Amcor Balance Sheet Health
Financial Health criteria checks 2/6
Amcor has a total shareholder equity of $4.0B and total debt of $7.4B, which brings its debt-to-equity ratio to 184.6%. Its total assets and total liabilities are $16.9B and $12.9B respectively. Amcor's EBIT is $1.3B making its interest coverage ratio 4.1. It has cash and short-term investments of $432.0M.
Key information
184.6%
Debt to equity ratio
US$7.37b
Debt
| Interest coverage ratio | 4.1x |
| Cash | US$432.00m |
| Equity | US$3.99b |
| Total liabilities | US$12.92b |
| Total assets | US$16.91b |
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 25Recent 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 28Financial Position Analysis
Short Term Liabilities: AMC's short term assets ($5.2B) exceed its short term liabilities ($4.1B).
Long Term Liabilities: AMC's short term assets ($5.2B) do not cover its long term liabilities ($8.8B).
Debt to Equity History and Analysis
Debt Level: AMC's net debt to equity ratio (173.8%) is considered high.
Reducing Debt: AMC's debt to equity ratio has increased from 105% to 184.6% over the past 5 years.
Debt Coverage: AMC's debt is not well covered by operating cash flow (16.1%).
Interest Coverage: AMC's interest payments on its debt are well covered by EBIT (4.1x coverage).