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 $3.5B, which brings its debt-to-equity ratio to 262.8%. Its total assets and total liabilities are $6.4B and $5.0B respectively. Pactiv Evergreen's EBIT is $499.0M making its interest coverage ratio 2. It has cash and short-term investments of $164.0M.
Key information
262.8%
Debt to equity ratio
US$3.55b
Debt
| Interest coverage ratio | 2x |
| Cash | US$164.00m |
| Equity | US$1.35b |
| Total liabilities | US$5.05b |
| Total assets | US$6.40b |
Recent financial health updates
Recent updates
Is Pactiv Evergreen (NASDAQ:PTVE) A Risky Investment?
Apr 24
An 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 20Is There Now An Opportunity In Pactiv Evergreen Inc. (NASDAQ:PTVE)?
Sep 20Pactiv Evergreen reports Q2 earnings; raises FY22 adjusted EBITDA guidance
Aug 03Pactiv Evergreen: Latest Divestment Is A Positive Step In The Strategic Turnaround
Jan 28Is There An Opportunity With Pactiv Evergreen Inc.'s (NASDAQ:PTVE) 28% Undervaluation?
Dec 17We Think Pactiv Evergreen's (NASDAQ:PTVE) Robust Earnings Are Conservative
Nov 11Pactiv Evergreen (NASDAQ:PTVE) Will Be Looking To Turn Around Its Returns
Oct 29Pactiv Evergreen: Disappointing Guidance Update Adds To The Uncertain Outlook
Oct 01Is Pactiv Evergreen Inc. (NASDAQ:PTVE) At Risk Of Cutting Its Dividend?
May 08Pactiv Evergreen declares $0.10 dividend
May 05A Look At The Intrinsic Value Of Pactiv Evergreen Inc. (NASDAQ:PTVE)
Apr 02Financial Position Analysis
Short Term Liabilities: PTVE's short term assets ($1.6B) exceed its short term liabilities ($796.0M).
Long Term Liabilities: PTVE's short term assets ($1.6B) do not cover its long term liabilities ($4.3B).
Debt to Equity History and Analysis
Debt Level: PTVE's net debt to equity ratio (250.6%) is considered high.
Reducing Debt: PTVE's debt to equity ratio has reduced from 615.1% to 262.8% 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 24.5% per year.