Silgan Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Silgan Holdings has a total shareholder equity of $1.9B and total debt of $3.8B, which brings its debt-to-equity ratio to 200.9%. Its total assets and total liabilities are $7.6B and $5.7B respectively. Silgan Holdings's EBIT is $591.9M making its interest coverage ratio 3.4. It has cash and short-term investments of $308.6M.
Key information
200.9%
Debt to equity ratio
US$3.82b
Debt
Interest coverage ratio | 3.4x |
Cash | US$308.64m |
Equity | US$1.90b |
Total liabilities | US$5.67b |
Total assets | US$7.57b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SL3's short term assets ($2.4B) exceed its short term liabilities ($2.3B).
Long Term Liabilities: SL3's short term assets ($2.4B) do not cover its long term liabilities ($3.4B).
Debt to Equity History and Analysis
Debt Level: SL3's net debt to equity ratio (184.7%) is considered high.
Reducing Debt: SL3's debt to equity ratio has reduced from 296.5% to 200.9% over the past 5 years.
Debt Coverage: SL3's debt is not well covered by operating cash flow (14.8%).
Interest Coverage: SL3's interest payments on its debt are well covered by EBIT (3.4x coverage).