Amcor Balance Sheet Health
Financial Health criteria checks 2/6
Amcor has a total shareholder equity of $4.0B and total debt of $7.3B, which brings its debt-to-equity ratio to 181.6%. Its total assets and total liabilities are $16.7B and $12.7B respectively. Amcor's EBIT is $1.3B making its interest coverage ratio 4.2. It has cash and short-term investments of $461.0M.
Key information
181.6%
Debt to equity ratio
US$7.28b
Debt
Interest coverage ratio | 4.2x |
Cash | US$461.00m |
Equity | US$4.01b |
Total liabilities | US$12.65b |
Total assets | US$16.66b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AMCC.F's short term assets ($5.0B) exceed its short term liabilities ($3.9B).
Long Term Liabilities: AMCC.F's short term assets ($5.0B) do not cover its long term liabilities ($8.7B).
Debt to Equity History and Analysis
Debt Level: AMCC.F's net debt to equity ratio (170.1%) is considered high.
Reducing Debt: AMCC.F's debt to equity ratio has increased from 172.4% to 181.6% over the past 5 years.
Debt Coverage: AMCC.F's debt is not well covered by operating cash flow (18%).
Interest Coverage: AMCC.F's interest payments on its debt are well covered by EBIT (4.2x coverage).