Ball Balance Sheet Health
Financial Health criteria checks 2/6
Ball has a total shareholder equity of $3.8B and total debt of $8.6B, which brings its debt-to-equity ratio to 223.1%. Its total assets and total liabilities are $19.3B and $15.5B respectively. Ball's EBIT is $1.4B making its interest coverage ratio 3.1. It has cash and short-term investments of $706.0M.
Key information
223.1%
Debt to equity ratio
US$8.56b
Debt
| Interest coverage ratio | 3.1x |
| Cash | US$706.00m |
| Equity | US$3.84b |
| Total liabilities | US$15.47b |
| Total assets | US$19.30b |
Recent financial health updates
Does Ball (NYSE:BALL) Have A Healthy Balance Sheet?
Nov 13
Ball (NYSE:BALL) Seems To Be Using A Lot Of Debt
Aug 13Is Ball (NYSE:BALL) A Risky Investment?
Apr 17We Think Ball (NYSE:BALL) Is Taking Some Risk With Its Debt
Jan 09Recent updates
Estimating 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 08Why Investors Shouldn't Be Surprised By Ball Corporation's (NYSE:BALL) P/E
Dec 24Are Investors Undervaluing Ball Corporation (NYSE:BALL) By 31%?
Dec 10Does Ball (NYSE:BALL) Have A Healthy Balance Sheet?
Nov 13Ball (NYSE:BALL) Will Pay A Dividend Of $0.20
Oct 29Ball Corporation: Aerospace Divestment Should Create Shareholder Value
Oct 26At US$50.55, Is It Time To Put Ball Corporation (NYSE:BALL) On Your Watch List?
Sep 20Ball (NYSE:BALL) Is Due To Pay A Dividend Of $0.20
Aug 18Dividend Challengers Review: Ball Corp.
Aug 15Ball (NYSE:BALL) Seems To Be Using A Lot Of Debt
Aug 13Ball (NYSE:BALL) Is Due To Pay A Dividend Of $0.20
Jul 30Ball Corporation: Waiting For The Economy To Rebound
Jul 10Ball Corporation: A Turbulent Short-Term Could Lie Ahead, Wait For Stability
Jun 20Ball Corporation's (NYSE:BALL) Intrinsic Value Is Potentially 51% Above Its Share Price
Jun 18Ball (NYSE:BALL) Has Affirmed Its Dividend Of $0.20
May 21Ball (NYSE:BALL) Is Due To Pay A Dividend Of $0.20
May 06The Return Trends At Ball (NYSE:BALL) Look Promising
May 02Is Ball (NYSE:BALL) A Risky Investment?
Apr 17Is Ball Corporation (NYSE:BALL) Trading At A 34% Discount?
Mar 08Ball Q4 2022 Earnings Preview
Feb 01Ball (NYSE:BALL) Has Announced A Dividend Of $0.20
Jan 29Ball declares $0.20 dividend
Jan 25Ball's (NYSE:BALL) Returns On Capital Are Heading Higher
Jan 23We Think Ball (NYSE:BALL) Is Taking Some Risk With Its Debt
Jan 09Here Is The Price I'll Buy Ball Corporation Stock
Dec 20After Falling 44%, Is Ball Corp. A Good Dividend Stock?
Dec 13Is Ball Corporation (NYSE:BALL) Trading At A 43% Discount?
Nov 30Ball (NYSE:BALL) Is Due To Pay A Dividend Of $0.20
Nov 17Ball Corp announces $750M senior notes offering
Nov 09Ball Corp Q3 2022 Earnings Preview
Nov 02Ball Corp.: Uncertainty Weakens Any Bullish Argument For The Firm
Oct 25Returns On Capital Are Showing Encouraging Signs At Ball (NYSE:BALL)
Oct 21Ball enters into alliance with Boomerang Water
Sep 21Financial Position Analysis
Short Term Liabilities: BALL's short term assets ($4.9B) do not cover its short term liabilities ($6.2B).
Long Term Liabilities: BALL's short term assets ($4.9B) do not cover its long term liabilities ($9.3B).
Debt to Equity History and Analysis
Debt Level: BALL's net debt to equity ratio (204.7%) is considered high.
Reducing Debt: BALL's debt to equity ratio has increased from 188.9% to 223.1% over the past 5 years.
Debt Coverage: BALL's debt is well covered by operating cash flow (21.8%).
Interest Coverage: BALL's interest payments on its debt are well covered by EBIT (3.1x coverage).