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BALL Financial Statements and Analysis

NYSE : BALL

Ball Corporation

$51.19
-0.65-1.25%
At Close 4:00 PM
$51.50
0.31+0.61%
After-Market 04:47 PM
22.16
D+ESG ScoreESG Rating

BALL FINANCIAL STATEMENTS

An instrumental part of fundamental analysis is measuring key indicators of an asset, which are the factors that can influence its value and price. However, sometimes investors show more interest in financial statements with other factors to determine whether investing in that company is the right decision. Financial statements of a company include:

  • Balance Sheet
  • Income Statement
  • Cash Flow Statement

BALL Income Statement

A company's income statement helps investors and business owners determine whether the company is profitable or losing money. Profitability is a key factor investors consider before investing in a stock. Income statements provide them with information about a company's profitability over time. The statement also enables them to observe trends in company spending and earnings since it breaks down individual costs and revenues. Income statements also provide details on where a company's money is going when it isn't profitable or its profits fluctuate.

Date2024-09-302024-06-302024-03-312023-12-312023-09-30
reported currencyUSDUSDUSDUSDUSD
calendar year20242024202420232023
periodQ3Q2Q1Q4Q3
revenue3.082B2.978B2.861B3.403B3.571B
cost of revenue2.425B2.504B2.43B2.704B2.894B
gross profit657.00M474.00M431.00M699.00M677.00M
gross profit ratio0.2130.1590.1510.2050.19
research and development expenses00055.00M0
general and administrative expenses00000
selling and marketing expenses00000
selling general and administrative expenses142.00M173.00M284.00M130.00M135.00M
other expenses515.00M152.00M000
operating expenses657.00M173.00M284.00M392.00M349.00M
cost and expenses2.677B2.677B2.714B3.096B3.243B
interest income14.00M18.00M0109.00M122.00M
interest expense67.00M68.00M93.00M109.00M122.00M
depreciation and amortization150.00M152.00M167.00M177.00M173.00M
ebitda447.00M423.00M364.00M569.00M542.00M
ebitda ratio0.1450.1520.110.1670.152
operating income404.00M301.00M147.00M392.00M369.00M
operating income ratio0.1310.1010.0510.1150.103
total other income expenses net-177.00M-101.00M-46.00M-194.00M-163.00M
income before tax227.00M200.00M101.00M198.00M206.00M
income before tax ratio0.0740.0670.0350.0580.058
income tax expense42.00M49.00M27.00M44.00M2.00M
net income197.00M158.00M-1.01B154.00M203.00M
net income ratio0.0640.053-0.3530.0450.057
eps0.650.51-3.210.490.64
eps diluted0.650.51-3.210.490.64
weighted average shs out302.406M309.269M314.95M315.306M314.983M
weighted average shs out dil305.219M311.964M314.95M317.306M317.296M
Graph

BALL Balance Sheet

Balance sheet summarizes a company's financials and can be used as a basis by investors to determine the value of a company. It shows the value of the stock, as well as the assets and liabilities of the company. A company's balance sheet displays how its assets are put to use and how those assets are financed, based on the liabilities section. Both investors and analysts analyze a company's balance sheet to determine how it allocates its resources.

