Amcor Balance Sheet Health
Financial Health criteria checks 3/6
Amcor has a total shareholder equity of $4.0B and total debt of $7.2B, which brings its debt-to-equity ratio to 177.6%. Its total assets and total liabilities are $16.7B and $12.7B respectively. Amcor's EBIT is $1.2B making its interest coverage ratio 4.3. It has cash and short-term investments of $437.0M.
Key information
177.6%
Debt to equity ratio
US$7.15b
Debt
| Interest coverage ratio | 4.3x |
| Cash | US$437.00m |
| Equity | US$4.03b |
| Total liabilities | US$12.70b |
| Total assets | US$16.73b |
Recent financial health updates
Amcor (ASX:AMC) Has A Pretty Healthy Balance Sheet
Jul 09
We Think Amcor (ASX:AMC) Can Stay On Top Of Its Debt
Jan 20Amcor (ASX:AMC) Seems To Use Debt Quite Sensibly
Oct 04Amcor (ASX:AMC) Has A Pretty Healthy Balance Sheet
Mar 25These 4 Measures Indicate That Amcor (ASX:AMC) Is Using Debt Reasonably Well
Dec 10Recent updates
Amcor (ASX:AMC) Has A Pretty Healthy Balance Sheet
Jul 09Is Amcor plc (ASX:AMC) Trading At A 44% Discount?
Jun 07Amcor's (ASX:AMC) Shareholders Will Receive A Bigger Dividend Than Last Year
May 07Do Amcor's (ASX:AMC) Earnings Warrant Your Attention?
Apr 27We Think Amcor (ASX:AMC) Can Stay On Top Of Its Debt
Jan 20Amcor plc's (ASX:AMC) CEO Compensation Looks Acceptable To Us And Here's Why
Nov 04Is Amcor plc (ASX:AMC) Trading At A 44% Discount?
Oct 21Amcor (ASX:AMC) Seems To Use Debt Quite Sensibly
Oct 04Here's Why We Think Amcor (ASX:AMC) Is Well Worth Watching
Sep 19Amcor (ASX:AMC) Will Pay A Dividend Of AU$0.16
Aug 20Estimating The Fair Value Of Amcor plc (ASX:AMC)
Jul 18If You Like EPS Growth Then Check Out Amcor (ASX:AMC) Before It's Too Late
Jun 12Is Amcor plc (ASX:AMC) A Good Dividend Stock?
May 11Is Amcor plc (ASX:AMC) Trading At A 25% Discount?
Apr 09Amcor (ASX:AMC) Has A Pretty Healthy Balance Sheet
Mar 25Did You Miss Amcor's (ASX:AMC) 20% Share Price Gain?
Mar 10Should You Be Impressed By Amcor plc's (ASX:AMC) ROE?
Feb 25Are Dividend Investors Getting More Than They Bargained For With Amcor plc's (ASX:AMC) Dividend?
Feb 10
Need To Know: Amcor plc (ASX:AMC) Insiders Have Been Buying Shares
Jan 28What Kind Of Investors Own Most Of Amcor plc (ASX:AMC)?
Jan 16Is There More To The Story Than Amcor's (ASX:AMC) Earnings Growth?
Jan 04Amcor plc's (ASX:AMC) Intrinsic Value Is Potentially 41% Above Its Share Price
Dec 22These 4 Measures Indicate That Amcor (ASX:AMC) Is Using Debt Reasonably Well
Dec 10Amcor (ASX:AMC) Has Compensated Shareholders With A Respectable 44% Return On Their Investment
Nov 28Financial Position Analysis
Short Term Liabilities: AMC's short term assets ($5.0B) exceed its short term liabilities ($4.0B).
Long Term Liabilities: AMC's short term assets ($5.0B) do not cover its long term liabilities ($8.7B).
Debt to Equity History and Analysis
Debt Level: AMC's net debt to equity ratio (166.7%) is considered high.
Reducing Debt: AMC's debt to equity ratio has reduced from 775.7% to 177.6% over the past 5 years.
Debt Coverage: AMC's debt is not well covered by operating cash flow (18.8%).
Interest Coverage: AMC's interest payments on its debt are well covered by EBIT (4.3x coverage).