Packaging Corporation of America Balance Sheet Health
Financial Health criteria checks 4/6
Packaging of America has a total shareholder equity of $4.0B and total debt of $3.2B, which brings its debt-to-equity ratio to 79.4%. Its total assets and total liabilities are $8.7B and $4.7B respectively. Packaging of America's EBIT is $1.1B making its interest coverage ratio 22.1. It has cash and short-term investments of $1.1B.
Key information
71.8%
Debt to equity ratio
US$2.87b
Debt
Interest coverage ratio | 21.1x |
Cash | US$1.14b |
Equity | US$4.00b |
Total liabilities | US$4.68b |
Total assets | US$8.68b |
Recent financial health updates
These 4 Measures Indicate That Packaging Corporation of America (NYSE:PKG) Is Using Debt Reasonably Well
Mar 28Is Packaging Corporation of America (NYSE:PKG) A Risky Investment?
Nov 29Is Packaging Corporation of America (NYSE:PKG) A Risky Investment?
Aug 25These 4 Measures Indicate That Packaging Corporation of America (NYSE:PKG) Is Using Debt Reasonably Well
May 12We Think Packaging Corporation of America (NYSE:PKG) Can Stay On Top Of Its Debt
Jan 25Is Packaging Corporation of America (NYSE:PKG) Using Too Much Debt?
Oct 24Recent updates
Packaging Corporation of America: A Quality Company, But With Overextended Valuation
Apr 16Packaging Corporation of America's (NYSE:PKG) Shareholders Might Be Looking For Exit
Apr 12These 4 Measures Indicate That Packaging Corporation of America (NYSE:PKG) Is Using Debt Reasonably Well
Mar 28Packaging Corporation: Strong Q4 Results But Valuation Is Elevated (Downgrade)
Jan 25Packaging Corporation of America (NYSE:PKG) Shares Could Be 24% Below Their Intrinsic Value Estimate
Jan 22Packaging Corporation of America (NYSE:PKG) Investors Are Less Pessimistic Than Expected
Jan 08Here's What To Make Of Packaging Corporation of America's (NYSE:PKG) Decelerating Rates Of Return
Dec 26Packaging Corporation of America (NYSE:PKG) Has Affirmed Its Dividend Of $1.25
Dec 12Is Packaging Corporation of America (NYSE:PKG) A Risky Investment?
Nov 29Packaging Corporation of America: Valuation Is Justified By Its Quality
Nov 16Should You Investigate Packaging Corporation of America (NYSE:PKG) At US$152?
Oct 17An Intrinsic Calculation For Packaging Corporation of America (NYSE:PKG) Suggests It's 43% Undervalued
Oct 02Packaging Corporation of America: A Good Company At A Full Valuation
Sep 18Returns On Capital At Packaging Corporation of America (NYSE:PKG) Have Hit The Brakes
Sep 09Is Packaging Corporation of America (NYSE:PKG) A Risky Investment?
Aug 25Packaging Corporation of America: Q2 Beat Vs. Lower Q3 Estimates
Jul 26What Is Packaging Corporation of America's (NYSE:PKG) Share Price Doing?
Jul 16Packaging Corporation of America's (NYSE:PKG) Intrinsic Value Is Potentially 51% Above Its Share Price
Jul 01Packaging Corporation of America: Approaching The Bottom, Time To Re-Enter
Jun 30Return Trends At Packaging Corporation of America (NYSE:PKG) Aren't Appealing
Jun 10These 4 Measures Indicate That Packaging Corporation of America (NYSE:PKG) Is Using Debt Reasonably Well
May 12Is Now An Opportune Moment To Examine Packaging Corporation of America (NYSE:PKG)?
Apr 14Is There An Opportunity With Packaging Corporation of America's (NYSE:PKG) 31% Undervaluation?
Apr 02Here's Why We Think Packaging Corporation of America (NYSE:PKG) Might Deserve Your Attention Today
Mar 21Packaging Corporation of America (NYSE:PKG) Might Become A Compounding Machine
Mar 02Packaging Corporation Of America: Unwrapping The Potential Through A Conservative Approach
Feb 23Packaging Corporation Of America: Solid Numbers, Reiterate Buy
Feb 04Packaging Non-GAAP EPS of $2.35 beats by $0.12, revenue of $1.98B misses by $70M
Jan 25We Think Packaging Corporation of America (NYSE:PKG) Can Stay On Top Of Its Debt
Jan 25Is Now An Opportune Moment To Examine Packaging Corporation of America (NYSE:PKG)?
Jan 13Packaging Corporation Of America: Finally Time For An Update
Jan 04We Ran A Stock Scan For Earnings Growth And Packaging Corporation of America (NYSE:PKG) Passed With Ease
Dec 19Packaging declares $1.25 dividend
Dec 08Are Investors Undervaluing Packaging Corporation of America (NYSE:PKG) By 44%?
Dec 05Packaging Corporation of America (NYSE:PKG) Is Aiming To Keep Up Its Impressive Returns
Nov 23Is Packaging Corporation of America (NYSE:PKG) Using Too Much Debt?
Oct 24Packaging Q3 2022 Earnings Preview
Oct 23Why Packaging Corporation of America (NYSE:PKG) Could Be Worth Watching
Oct 10Packaging Corporation Of America Is A Long Term Buy
Sep 27Packaging declares $1.25 dividend
Sep 21Does Packaging Corporation of America (NYSE:PKG) Deserve A Spot On Your Watchlist?
Sep 07Packaging Corporation of America (NYSE:PKG) Is Very Good At Capital Allocation
Aug 23Packaging Corporation of America: A High-Yielder You Will Like
Aug 07Packaging Non-GAAP EPS of $3.23 beats by $0.38, revenue of $2.24B beats by $100M
Jul 25Packaging Corporation of America (NYSE:PKG) Has A Pretty Healthy Balance Sheet
Jul 24Packaging Corporation of America: Expect Performance To Remain Strong
Jun 15Do Packaging Corporation of America's (NYSE:PKG) Earnings Warrant Your Attention?
May 31Packaging Corporation of America (NYSE:PKG) Could Become A Multi-Bagger
May 16Packaging Corporation of America (NYSE:PKG) Seems To Use Debt Quite Sensibly
Apr 14Packaging Corporation Of America: Might Be Worth Packing Into Your Portfolio
Apr 03Financial Position Analysis
Short Term Liabilities: PKG's short term assets ($3.3B) exceed its short term liabilities ($1.3B).
Long Term Liabilities: PKG's short term assets ($3.3B) do not cover its long term liabilities ($3.4B).
Debt to Equity History and Analysis
Debt Level: PKG's net debt to equity ratio (50.8%) is considered high.
Reducing Debt: PKG's debt to equity ratio has reduced from 88.9% to 79.4% over the past 5 years.
Debt Coverage: PKG's debt is well covered by operating cash flow (41.4%).
Interest Coverage: PKG's interest payments on its debt are well covered by EBIT (22.1x coverage).