Pactiv Evergreen Balance Sheet Health
Financial Health criteria checks 2/6
Pactiv Evergreen has a total shareholder equity of $1.3B and total debt of $3.6B, which brings its debt-to-equity ratio to 266%. Its total assets and total liabilities are $6.4B and $5.0B respectively. Pactiv Evergreen's EBIT is $471.0M making its interest coverage ratio 1.9. It has cash and short-term investments of $104.0M.
Key information
266.0%
Debt to equity ratio
US$3.55b
Debt
| Interest coverage ratio | 1.9x |
| Cash | US$104.00m |
| Equity | US$1.34b |
| Total liabilities | US$5.03b |
| Total assets | US$6.36b |
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
Is 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 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 28Financial Position Analysis
Short Term Liabilities: PTVE's short term assets ($1.6B) exceed its short term liabilities ($793.0M).
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 (258.2%) is considered high.
Reducing Debt: PTVE's debt to equity ratio has reduced from 588.7% to 266% over the past 5 years.
Debt Coverage: PTVE's debt is not well covered by operating cash flow (10.7%).
Interest Coverage: PTVE's interest payments on its debt are not well covered by EBIT (1.9x coverage).