Ball Balance Sheet Health
Financial Health criteria checks 3/6
Ball has a total shareholder equity of $7.0B and total debt of $5.8B, which brings its debt-to-equity ratio to 82.8%. Its total assets and total liabilities are $19.0B and $12.0B respectively. Ball's EBIT is $1.4B making its interest coverage ratio 3.9. It has cash and short-term investments of $1.4B.
Key information
82.8%
Debt to equity ratio
US$5.79b
Debt
Interest coverage ratio | 3.9x |
Cash | US$1.36b |
Equity | US$6.98b |
Total liabilities | US$11.98b |
Total assets | US$18.96b |
Recent financial health updates
Is Ball (NYSE:BALL) A Risky Investment?
May 21Does 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 17Recent updates
Ball 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 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 23Financial Position Analysis
Short Term Liabilities: BALL's short term assets ($5.8B) exceed its short term liabilities ($4.9B).
Long Term Liabilities: BALL's short term assets ($5.8B) do not cover its long term liabilities ($7.1B).
Debt to Equity History and Analysis
Debt Level: BALL's net debt to equity ratio (63.4%) is considered high.
Reducing Debt: BALL's debt to equity ratio has reduced from 205.1% to 82.8% over the past 5 years.
Debt Coverage: BALL's debt is not well covered by operating cash flow (8.8%).
Interest Coverage: BALL's interest payments on its debt are well covered by EBIT (3.9x coverage).