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 ratio | 3.1x |
| Cash | US$1.72b |
| Equity | US$7.38b |
| Total liabilities | US$12.52b |
| Total assets | US$19.90b |
Recent financial health updates
Is Ball (NYSE:BALL) A Risky Investment?
May 21
Does Ball (NYSE:BALL) Have A Healthy Balance Sheet?
Nov 13Ball (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
Is 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 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 30Financial 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).