Continental Balance Sheet Health
Financial Health criteria checks 5/6
Continental has a total shareholder equity of €14.1B and total debt of €6.8B, which brings its debt-to-equity ratio to 48.4%. Its total assets and total liabilities are €37.2B and €23.1B respectively. Continental's EBIT is €1.7B making its interest coverage ratio 7. It has cash and short-term investments of €2.2B.
Key information
48.4%
Debt to equity ratio
€6.84b
Debt
| Interest coverage ratio | 7x |
| Cash | €2.17b |
| Equity | €14.14b |
| Total liabilities | €23.08b |
| Total assets | €37.22b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1CON's short term assets (€18.3B) exceed its short term liabilities (€15.2B).
Long Term Liabilities: 1CON's short term assets (€18.3B) exceed its long term liabilities (€7.8B).
Debt to Equity History and Analysis
Debt Level: 1CON's net debt to equity ratio (33.1%) is considered satisfactory.
Reducing Debt: 1CON's debt to equity ratio has increased from 32.7% to 48.4% over the past 5 years.
Debt Coverage: 1CON's debt is well covered by operating cash flow (49.2%).
Interest Coverage: 1CON's interest payments on its debt are well covered by EBIT (7x coverage).