Continental Balance Sheet Health
Financial Health criteria checks 5/6
Continental has a total shareholder equity of €14.1B and total debt of €6.0B, which brings its debt-to-equity ratio to 42.3%. Its total assets and total liabilities are €37.8B and €23.6B respectively. Continental's EBIT is €1.9B making its interest coverage ratio 8.4. It has cash and short-term investments of €2.9B.
Key information
42.3%
Debt to equity ratio
€5.97b
Debt
Interest coverage ratio | 8.4x |
Cash | €2.92b |
Equity | €14.13b |
Total liabilities | €23.63b |
Total assets | €37.75b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CTTA.Y's short term assets (€18.6B) exceed its short term liabilities (€15.5B).
Long Term Liabilities: CTTA.Y's short term assets (€18.6B) exceed its long term liabilities (€8.2B).
Debt to Equity History and Analysis
Debt Level: CTTA.Y's net debt to equity ratio (21.6%) is considered satisfactory.
Reducing Debt: CTTA.Y's debt to equity ratio has increased from 25.1% to 42.3% over the past 5 years.
Debt Coverage: CTTA.Y's debt is well covered by operating cash flow (55.8%).
Interest Coverage: CTTA.Y's interest payments on its debt are well covered by EBIT (8.4x coverage).