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 ratio | 6x |
Cash | UK£499.00m |
Equity | UK£3.95b |
Total liabilities | UK£5.31b |
Total assets | UK£9.25b |
Recent financial health updates
These 4 Measures Indicate That DS Smith (LON:SMDS) Is Using Debt Reasonably Well
Jan 27Is DS Smith (LON:SMDS) Using Too Much Debt?
Oct 17DS Smith (LON:SMDS) Has A Pretty Healthy Balance Sheet
Apr 24Does DS Smith (LON:SMDS) Have A Healthy Balance Sheet?
Jan 06Here's Why DS Smith (LON:SMDS) Can Manage Its Debt Responsibly
Aug 06Is DS Smith (LON:SMDS) Using Too Much Debt?
Dec 29Recent updates
Earnings Working Against DS Smith Plc's (LON:SMDS) Share Price
Mar 28At UK£3.16, Is DS Smith Plc (LON:SMDS) Worth Looking At Closely?
Feb 11These 4 Measures Indicate That DS Smith (LON:SMDS) Is Using Debt Reasonably Well
Jan 27Is There An Opportunity With DS Smith Plc's (LON:SMDS) 47% Undervaluation?
Dec 30DS Smith's (LON:SMDS) Dividend Will Be £0.06
Dec 10DS Smith (LON:SMDS) Is Looking To Continue Growing Its Returns On Capital
Dec 04Is DS Smith (LON:SMDS) Using Too Much Debt?
Oct 17What Is DS Smith Plc's (LON:SMDS) Share Price Doing?
Oct 02DS Smith Plc's (LON:SMDS) Intrinsic Value Is Potentially 98% Above Its Share Price
Sep 16Here's Why We Think DS Smith (LON:SMDS) Might Deserve Your Attention Today
Jul 25DS Smith (LON:SMDS) Is Experiencing Growth In Returns On Capital
Jul 12What Does DS Smith Plc's (LON:SMDS) Share Price Indicate?
Jun 07DS Smith (LON:SMDS) Has A Pretty Healthy Balance Sheet
Apr 24DS Smith (LON:SMDS) Has More To Do To Multiply In Value Going Forward
Apr 12A Look At The Fair Value Of DS Smith Plc (LON:SMDS)
Mar 29Is Now The Time To Put DS Smith (LON:SMDS) On Your Watchlist?
Mar 17Should You Think About Buying DS Smith Plc (LON:SMDS) Now?
Feb 10Does DS Smith (LON:SMDS) Have A Healthy Balance Sheet?
Jan 06Returns At DS Smith (LON:SMDS) Appear To Be Weighed Down
Dec 23DS Smith Plc (LON:SMDS) Reported Earnings Last Week And Analysts Are Already Upgrading Their Estimates
Dec 11Estimating The Fair Value Of DS Smith Plc (LON:SMDS)
Dec 08Is Now The Time To Look At Buying DS Smith Plc (LON:SMDS)?
Oct 08DS Smith (LON:SMDS) Will Pay A Larger Dividend Than Last Year At £0.102
Sep 20DS Smith's (LON:SMDS) Upcoming Dividend Will Be Larger Than Last Year's
Sep 06Is DS Smith Plc (LON:SMDS) Trading At A 43% Discount?
Sep 05Here's Why DS Smith (LON:SMDS) Can Manage Its Debt Responsibly
Aug 06DS Smith (LON:SMDS) Is Increasing Its Dividend To £0.102
Jul 22DS Smith's (LON:SMDS) Dividend Will Be Increased To UK£0.10
Jul 08DS Smith's (LON:SMDS) Dividend Will Be Increased To UK£0.10
Jun 24What Is DS Smith Plc's (LON:SMDS) Share Price Doing?
May 30DS Smith (LON:SMDS) Is Increasing Its Dividend To UK£0.048
Mar 23Why DS Smith Plc (LON:SMDS) Could Be Worth Watching
Feb 28DS Smith (LON:SMDS) Is Increasing Its Dividend To UK£0.048
Feb 10DS Smith (LON:SMDS) Is Increasing Its Dividend To UK£0.048
Jan 22Is DS Smith (LON:SMDS) Using Too Much Debt?
Dec 29DS Smith (LON:SMDS) Is Increasing Its Dividend To UK£0.048
Dec 12When Should You Buy DS Smith Plc (LON:SMDS)?
Nov 11Is There An Opportunity With DS Smith Plc's (LON:SMDS) 41% Undervaluation?
Oct 18Financial 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).