Continental Balance Sheet Health
Financial Health criteria checks 5/6
Continental has a total shareholder equity of €14.2B and total debt of €7.7B, which brings its debt-to-equity ratio to 54.2%. Its total assets and total liabilities are €37.0B and €22.8B respectively. Continental's EBIT is €2.0B making its interest coverage ratio 7.9. It has cash and short-term investments of €2.1B.
Key information
54.2%
Debt to equity ratio
€7.70b
Debt
| Interest coverage ratio | 7.9x |
| Cash | €2.13b |
| Equity | €14.20b |
| Total liabilities | €22.80b |
| Total assets | €36.99b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1CON's short term assets (€18.4B) exceed its short term liabilities (€14.7B).
Long Term Liabilities: 1CON's short term assets (€18.4B) exceed its long term liabilities (€8.1B).
Debt to Equity History and Analysis
Debt Level: 1CON's net debt to equity ratio (39.2%) is considered satisfactory.
Reducing Debt: 1CON's debt to equity ratio has increased from 37.1% to 54.2% over the past 5 years.
Debt Coverage: 1CON's debt is well covered by operating cash flow (40.6%).
Interest Coverage: 1CON's interest payments on its debt are well covered by EBIT (7.9x coverage).