| COVTY Stock | | | USD 30.24 0.51 1.72% |
Executive
Dr. Markus Steilemann is redesignated as Chairman of the Management Board, Chief Executive Officer of the Company effective August 1, 2019. He is currently Chairman of the Management Board, Chief Executive Officer, Chief Commercial Officer of Covestro AG since June 1, 2018. He was Chief Marketing Officer, Member of the Management Board from 2017, Member of the Management Board, responsible for innovation and Head of Business Unit Polyurethanes segment from 2016, Member of the Management Board, Head of Innovation at Covestro AG from 2015. He holds a Ph.D. in technical chemistry and a master degree in chemistry as well as chemical economics from RWTH Aachen University. In 1999, Dr. Steilemann joined Bayer Group as an internal consultant in the company former corporate planning division. He held various positions of increasing responsibility and gained broad experience of business modeling, organizational development and supply chain. In January 2008, Dr. Steilemann transferred to the Polycarbonates Business Unit of Covestros predecessor company Bayer Material Science in Hong Kong, where he headed a number of regional business segments. He relocated to the global headquarters of the Polycarbonates Business Unit in Shanghai in August 2011. In July 2012, he was appointed head of Global Industrial Marketing and on April 1, 2013 he became head of the Polycarbonates Business Unit. since 2018.
| Age | 53 |
| Tenure | 6 years |
| Phone | 49 214 6009 2000 |
| Web | https://www.covestro.com |
Covestro ADR Management Efficiency
The company has return on total asset
(ROA) of
0.0533 % which means that it generated a profit of $0.0533 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity
(ROE) of
0.1162 %, meaning that it generated $0.1162 on every $100 dollars invested by stockholders. Covestro ADR's management efficiency ratios could be used to measure how well Covestro ADR manages its routine affairs as well as how well it operates its assets and liabilities.
Covestro ADR has accumulated 1.72
B in total debt with debt to equity ratio
(D/E) of 0.37, which is about average as compared to similar companies. Covestro ADR has a current ratio of 1.75, which is within standard range for the sector. Debt can assist Covestro ADR until it has trouble settling it off, either with new capital or with free cash flow. So, Covestro ADR's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Covestro ADR sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Covestro to invest in growth at high rates of return. When we think about Covestro ADR's use of debt, we should always consider it together with cash and equity.
Similar Executives
Covestro AG supplies high-tech polymer materials and related application solutions. The company was founded in 1863 and is headquartered in Leverkusen, Germany. Covestro is traded on OTC Exchange in the United States. Covestro ADR [COVTY] is a
Pink Sheet which is traded between brokers over the counter.
Management Performance
Covestro ADR Leadership Team
Elected by the shareholders, the Covestro ADR's board of directors comprises two types of representatives: Covestro ADR inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Covestro. The board's role is to monitor Covestro ADR's management team and ensure that shareholders' interests are well served. Covestro ADR's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Covestro ADR's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Michelle Jou, Head Segment | |
| Michael Friede, Adhesives, Coatings | |
| Sucheta Govil, Chief Board | |
| Joachim Wolff, Head Unit | |
| Markus Steilemann, Member of the Management Board, Head of Innovation | |
| Thomas Toepfer, Labor CFO | |
| Daniel Meyer, Head Segment | |
| Ronald Koehler, Head of Investor Relations | |
| Klaus Schfer, CTO Board | |
| Uwe Arndt, Head Site | |
Covestro Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right pink sheet is not an easy task. Is Covestro ADR a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Additional Tools for Covestro Pink Sheet Analysis
When running Covestro ADR's price analysis, check to
measure Covestro ADR's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Covestro ADR is operating at the current time. Most of Covestro ADR's value examination focuses on studying past and present price action to
predict the probability of Covestro ADR's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Covestro ADR's price. Additionally, you may evaluate how the addition of Covestro ADR to your portfolios can decrease your overall portfolio volatility.