Magnera Balance Sheet Health
Financial Health criteria checks 6/6
Magnera has a total shareholder equity of $2.4B and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $3.0B and $582.0M respectively. Magnera's EBIT is $61.0M making its interest coverage ratio 15.3. It has cash and short-term investments of $176.0M.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | 15.3x |
| Cash | US$176.00m |
| Equity | US$2.39b |
| Total liabilities | US$582.00m |
| Total assets | US$2.98b |
Financial Position Analysis
Short Term Liabilities: MAGN's short term assets ($872.0M) exceed its short term liabilities ($375.0M).
Long Term Liabilities: MAGN's short term assets ($872.0M) exceed its long term liabilities ($207.0M).
Debt to Equity History and Analysis
Debt Level: MAGN is debt free.
Reducing Debt: MAGN has not had any debt for past 5 years.
Debt Coverage: MAGN has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: MAGN has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/19 22:45 |
| End of Day Share Price | 2024/12/19 00:00 |
| Earnings | 2024/06/29 |
| Annual Earnings | 2023/09/30 |
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 |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
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Industry and Sector Metrics
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Analyst Sources
Magnera Corporation is covered by 0 analysts. 0 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 |
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