Term Liabilities: 0LQ1's short term assets (€18.6B) exceed its long term liabilities (€8.4B).
Debt to Equity History and Analysis
Debt Level: 0LQ1's net debt to equity ratio (38%) is considered satisfactory.
Reducing Debt: 0LQ1's debt to equity ratio has increased from 23.9% to 54.4% over the past 5 years.
Debt Coverage: 0LQ1's debt is well covered by operating cash flow (41.2%).
Interest Coverage: 0LQ1's interest payments on its debt are well covered by EBIT (6.2x coverage).