AptarGroup Balance Sheet Health
Financial Health criteria checks 6/6
AptarGroup has a total shareholder equity of $2.4B and total debt of $1.1B, which brings its debt-to-equity ratio to 46.9%. Its total assets and total liabilities are $4.4B and $2.1B respectively. AptarGroup's EBIT is $471.0M making its interest coverage ratio 13.9. It has cash and short-term investments of $201.1M.
Key information
46.9%
Debt to equity ratio
US$1.11b
Debt
Interest coverage ratio | 13.9x |
Cash | US$201.06m |
Equity | US$2.36b |
Total liabilities | US$2.07b |
Total assets | US$4.44b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AGT's short term assets ($1.6B) exceed its short term liabilities ($1.2B).
Long Term Liabilities: AGT's short term assets ($1.6B) exceed its long term liabilities ($878.0M).
Debt to Equity History and Analysis
Debt Level: AGT's net debt to equity ratio (38.4%) is considered satisfactory.
Reducing Debt: AGT's debt to equity ratio has reduced from 81.7% to 46.9% over the past 5 years.
Debt Coverage: AGT's debt is well covered by operating cash flow (51.4%).
Interest Coverage: AGT's interest payments on its debt are well covered by EBIT (13.9x coverage).