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
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 485's short term assets ($5.2B) exceed its short term liabilities ($4.1B).
Long Term Liabilities: 485's short term assets ($5.2B) do not cover its long term liabilities ($8.8B).
Debt to Equity History and Analysis
Debt Level: 485's net debt to equity ratio (173.8%) is considered high.
Reducing Debt: 485's debt to equity ratio has increased from 105% to 184.6% over the past 5 years.
Debt Coverage: 485's debt is not well covered by operating cash flow (16.1%).
Interest Coverage: 485's interest payments on its debt are well covered by EBIT (4.1x coverage).