DS Smith Balance Sheet Health

Financial Health criteria checks 2/6

DS Smith has a total shareholder equity of £3.9B and total debt of £2.5B, which brings its debt-to-equity ratio to 64%. Its total assets and total liabilities are £9.3B and £5.3B respectively. DS Smith's EBIT is £602.0M making its interest coverage ratio 6. It has cash and short-term investments of £499.0M.

Key information

64.0%

Debt to equity ratio

UK£2.53b

Debt

Interest coverage ratio6x
CashUK£499.00m
EquityUK£3.95b
Total liabilitiesUK£5.31b
Total assetsUK£9.25b

Recent financial health updates

Recent updates

Earnings Working Against DS Smith Plc's (LON:SMDS) Share Price

Mar 28
Earnings Working Against DS Smith Plc's (LON:SMDS) Share Price

At UK£3.16, Is DS Smith Plc (LON:SMDS) Worth Looking At Closely?

Feb 11
At UK£3.16, Is DS Smith Plc (LON:SMDS) Worth Looking At Closely?

These 4 Measures Indicate That DS Smith (LON:SMDS) Is Using Debt Reasonably Well

Jan 27
These 4 Measures Indicate That DS Smith (LON:SMDS) Is Using Debt Reasonably Well

Is There An Opportunity With DS Smith Plc's (LON:SMDS) 47% Undervaluation?

Dec 30
Is There An Opportunity With DS Smith Plc's (LON:SMDS) 47% Undervaluation?

DS Smith's (LON:SMDS) Dividend Will Be £0.06

Dec 10
DS Smith's (LON:SMDS) Dividend Will Be £0.06

DS Smith (LON:SMDS) Is Looking To Continue Growing Its Returns On Capital

Dec 04
DS Smith (LON:SMDS) Is Looking To Continue Growing Its Returns On Capital

Is DS Smith (LON:SMDS) Using Too Much Debt?

Oct 17
Is DS Smith (LON:SMDS) Using Too Much Debt?

What Is DS Smith Plc's (LON:SMDS) Share Price Doing?

Oct 02
What Is DS Smith Plc's (LON:SMDS) Share Price Doing?

DS Smith Plc's (LON:SMDS) Intrinsic Value Is Potentially 98% Above Its Share Price

Sep 16
DS Smith Plc's (LON:SMDS) Intrinsic Value Is Potentially 98% Above Its Share Price

Here's Why We Think DS Smith (LON:SMDS) Might Deserve Your Attention Today

Jul 25
Here's Why We Think DS Smith (LON:SMDS) Might Deserve Your Attention Today

DS Smith (LON:SMDS) Is Experiencing Growth In Returns On Capital

Jul 12
DS Smith (LON:SMDS) Is Experiencing Growth In Returns On Capital

What Does DS Smith Plc's (LON:SMDS) Share Price Indicate?

Jun 07
What Does DS Smith Plc's (LON:SMDS) Share Price Indicate?

DS Smith (LON:SMDS) Has A Pretty Healthy Balance Sheet

Apr 24
DS Smith (LON:SMDS) Has A Pretty Healthy Balance Sheet

DS Smith (LON:SMDS) Has More To Do To Multiply In Value Going Forward

Apr 12
DS Smith (LON:SMDS) Has More To Do To Multiply In Value Going Forward

A Look At The Fair Value Of DS Smith Plc (LON:SMDS)

Mar 29
A Look At The Fair Value Of DS Smith Plc (LON:SMDS)

Is Now The Time To Put DS Smith (LON:SMDS) On Your Watchlist?

Mar 17
Is Now The Time To Put DS Smith (LON:SMDS) On Your Watchlist?

Should You Think About Buying DS Smith Plc (LON:SMDS) Now?

Feb 10
Should You Think About Buying DS Smith Plc (LON:SMDS) Now?

Does DS Smith (LON:SMDS) Have A Healthy Balance Sheet?

Jan 06
Does DS Smith (LON:SMDS) Have A Healthy Balance Sheet?

