Continental Balance Sheet Health
Financial Health criteria checks 3/6
Continental has a total shareholder equity of €14.1B and total debt of €8.0B, which brings its debt-to-equity ratio to 57%. Its total assets and total liabilities are €38.4B and €24.3B respectively. Continental's EBIT is €1.9B making its interest coverage ratio 13.9. It has cash and short-term investments of €2.3B.
Key information
57.0%
Debt to equity ratio
€8.01b
Debt
| Interest coverage ratio | 13.9x |
| Cash | €2.25b |
| Equity | €14.06b |
| Total liabilities | €24.31b |
| Total assets | €38.37b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CON N's short term assets (€19.7B) exceed its short term liabilities (€16.9B).
Long Term Liabilities: CON N's short term assets (€19.7B) exceed its long term liabilities (€7.4B).
Debt to Equity History and Analysis
Debt Level: CON N's net debt to equity ratio (41%) is considered high.
Reducing Debt: CON N's debt to equity ratio has increased from 26.2% to 57% over the past 5 years.
Debt Coverage: CON N's debt is not well covered by operating cash flow (19.7%).
Interest Coverage: CON N's interest payments on its debt are well covered by EBIT (13.9x coverage).