Sealed Air Balance Sheet Health
Financial Health criteria checks 3/6
Sealed Air has a total shareholder equity of $549.5M and total debt of $4.7B, which brings its debt-to-equity ratio to 850%. Its total assets and total liabilities are $7.2B and $6.7B respectively. Sealed Air's EBIT is $822.8M making its interest coverage ratio 3.1. It has cash and short-term investments of $346.1M.
Key information
850.0%
Debt to equity ratio
US$4.67b
Debt
Interest coverage ratio | 3.1x |
Cash | US$346.10m |
Equity | US$549.50m |
Total liabilities | US$6.65b |
Total assets | US$7.20b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SDA's short term assets ($2.0B) exceed its short term liabilities ($1.5B).
Long Term Liabilities: SDA's short term assets ($2.0B) do not cover its long term liabilities ($5.1B).
Debt to Equity History and Analysis
Debt Level: SDA's net debt to equity ratio (787%) is considered high.
Reducing Debt: SDA had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: SDA's debt is not well covered by operating cash flow (11.1%).
Interest Coverage: SDA's interest payments on its debt are well covered by EBIT (3.1x coverage).