Silgan Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Silgan Holdings has a total shareholder equity of $2.1B and total debt of $3.8B, which brings its debt-to-equity ratio to 183.6%. Its total assets and total liabilities are $7.7B and $5.7B respectively. Silgan Holdings's EBIT is $580.2M making its interest coverage ratio 3.5. It has cash and short-term investments of $368.5M.
Key information
183.6%
Debt to equity ratio
US$3.77b
Debt
| Interest coverage ratio | 3.5x |
| Cash | US$368.51m |
| Equity | US$2.05b |
| Total liabilities | US$5.69b |
| Total assets | US$7.75b |
Recent financial health updates
Silgan Holdings (NYSE:SLGN) Has A Somewhat Strained Balance Sheet
Oct 03
Here's Why Silgan Holdings (NYSE:SLGN) Has A Meaningful Debt Burden
Jun 28These 4 Measures Indicate That Silgan Holdings (NYSE:SLGN) Is Using Debt Extensively
Jan 28We Think Silgan Holdings (NYSE:SLGN) Is Taking Some Risk With Its Debt
Sep 15Silgan Holdings (NYSE:SLGN) Has A Somewhat Strained Balance Sheet
Apr 28Silgan Holdings (NYSE:SLGN) Has A Somewhat Strained Balance Sheet
Jan 19Recent updates
Silgan Holdings Inc. (NYSE:SLGN) Could Be Riskier Than It Looks
Nov 18Returns On Capital At Silgan Holdings (NYSE:SLGN) Have Stalled
Oct 21Silgan Holdings: Well-Executed Consolidation Approach, Yet Potential Fully Priced In
Oct 15Silgan Holdings (NYSE:SLGN) Has A Somewhat Strained Balance Sheet
Oct 03Investors Aren't Entirely Convinced By Silgan Holdings Inc.'s (NYSE:SLGN) Earnings
Aug 18Silgan Holdings Inc. (NYSE:SLGN) Shares Could Be 43% Below Their Intrinsic Value Estimate
Jul 30Silgan Holdings: Return To Growth And M&A Create Green Shoots
Jul 26Here's Why Silgan Holdings (NYSE:SLGN) Has A Meaningful Debt Burden
Jun 28Silgan Holdings (NYSE:SLGN) Hasn't Managed To Accelerate Its Returns
Jun 10Silgan Holdings: Earnings Are Proof That There Are Better Prospects Out There
May 02Is There An Opportunity With Silgan Holdings Inc.'s (NYSE:SLGN) 46% Undervaluation?
Apr 08Silgan Holdings (NYSE:SLGN) Has Some Way To Go To Become A Multi-Bagger
Feb 25US$51.91 - That's What Analysts Think Silgan Holdings Inc. (NYSE:SLGN) Is Worth After These Results
Feb 03These 4 Measures Indicate That Silgan Holdings (NYSE:SLGN) Is Using Debt Extensively
Jan 28Investors Interested In Silgan Holdings Inc.'s (NYSE:SLGN) Earnings
Dec 26Silgan Holdings: A 'Hold' For Now Due To High Debt
Dec 14Are Investors Undervaluing Silgan Holdings Inc. (NYSE:SLGN) By 44%?
Dec 11The Returns At Silgan Holdings (NYSE:SLGN) Aren't Growing
Oct 20Silgan: The Historical Growth Rate, While Not Fantastic, Is Even Not Sustainable
Sep 29We Think Silgan Holdings (NYSE:SLGN) Is Taking Some Risk With Its Debt
Sep 15Calculating The Intrinsic Value Of Silgan Holdings Inc. (NYSE:SLGN)
Jul 26Silgan Holdings' (NYSE:SLGN) Returns Have Hit A Wall
Jul 11Silgan Holdings: Taking A Step Back (Rating Downgrade)
Jun 25Silgan Holdings (NYSE:SLGN) Has A Somewhat Strained Balance Sheet
Apr 28Here's What To Make Of Silgan Holdings' (NYSE:SLGN) Decelerating Rates Of Return
Apr 10Silgan Holdings Inc. (NYSE:SLGN) Shares Could Be 41% Below Their Intrinsic Value Estimate
Mar 26Silgan Holdings raises quarterly dividend by 12.5% to $0.18/share
Feb 21Silgan Holdings Q4 2022 Earnings Preview
Jan 23Silgan Holdings (NYSE:SLGN) Has A Somewhat Strained Balance Sheet
Jan 19Returns At Silgan Holdings (NYSE:SLGN) Appear To Be Weighed Down
Jan 06Silgan Holdings Inc.'s (NYSE:SLGN) Intrinsic Value Is Potentially 85% Above Its Share Price
Dec 25Is It Too Late To Consider Buying Silgan Holdings Inc. (NYSE:SLGN)?
Dec 12Silgan Holdings Q3 2022 Earnings Preview
Oct 25Here's Why We Think Silgan Holdings (NYSE:SLGN) Might Deserve Your Attention Today
Oct 02Is Silgan Holdings (NYSE:SLGN) Using Too Much Debt?
Sep 17Financial Position Analysis
Short Term Liabilities: SLGN's short term assets ($2.5B) exceed its short term liabilities ($2.3B).
Long Term Liabilities: SLGN's short term assets ($2.5B) do not cover its long term liabilities ($3.4B).
Debt to Equity History and Analysis
Debt Level: SLGN's net debt to equity ratio (165.7%) is considered high.
Reducing Debt: SLGN's debt to equity ratio has reduced from 270.3% to 183.6% over the past 5 years.
Debt Coverage: SLGN's debt is well covered by operating cash flow (22.9%).
Interest Coverage: SLGN's interest payments on its debt are well covered by EBIT (3.5x coverage).