Sealed Air Balance Sheet Health
Financial Health criteria checks 3/6
Sealed Air has a total shareholder equity of $549.5M and total debt of $4.7B, which brings its debt-to-equity ratio to 850%. Its total assets and total liabilities are $7.2B and $6.7B respectively. Sealed Air's EBIT is $822.8M making its interest coverage ratio 3.1. It has cash and short-term investments of $346.1M.
Key information
850.0%
Debt to equity ratio
US$4.67b
Debt
| Interest coverage ratio | 3.1x |
| Cash | US$346.10m |
| Equity | US$549.50m |
| Total liabilities | US$6.65b |
| Total assets | US$7.20b |
Recent financial health updates
Sealed Air (NYSE:SEE) Has A Somewhat Strained Balance Sheet
Oct 06
Is Sealed Air (NYSE:SEE) Using Too Much Debt?
Jun 27Is Sealed Air (NYSE:SEE) A Risky Investment?
Jan 09Sealed Air (NYSE:SEE) Seems To Use Debt Quite Sensibly
Sep 29Recent updates
Sealed Air Corporation's (NYSE:SEE) Subdued P/E Might Signal An Opportunity
Mar 24Sealed Air (NYSE:SEE) Will Pay A Dividend Of $0.20
Feb 25Sealed Air: The Market Has Overshot On Its Way Down
Feb 17Should You Investigate Sealed Air Corporation (NYSE:SEE) At US$35.69?
Feb 12Sealed Air Corporation (NYSE:SEE) Might Not Be As Mispriced As It Looks
Dec 20Sealed Air: Highly-Levered Earnings On Equity Masking Profitability
Dec 02At US$32.34, Is It Time To Put Sealed Air Corporation (NYSE:SEE) On Your Watch List?
Nov 13Sealed Air (NYSE:SEE) Has Affirmed Its Dividend Of $0.20
Oct 26Sealed Air (NYSE:SEE) Has A Somewhat Strained Balance Sheet
Oct 06Sealed Air: Investments Is Off The Table For The Rest Of H2 2023
Sep 15Sealed Air (NYSE:SEE) Is Due To Pay A Dividend Of $0.20
Aug 29Sealed Air Corporation: No Longer A Sealed Deal
Aug 15Is There Now An Opportunity In Sealed Air Corporation (NYSE:SEE)?
Jul 15Is Sealed Air (NYSE:SEE) Using Too Much Debt?
Jun 27Sealed Air: The Air Is Floating Out
Jun 15An Intrinsic Calculation For Sealed Air Corporation (NYSE:SEE) Suggests It's 46% Undervalued
Jun 09Sealed Air (NYSE:SEE) Is Due To Pay A Dividend Of $0.20
May 22Sealed Air (NYSE:SEE) Knows How To Allocate Capital Effectively
Apr 22Is Now An Opportune Moment To Examine Sealed Air Corporation (NYSE:SEE)?
Apr 04Sealed Air (NYSE:SEE) Is Paying Out A Dividend Of $0.20
Feb 26Sealed Air declares $0.20 dividend
Feb 23Sealed Air Q4 2022 Earnings Preview
Feb 08Is Sealed Air Corporation (NYSE:SEE) Trading At A 45% Discount?
Jan 25Sealed Air Corporation: The Decline Represents A Buying Opportunity
Jan 23Sealed Air launches senior notes offering
Jan 17Is Sealed Air (NYSE:SEE) A Risky Investment?
Jan 09Do Sealed Air's (NYSE:SEE) Earnings Warrant Your Attention?
Dec 24Sealed Air (NYSE:SEE) Is Paying Out A Dividend Of $0.20
Nov 17Sealed Air invests $9M in solar farm powering its California manufacturing plant
Nov 10Sealed Air (NYSE:SEE) Has Announced A Dividend Of $0.20
Nov 02Sealed Air Q3 2022 Earnings Preview
Oct 31We Like Sealed Air's (NYSE:SEE) Returns And Here's How They're Trending
Oct 27At US$44.98, Is It Time To Put Sealed Air Corporation (NYSE:SEE) On Your Watch List?
Oct 13Sealed Air CFO Christopher Stephens to retire
Oct 11Sealed Air (NYSE:SEE) Seems To Use Debt Quite Sensibly
Sep 29Sealed Air: Misclassified And Misunderstood
Sep 27If EPS Growth Is Important To You, Sealed Air (NYSE:SEE) Presents An Opportunity
Sep 16Sealed Air extends CEO Ted Doheny contract through 2027
Aug 31Sealed Air (NYSE:SEE) Has Affirmed Its Dividend Of $0.20
Aug 20Sealed Air declares $0.20 dividend
Aug 16Sealed Air Q2 2022 Earnings Preview
Aug 01Financial Position Analysis
Short Term Liabilities: SEE's short term assets ($2.0B) exceed its short term liabilities ($1.5B).
Long Term Liabilities: SEE's short term assets ($2.0B) do not cover its long term liabilities ($5.1B).
Debt to Equity History and Analysis
Debt Level: SEE's net debt to equity ratio (787%) is considered high.
Reducing Debt: SEE had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: SEE's debt is not well covered by operating cash flow (11.1%).
Interest Coverage: SEE's interest payments on its debt are well covered by EBIT (3.1x coverage).