Pactiv Evergreen Balance Sheet Health
Financial Health criteria checks 4/6
Pactiv Evergreen has a total shareholder equity of $1.1B and total debt of $3.5B, which brings its debt-to-equity ratio to 317.6%. Its total assets and total liabilities are $6.1B and $5.0B respectively. Pactiv Evergreen's EBIT is $201.0M making its interest coverage ratio 0.8. It has cash and short-term investments of $169.0M.
Key information
317.6%
Debt to equity ratio
US$3.46b
Debt
| Interest coverage ratio | 0.8x |
| Cash | US$169.00m |
| Equity | US$1.09b |
| Total liabilities | US$4.96b |
| Total assets | US$6.05b |
Recent financial health updates
Is Pactiv Evergreen (NASDAQ:PTVE) A Risky Investment?
Sep 17
Is Pactiv Evergreen (NASDAQ:PTVE) A Risky Investment?
Apr 24Recent updates
Pactiv Evergreen Inc.'s (NASDAQ:PTVE) Price Is Right But Growth Is Lacking After Shares Rocket 28%
Dec 04Pactiv Evergreen (NASDAQ:PTVE) Is Due To Pay A Dividend Of $0.10
Nov 16Pactiv Evergreen: A Complicated Investment Case
Oct 27The Market Doesn't Like What It Sees From Pactiv Evergreen Inc.'s (NASDAQ:PTVE) Revenues Yet
Oct 10Is Pactiv Evergreen (NASDAQ:PTVE) A Risky Investment?
Sep 17Pactiv Evergreen: Attractive Entry Point For Long-Term Investors
Aug 14Is Now The Time To Look At Buying Pactiv Evergreen Inc. (NASDAQ:PTVE)?
Aug 07Are Investors Undervaluing Pactiv Evergreen Inc. (NASDAQ:PTVE) By 46%?
Jul 15Pactiv Evergreen Inc.'s (NASDAQ:PTVE) Popularity With Investors Is Clear
Jun 10Pactiv Evergreen: Heavy Restructuring Set To Drive Margin Growth
Jun 02Pactiv Evergreen Inc. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next
May 06Is Pactiv Evergreen (NASDAQ:PTVE) A Risky Investment?
Apr 24An Intrinsic Calculation For Pactiv Evergreen Inc. (NASDAQ:PTVE) Suggests It's 38% Undervalued
Mar 29Pactiv Evergreen: Attractive FCF Yield Profile Once Cost Savings Program Ends
Mar 21Pactiv Evergreen Inc.'s (NASDAQ:PTVE) Share Price Not Quite Adding Up
Feb 22Pactiv Evergreen: Good Margin Growth Should Drive The Stock Price
Feb 01Is Pactiv Evergreen Inc. (NASDAQ:PTVE) Potentially Undervalued?
Jan 24Pactiv Evergreen Inc. (NASDAQ:PTVE) Shares Could Be 28% Below Their Intrinsic Value Estimate
Dec 02Pactiv Evergreen (NASDAQ:PTVE) Is Due To Pay A Dividend Of $0.10
Nov 05Pactiv Evergreen Inc.'s (NASDAQ:PTVE) 29% Share Price Surge Not Quite Adding Up
Nov 03Should You Think About Buying Pactiv Evergreen Inc. (NASDAQ:PTVE) Now?
Jul 18An Intrinsic Calculation For Pactiv Evergreen Inc. (NASDAQ:PTVE) Suggests It's 49% Undervalued
Jun 27Pactiv Evergreen (NASDAQ:PTVE) Is Paying Out A Dividend Of $0.10
Mar 10Is Pactiv Evergreen Inc. (NASDAQ:PTVE) Trading At A 44% Discount?
Feb 22At US$11.62, Is Pactiv Evergreen Inc. (NASDAQ:PTVE) Worth Looking At Closely?
Feb 03Pactiv Evergreen (NASDAQ:PTVE) Will Pay A Dividend Of $0.10
Nov 25Pactiv Evergreen (NASDAQ:PTVE) Has Announced A Dividend Of $0.10
Nov 11Pactiv Evergreen: Heavy Debt Load Increases Risks
Oct 20Financial Position Analysis
Short Term Liabilities: PTVE's short term assets ($1.6B) exceed its short term liabilities ($854.0M).
Long Term Liabilities: PTVE's short term assets ($1.6B) do not cover its long term liabilities ($4.1B).
Debt to Equity History and Analysis
Debt Level: PTVE's net debt to equity ratio (302.1%) is considered high.
Reducing Debt: PTVE's debt to equity ratio has reduced from 625.9% to 317.6% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable PTVE has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: PTVE is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 14% per year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/29 00:50 |
| End of Day Share Price | 2025/01/29 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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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Learn about the world class team who designed and built the Simply Wall St analysis model.
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
Pactiv Evergreen Inc. is covered by 10 analysts. 5 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 |
|---|---|
| Ghansham Panjabi | Baird |
| Mark Wilde | BMO Capital Markets Equity Research |
| George Staphos | BofA Global Research |