Sealed Air Balance Sheet Health
Financial Health criteria checks 3/6
Sealed Air has a total shareholder equity of $412.4M and total debt of $4.9B, which brings its debt-to-equity ratio to 1198.6%. Its total assets and total liabilities are $7.5B and $7.1B respectively. Sealed Air's EBIT is $864.0M making its interest coverage ratio 4.1. It has cash and short-term investments of $285.1M.
Key information
1,198.6%
Debt to equity ratio
US$4.94b
Debt
| Interest coverage ratio | 4.1x |
| Cash | US$285.10m |
| Equity | US$412.40m |
| Total liabilities | US$7.11b |
| Total assets | US$7.52b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SEE *'s short term assets ($2.2B) exceed its short term liabilities ($1.9B).
Long Term Liabilities: SEE *'s short term assets ($2.2B) do not cover its long term liabilities ($5.3B).
Debt to Equity History and Analysis
Debt Level: SEE *'s net debt to equity ratio (1129.5%) is considered high.
Reducing Debt: SEE * had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: SEE *'s debt is not well covered by operating cash flow (8%).
Interest Coverage: SEE *'s interest payments on its debt are well covered by EBIT (4.1x coverage).