Covestro AG (Covestro AG) Total Liabilities : $7,654 Mil (As of Dec. 2023)

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What is Covestro AG Total Liabilities?

Covestro AG's Total Liabilities for the quarter that ended in Dec. 2023 was $7,654 Mil.

Covestro AG's quarterly Total Liabilities declined from Jun. 2023 ($8,034.67 Mil) to Sep. 2023 ($7,655.28 Mil) and declined from Sep. 2023 ($7,655.28 Mil) to Dec. 2023 ($7,654.31 Mil).

Covestro AG's annual Total Liabilities declined from Dec. 2021 ($8,823.73 Mil) to Dec. 2022 ($7,905.72 Mil) and declined from Dec. 2022 ($7,905.72 Mil) to Dec. 2023 ($7,654.31 Mil).

Covestro AG Total Liabilities Historical Data

The historical data trend for Covestro AG's Total Liabilities can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Covestro AG Total Liabilities Chart

Covestro AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Liabilities

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6,960.00

8,856.45

8,823.73

7,905.72

7,654.31

Covestro AG Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Liabilities	Get a 7-Day Free Trial															7,905.72	8,089.94	8,034.67	7,655.28	7,654.31

Covestro AG Total Liabilities Calculation

Total Liabilities are the liabilities that the company has to pay others. It is a part of the balance sheet of a company that shareholders do not own, and would be obligated to pay back if the company liquidated.

Covestro AG's Total Liabilities for the fiscal year that ended in Dec. 2023 is calculated as

Total Liabilities	=	Total Current Liabilities	+	Total Noncurrent Liabilities
	=	Total Current Liabilities	+	(Long-Term Debt & Capital Lease Obligation	+	Other Long-Term Liabilities
	=	3596.51	+	(2986.914	+	560.524
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit)
	+	0	+	510.36)
	=	7,654

Total Liabilities	=	Total Assets (A: Dec. 2023 )	-	Total Equity (A: Dec. 2023 )
	=	14871.32	-	7217.012
	=	7,654

Covestro AG's Total Liabilities for the quarter that ended in Dec. 2023 is calculated as

Total Liabilities	=	Total Current Liabilities	+	Total Noncurrent Liabilities
	=	Total Current Liabilities	+	(Long-Term Debt & Capital Lease Obligation	+	Other Long-Term Liabilities
	=	3596.51	+	(2986.914	+	560.524
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit)
	+	0	+	510.36)
	=	7,654

Total Liabilities	=	Total Assets (Q: Dec. 2023 )	-	Total Equity (Q: Dec. 2023 )
	=	14871.32	-	7217.012
	=	7,654

Covestro AG Total Liabilities Related Terms

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Covestro AG (Covestro AG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Covestro AG (OTCPK:COVTY) » Definitions » Total Liabilities

Comparable Companies

Traded in Other Exchanges

CVVTF:USA 11COV:Italy 1COVd:UK 0RBE:UK 1COV:Germany 1COV:Austria

Address

Kaiser-Wilhelm-Allee 60, Leverkusen, NW, DEU, 51373

Website

https://www.covestro.com/en

Covestro, formerly Bayer Material Science, was spun off from the Bayer Group in 2015. The firm is a market leader in polyurethanes and polycarbonates, products that the company discovered in the mid-20th century. It also has a sizable speciality chemicals business that is focused on coatings and adhesives. Demand for Covestro's products is driven primarily by cyclical end markets, such as automotive, construction, and furniture.

Covestro AG (Covestro AG) Headlines

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