Amcor Balance Sheet Health
Financial Health criteria checks 3/6
Amcor has a total shareholder equity of $4.0B and total debt of $7.2B, which brings its debt-to-equity ratio to 177.6%. Its total assets and total liabilities are $16.7B and $12.7B respectively. Amcor's EBIT is $1.2B making its interest coverage ratio 4.3. It has cash and short-term investments of $437.0M.
Key information
177.6%
Debt to equity ratio
US$7.15b
Debt
Interest coverage ratio | 4.3x |
Cash | US$437.00m |
Equity | US$4.03b |
Total liabilities | US$12.70b |
Total assets | US$16.73b |
Recent financial health updates
We Think Amcor (NYSE:AMCR) Is Taking Some Risk With Its Debt
Mar 24Amcor (NYSE:AMCR) Takes On Some Risk With Its Use Of Debt
Dec 14Amcor (NYSE:AMCR) Has A Somewhat Strained Balance Sheet
Aug 14Here's Why Amcor (NYSE:AMCR) Can Manage Its Debt Responsibly
May 03Amcor (NYSE:AMCR) Seems To Use Debt Quite Sensibly
Nov 30Recent updates
Market Participants Recognise Amcor plc's (NYSE:AMCR) Earnings
Apr 08We Think Amcor (NYSE:AMCR) Is Taking Some Risk With Its Debt
Mar 24Here's What's Concerning About Amcor's (NYSE:AMCR) Returns On Capital
Mar 08Amcor plc: Diverse With Competitive Advantages And Solid Upside Potential
Feb 23Are Investors Undervaluing Amcor plc (NYSE:AMCR) By 38%?
Feb 15At US$9.75, Is Amcor plc (NYSE:AMCR) Worth Looking At Closely?
Jan 15Amcor plc (NYSE:AMCR) Looks Inexpensive But Perhaps Not Attractive Enough
Dec 30Amcor (NYSE:AMCR) Takes On Some Risk With Its Use Of Debt
Dec 14Amcor: Hard To Ignore The 5% Dividend Yield
Dec 12Be Wary Of Amcor (NYSE:AMCR) And Its Returns On Capital
Nov 29Amcor (NYSE:AMCR) Will Pay A Dividend Of $0.125
Nov 13We Think Shareholders Are Less Likely To Approve A Pay Rise For Amcor plc's (NYSE:AMCR) CEO For Now
Nov 02Amcor plc (NYSE:AMCR) Shares Could Be 35% Below Their Intrinsic Value Estimate
Oct 19Packaging Company Amcor Rated Buy, Delivering 5% Dividend Yield And Low Valuation
Oct 03What Does Amcor plc's (NYSE:AMCR) Share Price Indicate?
Sep 21Amcor (NYSE:AMCR) Has Announced A Dividend Of $0.1225
Aug 25Amcor (NYSE:AMCR) Has A Somewhat Strained Balance Sheet
Aug 14Amcor's Headwinds From Inflation And Rising Interest Expenses Are Temporary
Jul 25Some Investors May Be Worried About Amcor's (NYSE:AMCR) Returns On Capital
Jul 19Is There An Opportunity With Amcor plc's (NYSE:AMCR) 33% Undervaluation?
Jul 07When Should You Buy Amcor plc (NYSE:AMCR)?
May 31Amcor (NYSE:AMCR) Has Affirmed Its Dividend Of $0.1225
May 07Analysts Have Been Trimming Their Amcor plc (NYSE:AMCR) Price Target After Its Latest Report
May 06Here's Why Amcor (NYSE:AMCR) Can Manage Its Debt Responsibly
May 03Some Investors May Be Worried About Amcor's (NYSE:AMCR) Returns On Capital
Apr 09Amcor plc's (NYSE:AMCR) Intrinsic Value Is Potentially 42% Above Its Share Price
Mar 28Do Amcor's (NYSE:AMCR) Earnings Warrant Your Attention?
Mar 06Is Amcor plc (NYSE:AMCR) Potentially Undervalued?
Feb 23Amcor (NYSE:AMCR) Has Announced A Dividend Of $0.1225
Feb 11Amcor Non-GAAP EPS of $0.37 beats by $0.01, revenue of $7.35B beats by $10M
Feb 07Amcor acquires Shanghai-based MDK
Jan 17Investors Could Be Concerned With Amcor's (NYSE:AMCR) Returns On Capital
Jan 01Earnings Tell The Story For Amcor plc (NYSE:AMCR)
Dec 20Amcor opens China's largest flexible packaging plant
Dec 15Amcor (NYSE:AMCR) Seems To Use Debt Quite Sensibly
Nov 30Amcor's (NYSE:AMCR) Upcoming Dividend Will Be Larger Than Last Year's
Nov 17Amcor invests $3M in PulPac
Nov 08Amcor declares $0.1225 dividend
Nov 01Is Now An Opportune Moment To Examine Amcor plc (NYSE:AMCR)?
Oct 11Amcor: An Upgrade Is Warranted
Oct 05Amcor makes additional investment in ePac Flexible Packaging
Sep 14Amcor goes ex dividend tomorrow
Sep 06Amcor expands Innovation Center Network with launch of world-class facility in Asia Pacific
Aug 29We Think You Can Look Beyond Amcor's (NYSE:AMCR) Lackluster Earnings
Aug 26Amcor (NYSE:AMCR) Has Affirmed Its Dividend Of $0.12
Aug 21Financial Position Analysis
Short Term Liabilities: AMCR's short term assets ($5.0B) exceed its short term liabilities ($4.0B).
Long Term Liabilities: AMCR's short term assets ($5.0B) do not cover its long term liabilities ($8.7B).
Debt to Equity History and Analysis
Debt Level: AMCR's net debt to equity ratio (166.7%) is considered high.
Reducing Debt: AMCR's debt to equity ratio has reduced from 775.7% to 177.6% over the past 5 years.
Debt Coverage: AMCR's debt is not well covered by operating cash flow (18.8%).
Interest Coverage: AMCR's interest payments on its debt are well covered by EBIT (4.3x coverage).