Returns At DS Smith (LON:SMDS) Appear To Be Weighed Down

Dec 23
Returns At DS Smith (LON:SMDS) Appear To Be Weighed Down

DS Smith Plc (LON:SMDS) Reported Earnings Last Week And Analysts Are Already Upgrading Their Estimates

Dec 11
DS Smith Plc (LON:SMDS) Reported Earnings Last Week And Analysts Are Already Upgrading Their Estimates

Estimating The Fair Value Of DS Smith Plc (LON:SMDS)

Dec 08
Estimating The Fair Value Of DS Smith Plc (LON:SMDS)

Is Now The Time To Look At Buying DS Smith Plc (LON:SMDS)?

Oct 08
Is Now The Time To Look At Buying DS Smith Plc (LON:SMDS)?

DS Smith (LON:SMDS) Will Pay A Larger Dividend Than Last Year At £0.102

Sep 20
DS Smith (LON:SMDS) Will Pay A Larger Dividend Than Last Year At £0.102

DS Smith's (LON:SMDS) Upcoming Dividend Will Be Larger Than Last Year's

Sep 06
DS Smith's (LON:SMDS) Upcoming Dividend Will Be Larger Than Last Year's

Is DS Smith Plc (LON:SMDS) Trading At A 43% Discount?

Sep 05
Is DS Smith Plc (LON:SMDS) Trading At A 43% Discount?

Here's Why DS Smith (LON:SMDS) Can Manage Its Debt Responsibly

Aug 06
Here's Why DS Smith (LON:SMDS) Can Manage Its Debt Responsibly

DS Smith (LON:SMDS) Is Increasing Its Dividend To £0.102

Jul 22
DS Smith (LON:SMDS) Is Increasing Its Dividend To £0.102

DS Smith's (LON:SMDS) Dividend Will Be Increased To UK£0.10

Jul 08
DS Smith's (LON:SMDS) Dividend Will Be Increased To UK£0.10

DS Smith's (LON:SMDS) Dividend Will Be Increased To UK£0.10

Jun 24
DS Smith's (LON:SMDS) Dividend Will Be Increased To UK£0.10

What Is DS Smith Plc's (LON:SMDS) Share Price Doing?

May 30
What Is DS Smith Plc's (LON:SMDS) Share Price Doing?

DS Smith (LON:SMDS) Is Increasing Its Dividend To UK£0.048

Mar 23
DS Smith (LON:SMDS) Is Increasing Its Dividend To UK£0.048

Why DS Smith Plc (LON:SMDS) Could Be Worth Watching

Feb 28
Why DS Smith Plc (LON:SMDS) Could Be Worth Watching

DS Smith (LON:SMDS) Is Increasing Its Dividend To UK£0.048

Feb 10
DS Smith (LON:SMDS) Is Increasing Its Dividend To UK£0.048

DS Smith (LON:SMDS) Is Increasing Its Dividend To UK£0.048

Jan 22
DS Smith (LON:SMDS) Is Increasing Its Dividend To UK£0.048

Is DS Smith (LON:SMDS) Using Too Much Debt?

Dec 29
Is DS Smith (LON:SMDS) Using Too Much Debt?

DS Smith (LON:SMDS) Is Increasing Its Dividend To UK£0.048

Dec 12
DS Smith (LON:SMDS) Is Increasing Its Dividend To UK£0.048

When Should You Buy DS Smith Plc (LON:SMDS)?

Nov 11
When Should You Buy DS Smith Plc (LON:SMDS)?

Is There An Opportunity With DS Smith Plc's (LON:SMDS) 41% Undervaluation?

Oct 18
Is There An Opportunity With DS Smith Plc's (LON:SMDS) 41% Undervaluation?

Financial Position Analysis

Short Term Liabilities: SMDS's short term assets (£2.3B) do not cover its short term liabilities (£2.7B).

Long Term Liabilities: SMDS's short term assets (£2.3B) do not cover its long term liabilities (£2.6B).


Debt to Equity History and Analysis

Debt Level: SMDS's net debt to equity ratio (51.3%) is considered high.

Reducing Debt: SMDS's debt to equity ratio has reduced from 88.2% to 64% over the past 5 years.

Debt Coverage: SMDS's debt is not well covered by operating cash flow (12.7%).

Interest Coverage: SMDS's interest payments on its debt are well covered by EBIT (6x coverage).


Balance Sheet


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