DS Smith Balance Sheet Health
Financial Health criteria checks 3/6
DS Smith has a total shareholder equity of £3.8B and total debt of £2.7B, which brings its debt-to-equity ratio to 71.1%. Its total assets and total liabilities are £9.1B and £5.4B respectively. DS Smith's EBIT is £460.0M making its interest coverage ratio 4. It has cash and short-term investments of £398.0M.
Key information
71.1%
Debt to equity ratio
UK£2.68b
Debt
| Interest coverage ratio | 4x |
| Cash | UK£398.00m |
| Equity | UK£3.76b |
| Total liabilities | UK£5.37b |
| Total assets | UK£9.13b |
Recent financial health updates
Recent updates
Earnings Working Against DS Smith Plc's (LON:SMDS) Share Price
Mar 28
At 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 30Financial Position Analysis
Short Term Liabilities: SMDS's short term assets (£2.3B) exceed its short term liabilities (£2.3B).
Long Term Liabilities: SMDS's short term assets (£2.3B) do not cover its long term liabilities (£3.1B).
Debt to Equity History and Analysis
Debt Level: SMDS's net debt to equity ratio (60.6%) is considered high.
Reducing Debt: SMDS's debt to equity ratio has reduced from 84.7% to 71.1% over the past 5 years.
Debt Coverage: SMDS's debt is not well covered by operating cash flow (12%).
Interest Coverage: SMDS's interest payments on its debt are well covered by EBIT (4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 01:37 |
| End of Day Share Price | 2024/12/27 00:00 |
| Earnings | 2024/10/31 |
| Annual Earnings | 2024/04/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
DS Smith Plc is covered by 28 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jane Sparrow | Barclays |
| Pallav Mittal | Barclays |
| Eoghan Reid | Berenberg |