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Ball stock: balance sheet and debt

BALL
$64.91Closing price of 12 Nov 2026MEQIRI Score 62 out of 100

Ball has a debt to equity ratio of 1.29 and an interest coverage of 4.7x.

Daily figure as of 13 Nov 2026

Debt / Equity
1.29
Interest coverage
4.7x
Current ratio
1.11
Cash & equivalents
$1.21B
Total assets
$19.52B
Equity ratio
27.8%
Goodwill
$4.38B
Plus intangible assets of $982M
Net debt
$5.8B

Total assets and equity ratio

How large the balance sheet of Ball Corporation is, how much of it is equity and how much is goodwill from acquisitions.

Equity ratio

Figures as a table
YearTotal assetsGoodwill and intangible assetsof which goodwillEquity ratioNet debt
2006$5.84B$1.89B$1.77B20.0%$2.3B
2007$6.02B$1.99B$1.86B22.3%$2.21B
2008$6.37B$2.2B$1.83B17.1%$2.09B
2009$6.49B$2.39B$2.01B24.4%$2.29B
2010$6.93B$2.52B$2.11B23.9%$2.56B
2011$7.28B$2.47B$2.25B18.9%$2.98B
2012$7.51B$2.57B$2.36B17.2%$3.13B
2013$7.82B$2.63B$2.4B18.1%$3.19B
2014$7.57B$2.45B$2.25B16.4%$2.98B
2015$9.7B$2.37B$2.18B13.0%$4.83B
2016$16.17B$7.03B$5.1B21.9%$6.94B
2017$17.18B$7.4B$4.93B23.5%$6.52B
2018$16.55B$6.66B$4.48B21.5%$6.01B
2019$17.36B$6.42B$4.42B17.4%$6.26B
2020$18.25B$6.37B$4.48B18.3%$6.73B
2021$19.71B$6.07B$4.38B18.7%$7.59B
2022$19.91B$5.65B$4.24B17.7%$8.85B
2023$19.3B$5.5B$4.25B19.9%$7.87B
2024$17.63B$5.25B$4.17B33.6%$5.12B
2025$19.52B$5.36B$4.38B27.8%$5.8B

The equity ratio divides total equity, including non-controlling interests, by total assets. Net debt is debt minus cash and short-term investments; a negative figure means cash exceeds debt.

Equity and debt

What the company owns and owes

  • Cash & equivalents
  • Equity
  • Debt
Figures as a table
YearCash & equivalentsEquityDebtDebt / Equity
2006$151.5M$1.17B$2.45B2.1
2007$151.6M$1.34B$2.36B1.76
2008$324.4M$1.09B$2.41B2.22
2009$310.7M$1.58B$2.6B1.64
2010$254.6M$1.52B$2.81B1.7
2011$165.8M$1.22B$3.14B2.28
2012$174.1M$1.11B$3.31B2.56
2013$416M$1.22B$3.61B2.55
2014$191.4M$1.03B$3.17B2.56
2015$224M$1.25B$5.05B4.01
2016$597M$3.44B$7.53B2.13
2017$448M$3.94B$6.97B1.72
2018$721M$3.46B$6.73B1.89
2019$1.8B$2.95B$8.06B2.67
2020$1.37B$3.28B$8.1B2.43
2021$563M$3.63B$8.16B2.21
2022$548M$3.46B$9.4B2.67
2023$695M$3.77B$8.57B2.23
2024$893M$5.86B$6.02B1.01
2025$1.21B$5.42B$7.01B1.29

Debt to equity divides debt by total equity, including non-controlling interests, as S&P calculates it. The equity column shows the part that belongs to shareholders.

Data status and sources

Score
Daily value of 13 Nov 2026, recalculated nightly
Price
Closing price of 12 Nov 2026
Latest annual report
Fiscal year 2025, period end 31 Dec 2025
Source
Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.

Mandatory disclosures for this rating

  • ; time horizon around 12 months
  • Rated Neutral, published since 7 Nov 2026 (in the score history since 24 Apr 2026)
  • Valuation signal Fairly valued since 7 Nov 2026
  • End-of-day prices, metrics cached for up to 24 hours
  • Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
  • Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
  • Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.

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