Date2024-09-302024-06-302024-03-312023-12-312023-09-30
reported currencyUSDUSDUSDUSDUSD
calendar year20242024202420232023
periodQ3Q2Q1Q4Q3
cash and cash equivalents1.44B1.348B1.734B695.00M1.335B
short term investments09.00M3.00M023.00M
cash and short term investments1.44B1.348B1.734B695.00M1.335B
net receivables2.655B2.711B3.05B2.334B2.059B
inventory1.385B1.426B1.498B1.559B1.688B
other current assets127.00M267.00M242.00M295.00M326.00M
total current assets5.607B5.752B6.524B4.883B5.408B
property plant equipment net6.868B6.875B6.979B7.82B7.264B
goodwill4.244B4.19B4.211B4.29B4.222B
intangible assets1.138B1.159B1.199B1.309B1.315B
goodwill and intangible assets5.382B5.349B5.41B5.599B5.537B
long term investments228.00M248.00M238.00M212.00M200.00M
tax assets64.00M72.00M85.00M114.00M72.00M
other non current assets675.00M665.00M662.00M675.00M1.451B
total non current assets13.217B13.209B13.374B14.42B14.524B
other assets00000
total assets18.824B18.961B19.898B19.303B19.932B
account payables3.261B3.174B3.257B3.753B3.294B
short term debt452.00M355.00M361.00M1.065B2.108B
tax payables00000
deferred revenue076.00M99.00M333.00M-3.294B
other current liabilities1.411B1.36B1.667B1.034B4.607B
total current liabilities5.124B4.889B5.384B6.185B6.715B
long term debt5.348B5.774B6.072B7.504B7.483B
deferred revenue non current02.00M2.00M898.00M-445.00M
deferred tax liabilities non current592.00M590.00M591.00M421.00M445.00M
other non current liabilities1.005B725.00M472.00M458.00M1.726B
total non current liabilities6.945B7.089B7.137B9.281B9.209B
other liabilities00000
capital lease obligations0263.00M280.00M363.00M471.00M
total liabilities12.069B11.978B12.521B15.466B15.924B
preferred stock070.00M000
common stock1.384B1.37B1.352B1.312B1.304B
retained earnings11.618B11.481B11.386B7.763B7.673B
accumulated other comprehensive income loss-912.00M-921.00M-893.00M-916.00M-642.00M
other total stockholders equity-5.407B-5.017B-4.537B-4.39B-4.327B
total stockholders equity6.683B6.913B7.308B3.769B4.008B
total equity6.755B6.983B7.377B3.837B4.078B
total liabilities and stockholders equity18.824B18.961B19.898B19.303B19.932B
minority interest72.00M70.00M69.00M68.00M70.00M
total investments228.00M248.00M238.00M212.00M200.00M
total debt5.805B6.129B6.153B8.569B9.591B
net debt4.365B4.781B4.419B7.874B8.256B
Graph

BALL Cash Flow

A cash flow statement is regarded as a valuable indicator of profitability and the long-term outlook for a company. It assists the company in evaluating whether it has sufficient funds to cover its expenses. Essentially, a cash flow statement represents an organization's financial health. The cash flow statement, which measures the business's ability to operate in the short as well as long term, is broken down into operating, investing, and financing activities.

Date2024-09-302024-06-302024-03-312023-12-312023-09-30
reported currencyUSDUSDUSDUSDUSD
calendar year20242024202420232023
periodQ3Q2Q1Q4Q3
deferred income tax152.00M9.00M176.00M20.00M-64.00M
stock based compensation000-42.00M9.00M
change in working capital636.00M-100.00M-643.00M331.00M354.00M
accounts receivables00000
inventory00000
accounts payables00000
other working capital113.00M-100.00M-643.00M331.00M354.00M
other non cash items-4.653B337.00M-691.00M96.00M90.00M
net cash provided by operating activities-465.00M252.00M-1.247B736.00M766.00M
investments in property plant and equipment507.00M-106.00M-154.00M-215.00M-222.00M
acquisitions net-299.00M05.422B00
purchases of investments00000
sales maturities of investments00000
other investing activites5.554B18.00M24.00M-12.00M0
net cash used for investing activites5.762B-88.00M5.292B-227.00M-222.00M
debt repayment-737.00M-21.00M-2.75B-1.368B-11.00M
common stock issued-17.00M0000
common stock repurchased508.00M-483.00M-182.00M00
dividends paid-60.00M-62.00M-63.00M-63.00M-63.00M
other financing activites-3.191B6.00M17.00M279.00M-80.00M
net cash used provided by financing activities-3.492B-518.00M-2.978B-1.152B-154.00M
effect of forex changes on cash-59.00M-23.00M-52.00M4.00M-9.00M
net change in cash998.00M-386.00M1.024B-639.00M381.00M
cash at end of period1.444B1.348B1.734B710.00M1.349B
cash at beginning of period446.00M1.734B710.00M1.349B968.00M
operating cashflow-465.00M252.00M-1.247B736.00M766.00M
capital expenditure507.00M-106.00M-154.00M-215.00M-222.00M
free cash flow42.00M146.00M-1.401B521.00M544.00M
Graph

Frequently Asked Questions

How did Ball Corporation do last quarter? What was its Total Revenue and Cost of Revenue?

