Pactiv Evergreen Inc.

NasdaqGS:PTVE Stock Report

Market Cap: US$2.6b

Pactiv Evergreen Balance Sheet Health

Financial Health criteria checks 4/6

Pactiv Evergreen has a total shareholder equity of $1.3B and total debt of $3.6B, which brings its debt-to-equity ratio to 273.6%. Its total assets and total liabilities are $6.4B and $5.1B respectively. Pactiv Evergreen's EBIT is $518.0M making its interest coverage ratio 2.1. It has cash and short-term investments of $245.0M.

Key information

273.6%

Debt to equity ratio

US$3.57b

Debt

Interest coverage ratio2.1x
CashUS$245.00m
EquityUS$1.30b
Total liabilitiesUS$5.14b
Total assetsUS$6.45b

Recent financial health updates

No updates

Recent updates

Pactiv Evergreen Inc.'s (NASDAQ:PTVE) Share Price Not Quite Adding Up

Feb 22
Pactiv Evergreen Inc.'s (NASDAQ:PTVE) Share Price Not Quite Adding Up

Pactiv Evergreen: Good Margin Growth Should Drive The Stock Price

Feb 01

Is Pactiv Evergreen Inc. (NASDAQ:PTVE) Potentially Undervalued?

Jan 24
Is Pactiv Evergreen Inc. (NASDAQ:PTVE) Potentially Undervalued?

Pactiv Evergreen Inc. (NASDAQ:PTVE) Shares Could Be 28% Below Their Intrinsic Value Estimate

Dec 02
Pactiv Evergreen Inc. (NASDAQ:PTVE) Shares Could Be 28% Below Their Intrinsic Value Estimate

Pactiv Evergreen (NASDAQ:PTVE) Is Due To Pay A Dividend Of $0.10

Nov 05
Pactiv Evergreen (NASDAQ:PTVE) Is Due To Pay A Dividend Of $0.10

Pactiv Evergreen Inc.'s (NASDAQ:PTVE) 29% Share Price Surge Not Quite Adding Up

Nov 03
Pactiv Evergreen Inc.'s (NASDAQ:PTVE) 29% Share Price Surge Not Quite Adding Up

Should You Think About Buying Pactiv Evergreen Inc. (NASDAQ:PTVE) Now?

Jul 18
Should You Think About Buying Pactiv Evergreen Inc. (NASDAQ:PTVE) Now?

An Intrinsic Calculation For Pactiv Evergreen Inc. (NASDAQ:PTVE) Suggests It's 49% Undervalued

Jun 27
An Intrinsic Calculation For Pactiv Evergreen Inc. (NASDAQ:PTVE) Suggests It's 49% Undervalued

Pactiv Evergreen (NASDAQ:PTVE) Is Paying Out A Dividend Of $0.10

Mar 10
Pactiv Evergreen (NASDAQ:PTVE) Is Paying Out A Dividend Of $0.10

Is Pactiv Evergreen Inc. (NASDAQ:PTVE) Trading At A 44% Discount?

Feb 22
Is Pactiv Evergreen Inc. (NASDAQ:PTVE) Trading At A 44% Discount?

At US$11.62, Is Pactiv Evergreen Inc. (NASDAQ:PTVE) Worth Looking At Closely?

Feb 03
At US$11.62, Is Pactiv Evergreen Inc. (NASDAQ:PTVE) Worth Looking At Closely?

Pactiv Evergreen (NASDAQ:PTVE) Will Pay A Dividend Of $0.10

Nov 25
Pactiv Evergreen (NASDAQ:PTVE) Will Pay A Dividend Of $0.10

Pactiv Evergreen (NASDAQ:PTVE) Has Announced A Dividend Of $0.10

Nov 11
Pactiv Evergreen (NASDAQ:PTVE) Has Announced A Dividend Of $0.10

Pactiv Evergreen: Heavy Debt Load Increases Risks

Oct 20

Is There Now An Opportunity In Pactiv Evergreen Inc. (NASDAQ:PTVE)?

Sep 20
Is There Now An Opportunity In Pactiv Evergreen Inc. (NASDAQ:PTVE)?

Pactiv Evergreen reports Q2 earnings; raises FY22 adjusted EBITDA guidance

Aug 03

Pactiv Evergreen: Latest Divestment Is A Positive Step In The Strategic Turnaround

Jan 28

Is There An Opportunity With Pactiv Evergreen Inc.'s (NASDAQ:PTVE) 28% Undervaluation?

Dec 17
Is There An Opportunity With Pactiv Evergreen Inc.'s (NASDAQ:PTVE) 28% Undervaluation?

We Think Pactiv Evergreen's (NASDAQ:PTVE) Robust Earnings Are Conservative

Nov 11
We Think Pactiv Evergreen's (NASDAQ:PTVE) Robust Earnings Are Conservative

Pactiv Evergreen (NASDAQ:PTVE) Will Be Looking To Turn Around Its Returns

Oct 29
Pactiv Evergreen (NASDAQ:PTVE) Will Be Looking To Turn Around Its Returns

Pactiv Evergreen: Disappointing Guidance Update Adds To The Uncertain Outlook

Oct 01

Is Pactiv Evergreen Inc. (NASDAQ:PTVE) At Risk Of Cutting Its Dividend?

May 08
Is Pactiv Evergreen Inc. (NASDAQ:PTVE) At Risk Of Cutting Its Dividend?

Pactiv Evergreen declares $0.10 dividend

May 05

A Look At The Intrinsic Value Of Pactiv Evergreen Inc. (NASDAQ:PTVE)

Apr 02
A Look At The Intrinsic Value Of Pactiv Evergreen Inc. (NASDAQ:PTVE)

Pactiv Evergreen initiates dividend

Feb 04

Pactiv evergreen tumbles 8% after downgrade by Baird analyst

Jan 04

Is Pactiv Evergreen Inc. (NASDAQ:PTVE) Trading At A 38% Discount?

Dec 17
Is Pactiv Evergreen Inc. (NASDAQ:PTVE) Trading At A 38% Discount?

Financial Position Analysis

Short Term Liabilities: PTVE's short term assets ($1.7B) exceed its short term liabilities ($872.0M).

Long Term Liabilities: PTVE's short term assets ($1.7B) do not cover its long term liabilities ($4.3B).


Debt to Equity History and Analysis

Debt Level: PTVE's net debt to equity ratio (254.8%) is considered high.

Reducing Debt: PTVE's debt to equity ratio has reduced from 510% to 273.6% 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 27.1% per year.


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