Ball Balance Sheet Health

Financial Health criteria checks 3/6

Ball has a total shareholder equity of $7.4B and total debt of $5.8B, which brings its debt-to-equity ratio to 78.5%. Its total assets and total liabilities are $19.9B and $12.5B respectively. Ball's EBIT is $1.4B making its interest coverage ratio 3.1. It has cash and short-term investments of $1.7B.

Key information

78.5%

Debt to equity ratio

US$5.79b

Debt

Interest coverage ratio3.1x
CashUS$1.72b
EquityUS$7.38b
Total liabilitiesUS$12.52b
Total assetsUS$19.90b

Recent financial health updates

Recent updates

Is Ball (NYSE:BALL) A Risky Investment?

May 21
Is Ball (NYSE:BALL) A Risky Investment?

Ball (NYSE:BALL) Has Announced A Dividend Of $0.20

May 02
Ball (NYSE:BALL) Has Announced A Dividend Of $0.20

Estimating The Intrinsic Value Of Ball Corporation (NYSE:BALL)

Mar 09
Estimating The Intrinsic Value Of Ball Corporation (NYSE:BALL)

Ball Corporation (NYSE:BALL) Analysts Just Slashed This Year's Revenue Estimates By 14%

Feb 21
Ball Corporation (NYSE:BALL) Analysts Just Slashed This Year's Revenue Estimates By 14%

Ball (NYSE:BALL) Has Affirmed Its Dividend Of $0.20

Feb 19
Ball (NYSE:BALL) Has Affirmed Its Dividend Of $0.20

Ball's (NYSE:BALL) Soft Earnings Are Actually Better Than They Appear

Feb 14
Ball's (NYSE:BALL) Soft Earnings Are Actually Better Than They Appear

Ball (NYSE:BALL) Is Due To Pay A Dividend Of $0.20

Feb 01
Ball (NYSE:BALL) Is Due To Pay A Dividend Of $0.20

Is Now An Opportune Moment To Examine Ball Corporation (NYSE:BALL)?

Jan 09
Is Now An Opportune Moment To Examine Ball Corporation (NYSE:BALL)?

Ball Corp. - Keeping An Eye On Debt In 2024

Jan 08

Why Investors Shouldn't Be Surprised By Ball Corporation's (NYSE:BALL) P/E

Dec 24
Why Investors Shouldn't Be Surprised By Ball Corporation's (NYSE:BALL) P/E

Are Investors Undervaluing Ball Corporation (NYSE:BALL) By 31%?

Dec 10
Are Investors Undervaluing Ball Corporation (NYSE:BALL) By 31%?

Does Ball (NYSE:BALL) Have A Healthy Balance Sheet?

Nov 13
Does Ball (NYSE:BALL) Have A Healthy Balance Sheet?

Ball (NYSE:BALL) Will Pay A Dividend Of $0.20

Oct 29
Ball (NYSE:BALL) Will Pay A Dividend Of $0.20

Ball Corporation: Aerospace Divestment Should Create Shareholder Value

Oct 26

At US$50.55, Is It Time To Put Ball Corporation (NYSE:BALL) On Your Watch List?

Sep 20
At US$50.55, Is It Time To Put Ball Corporation (NYSE:BALL) On Your Watch List?

Ball (NYSE:BALL) Is Due To Pay A Dividend Of $0.20

Aug 18
Ball (NYSE:BALL) Is Due To Pay A Dividend Of $0.20

Dividend Challengers Review: Ball Corp.

Aug 15

Ball (NYSE:BALL) Seems To Be Using A Lot Of Debt

Aug 13
Ball (NYSE:BALL) Seems To Be Using A Lot Of Debt

Ball (NYSE:BALL) Is Due To Pay A Dividend Of $0.20

Jul 30
Ball (NYSE:BALL) Is Due To Pay A Dividend Of $0.20

Ball Corporation: Waiting For The Economy To Rebound

Jul 10

Ball Corporation: A Turbulent Short-Term Could Lie Ahead, Wait For Stability

Jun 20

Ball Corporation's (NYSE:BALL) Intrinsic Value Is Potentially 51% Above Its Share Price

Jun 18
Ball Corporation's (NYSE:BALL) Intrinsic Value Is Potentially 51% Above Its Share Price

Ball (NYSE:BALL) Has Affirmed Its Dividend Of $0.20

May 21
Ball (NYSE:BALL) Has Affirmed Its Dividend Of $0.20

Ball (NYSE:BALL) Is Due To Pay A Dividend Of $0.20

May 06
Ball (NYSE:BALL) Is Due To Pay A Dividend Of $0.20

The Return Trends At Ball (NYSE:BALL) Look Promising

May 02
The Return Trends At Ball (NYSE:BALL) Look Promising

Is Ball (NYSE:BALL) A Risky Investment?

Apr 17
Is Ball (NYSE:BALL) A Risky Investment?

Is Ball Corporation (NYSE:BALL) Trading At A 34% Discount?

Mar 08
Is Ball Corporation (NYSE:BALL) Trading At A 34% Discount?

Ball Q4 2022 Earnings Preview

Feb 01

Ball (NYSE:BALL) Has Announced A Dividend Of $0.20

Jan 29
Ball (NYSE:BALL) Has Announced A Dividend Of $0.20

Ball declares $0.20 dividend

Jan 25

Ball's (NYSE:BALL) Returns On Capital Are Heading Higher

Jan 23
Ball's (NYSE:BALL) Returns On Capital Are Heading Higher

We Think Ball (NYSE:BALL) Is Taking Some Risk With Its Debt

Jan 09
We Think Ball (NYSE:BALL) Is Taking Some Risk With Its Debt

Here Is The Price I'll Buy Ball Corporation Stock

Dec 20

After Falling 44%, Is Ball Corp. A Good Dividend Stock?

Dec 13

Is Ball Corporation (NYSE:BALL) Trading At A 43% Discount?

Nov 30
Is Ball Corporation (NYSE:BALL) Trading At A 43% Discount?

Ball (NYSE:BALL) Is Due To Pay A Dividend Of $0.20

Nov 17
Ball (NYSE:BALL) Is Due To Pay A Dividend Of $0.20

Ball Corp announces $750M senior notes offering

Nov 09

Financial Position Analysis

Short Term Liabilities: BALL's short term assets ($6.5B) exceed its short term liabilities ($5.4B).

Long Term Liabilities: BALL's short term assets ($6.5B) do not cover its long term liabilities ($7.1B).


Debt to Equity History and Analysis

Debt Level: BALL's net debt to equity ratio (55.2%) is considered high.

Reducing Debt: BALL's debt to equity ratio has reduced from 195.1% to 78.5% over the past 5 years.

Debt Coverage: BALL's debt is not well covered by operating cash flow (15.4%).

Interest Coverage: BALL's interest payments on its debt are well covered by EBIT (3.1x coverage).


Balance Sheet


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