Ball Balance Sheet Health
Financial Health criteria checks 3/6
Ball has a total shareholder equity of $6.8B and total debt of $5.8B, which brings its debt-to-equity ratio to 85.5%. Its total assets and total liabilities are $18.8B and $12.1B respectively. Ball's EBIT is $1.4B making its interest coverage ratio 4.8. It has cash and short-term investments of $1.4B.
Key information
85.5%
Debt to equity ratio
US$5.78b
Debt
| Interest coverage ratio | 4.8x |
| Cash | US$1.45b |
| Equity | US$6.76b |
| Total liabilities | US$12.07b |
| Total assets | US$18.82b |
Recent financial health updates
Ball (NYSE:BALL) Has A Somewhat Strained Balance Sheet
Dec 02
Ball (NYSE:BALL) Takes On Some Risk With Its Use Of Debt
Aug 28Is Ball (NYSE:BALL) A Risky Investment?
May 21Recent updates
Ball (NYSE:BALL) Has A Somewhat Strained Balance Sheet
Dec 02Ball Corporation: Keeping Our Eye On The Ball
Nov 08Ball's (NYSE:BALL) Dividend Will Be $0.20
Oct 27Investors Appear Satisfied With Ball Corporation's (NYSE:BALL) Prospects
Oct 14Ball Corporation's (NYSE:BALL) Intrinsic Value Is Potentially 57% Above Its Share Price
Sep 28Ball (NYSE:BALL) Takes On Some Risk With Its Use Of Debt
Aug 28Ball Q2: Consistent Global Beverage Can Volume Growth
Aug 18Ball (NYSE:BALL) Has Announced A Dividend Of $0.20
Jul 29Ball Corporation: Insufficient Runway To Deploy Capital For Growth Or Competitive Gain
Jul 23At US$60.03, Is Ball Corporation (NYSE:BALL) Worth Looking At Closely?
Jul 05Is There An Opportunity With Ball Corporation's (NYSE:BALL) 25% Undervaluation?
Jun 20With Ball Corporation (NYSE:BALL) It Looks Like You'll Get What You Pay For
Jun 05Is Ball (NYSE:BALL) A Risky Investment?
May 21Ball (NYSE:BALL) Has Announced A Dividend Of $0.20
May 02Estimating The Intrinsic Value Of Ball Corporation (NYSE:BALL)
Mar 09Ball Corporation (NYSE:BALL) Analysts Just Slashed This Year's Revenue Estimates By 14%
Feb 21Ball (NYSE:BALL) Has Affirmed Its Dividend Of $0.20
Feb 19Ball's (NYSE:BALL) Soft Earnings Are Actually Better Than They Appear
Feb 14Ball (NYSE:BALL) Is Due To Pay A Dividend Of $0.20
Feb 01Is Now An Opportune Moment To Examine Ball Corporation (NYSE:BALL)?
Jan 09Ball Corp. - Keeping An Eye On Debt In 2024
Jan 08Ball Corporation: Aerospace Divestment Should Create Shareholder Value
Oct 26Dividend Challengers Review: Ball Corp.
Aug 15Ball Corporation: Waiting For The Economy To Rebound
Jul 10Ball Corporation: A Turbulent Short-Term Could Lie Ahead, Wait For Stability
Jun 20Financial Position Analysis
Short Term Liabilities: BALL's short term assets ($5.6B) exceed its short term liabilities ($5.1B).
Long Term Liabilities: BALL's short term assets ($5.6B) do not cover its long term liabilities ($6.9B).
Debt to Equity History and Analysis
Debt Level: BALL's net debt to equity ratio (64.1%) is considered high.
Reducing Debt: BALL's debt to equity ratio has reduced from 201.6% to 85.5% over the past 5 years.
Debt Coverage: BALL's debt is not well covered by operating cash flow (6.1%).
Interest Coverage: BALL's interest payments on its debt are well covered by EBIT (4.8x coverage).
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 07:07 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Ball Corporation is covered by 30 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Ghansham Panjabi | Baird |
| Ishan Majumdar | Baptista Research |
| Michael Leithead | Barclays |