Amcor Balance Sheet Health
Financial Health criteria checks 2/6
Amcor has a total shareholder equity of $4.0B and total debt of $7.4B, which brings its debt-to-equity ratio to 184.6%. Its total assets and total liabilities are $16.9B and $12.9B respectively. Amcor's EBIT is $1.3B making its interest coverage ratio 4.1. It has cash and short-term investments of $432.0M.
Key information
184.6%
Debt to equity ratio
US$7.37b
Debt
| Interest coverage ratio | 4.1x |
| Cash | US$432.00m |
| Equity | US$3.99b |
| Total liabilities | US$12.92b |
| Total assets | US$16.91b |
Recent financial health updates
Is Amcor (NYSE:AMCR) Using Too Much Debt?
Jul 17
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 03Recent updates
Amcor's (NYSE:AMCR) Dividend Will Be Increased To $0.1275
Nov 18Amcor (NYSE:AMCR) Has Announced That It Will Be Increasing Its Dividend To $0.1275
Nov 04Investors Met With Slowing Returns on Capital At Amcor (NYSE:AMCR)
Oct 03An Intrinsic Calculation For Amcor plc (NYSE:AMCR) Suggests It's 45% Undervalued
Sep 19Amcor: Adds To My Belief That This Is A Trader's Market (Technical Analysis)
Sep 12Amcor's (NYSE:AMCR) Dividend Will Be $0.125
Sep 05Amcor plc's (NYSE:AMCR) Popularity With Investors Is Clear
Sep 02Amcor's (NYSE:AMCR) Dividend Will Be $0.125
Aug 19Amcor: Avoiding Now Due To Poor Growth Prospects In Near Term
Jul 30Is Amcor (NYSE:AMCR) Using Too Much Debt?
Jul 17The Returns At Amcor (NYSE:AMCR) Aren't Growing
Jun 20Is Amcor plc (NYSE:AMCR) Trading At A 41% Discount?
May 23Taking A Small Position In Amcor
May 15Amcor: An Underpriced Fundamentally Sound Company
May 09Should You Think About Buying Amcor plc (NYSE:AMCR) Now?
May 08Market 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 11Financial Position Analysis
Short Term Liabilities: AMCR's short term assets ($5.2B) exceed its short term liabilities ($4.1B).
Long Term Liabilities: AMCR's short term assets ($5.2B) do not cover its long term liabilities ($8.8B).
Debt to Equity History and Analysis
Debt Level: AMCR's net debt to equity ratio (173.8%) is considered high.
Reducing Debt: AMCR's debt to equity ratio has increased from 105% to 184.6% over the past 5 years.
Debt Coverage: AMCR's debt is not well covered by operating cash flow (16.1%).
Interest Coverage: AMCR's interest payments on its debt are well covered by EBIT (4.1x coverage).