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 263.1%. Its total assets and total liabilities are $6.4B and $5.0B respectively. Pactiv Evergreen's EBIT is $496.0M making its interest coverage ratio 2. It has cash and short-term investments of $79.0M.
Key information
263.1%
Debt to equity ratio
US$3.55b
Debt
Interest coverage ratio | 2x |
Cash | US$79.00m |
Equity | US$1.35b |
Total liabilities | US$5.04b |
Total assets | US$6.39b |
Recent financial health updates
Recent updates
Are 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 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 01Financial Position Analysis
Short Term Liabilities: PTVE's short term assets ($1.6B) exceed its short term liabilities ($792.0M).
Long Term Liabilities: PTVE's short term assets ($1.6B) do not cover its long term liabilities ($4.2B).
Debt to Equity History and Analysis
Debt Level: PTVE's net debt to equity ratio (257.2%) is considered high.
Reducing Debt: PTVE's debt to equity ratio has reduced from 608% to 263.1% 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 21.9% per year.