This company has been acquired
Smurfit Kappa Group Balance Sheet Health
Financial Health criteria checks 4/6
Smurfit Kappa Group has a total shareholder equity of €5.6B and total debt of €3.4B, which brings its debt-to-equity ratio to 60.4%. Its total assets and total liabilities are €12.6B and €7.1B respectively. Smurfit Kappa Group's EBIT is €1.4B making its interest coverage ratio 10.7. It has cash and short-term investments of €905.0M.
Key information
60.4%
Debt to equity ratio
€3.37b
Debt
| Interest coverage ratio | 10.7x |
| Cash | €905.00m |
| Equity | €5.57b |
| Total liabilities | €7.05b |
| Total assets | €12.63b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SMFT.F's short term assets (€4.1B) exceed its short term liabilities (€2.7B).
Long Term Liabilities: SMFT.F's short term assets (€4.1B) do not cover its long term liabilities (€4.4B).
Debt to Equity History and Analysis
Debt Level: SMFT.F's net debt to equity ratio (44.1%) is considered high.
Reducing Debt: SMFT.F's debt to equity ratio has reduced from 122% to 60.4% over the past 5 years.
Debt Coverage: SMFT.F's debt is well covered by operating cash flow (45.1%).
Interest Coverage: SMFT.F's interest payments on its debt are well covered by EBIT (10.7x coverage).