Ardagh Metal Packaging Balance Sheet Health
Financial Health criteria checks 0/6
Ardagh Metal Packaging has a total shareholder equity of $29.0M and total debt of $3.5B, which brings its debt-to-equity ratio to 12100%. Its total assets and total liabilities are $5.4B and $5.3B respectively. Ardagh Metal Packaging's EBIT is $186.0M making its interest coverage ratio 1.2. It has cash and short-term investments of $155.0M.
Key information
12,100.0%
Debt to equity ratio
US$3.51b
Debt
Interest coverage ratio | 1.2x |
Cash | US$155.00m |
Equity | US$29.00m |
Total liabilities | US$5.35b |
Total assets | US$5.38b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 7JZ's short term assets ($1.3B) do not cover its short term liabilities ($1.4B).
Long Term Liabilities: 7JZ's short term assets ($1.3B) do not cover its long term liabilities ($4.0B).
Debt to Equity History and Analysis
Debt Level: 7JZ's net debt to equity ratio (11565.5%) is considered high.
Reducing Debt: 7JZ's debt to equity ratio has increased from 2427.8% to 12100% over the past 5 years.
Debt Coverage: 7JZ's debt is not well covered by operating cash flow (15.2%).
Interest Coverage: 7JZ's interest payments on its debt are not well covered by EBIT (1.2x coverage).