Sealed Air Balance Sheet Health
Financial Health criteria checks 3/6
Sealed Air has a total shareholder equity of $650.1M and total debt of $4.6B, which brings its debt-to-equity ratio to 706.6%. Its total assets and total liabilities are $7.3B and $6.6B respectively. Sealed Air's EBIT is $824.4M making its interest coverage ratio 3.1. It has cash and short-term investments of $388.6M.
Key information
706.6%
Debt to equity ratio
US$4.59b
Debt
| Interest coverage ratio | 3.1x |
| Cash | US$388.60m |
| Equity | US$650.10m |
| Total liabilities | US$6.62b |
| Total assets | US$7.27b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: S1EA34's short term assets ($2.1B) exceed its short term liabilities ($1.6B).
Long Term Liabilities: S1EA34's short term assets ($2.1B) do not cover its long term liabilities ($5.0B).
Debt to Equity History and Analysis
Debt Level: S1EA34's net debt to equity ratio (646.8%) is considered high.
Reducing Debt: S1EA34 had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: S1EA34's debt is not well covered by operating cash flow (18.2%).
Interest Coverage: S1EA34's interest payments on its debt are well covered by EBIT (3.1x coverage).