A company's Total Revenue reveals how much money it generates before any expenses or deductions are made. As a result, this metric informs investors/stakeholders how much money the business makes. Tracking and understanding it is essential for evaluating a company's growth. As opposed to revenue, Cost of Revenue is any expenses a business incur to generate revenue. There can be high revenue in a business, but if the costs are high, it won't make a profit and will go out of business when money runs out. Therefore, BALL generated $3.08B in revenue last quarter, while its costs came in at $2.43B.

Last quarter, how much Gross Profit did Ball Corporation report?

A business's Gross Profit is a key indicator of its profitability and financial performance. In other words, it reflects how efficiently a business uses labor, raw materials, and other resources. Ball Corporation reported a $657.00M Gross Profit for the quarter ended Sep 30, 2024.

Have BALL's Total Operating Expenses and Operating Income been favorable recently?

Operational Expenses represent the costs a company must incur to generate revenue, which is the ultimate goal of a business, whereas Operating Income shows the revenue left after operational direct and indirect costs have been deducted. BALL incurred $657.00M worth of Operating Expenses, while it generated $404.00M worth of Operating Income.

How much Net Income has BALL posted recently?

The Net Income of a company is one of the factors investors consider when investing in the company. According to recent earnings report from Ball Corporation, the company generated $197.00M in Net Income. When a company has a history of consistent net income, investors are more likely to invest in it since they know they will get a return.

At the end of the last quarter, how much Cash and Equivalents did Ball Corporation have?

The amount of Cash and Cash Equivalents is an effective indicator of the financial strength and well-being of a company. An excess cash situation occurs when a company has more cash and cash equivalents than it needs for operating activities. The amount of Cash and Cash Equivalents available to Ball Corporation as of the end of the last quarter was $1.44B.

What are BALL's Total Net Receivables for the last quarter?

Total Net Receivables are a company's outstanding debts to its customers. Therefore, it refers to the amount that a company expects to collect from its customers. The higher a company's net receivables are, the more confident it is that it can collect money from its debtors. As of the end of the last quarter, BALL had Total Net Receivables of $2.66B.

In terms of Total Assets and Current Assets, where did Ball Corporation stand at?

An asset with an economic value within a year is considered a current asset. Total assets, however, also include long-term fixed assets, intangible assets, and other non-current assets. The current Assets of BALL were $5.61B, while the Total Assets stand at $18.82B.

As of the last quarter, how much Total Debt did Ball Corporation have?

The total debt of a business refers to how much it borrows. A company's current and long-term liabilities are added together to calculate its Total Debt. A debt ratio may be taken into account on a balance sheet by financial lenders, investors, and business leaders when making informed decisions about future loans or investments. The total amount of BALL's debt was $5.81B at the end of the last quarter.

What were BALL's Total Liabilities during the last reported quarter?

A company's total liabilities are the sum of all debts it is liable for, including any off-balance shee liabilities it may incur. This can be calculated by adding up all short-term and long-term liabilities. In its last quarter, BALL reported total liabilities of $12.07B.

How much did BALL's Working Capital change over the last quarter?

Working Capital Change for BALL was $636.00M over the last quarter. Working Capital Change refers to the difference between net working capital amounts at the end of one accounting period and the end of another. It tells investors/stakeholders how much the company's cash flow will differ from its Net Income (i.e., after-tax profits). More powerful companies often have positive Change in Working Capital numbers as they have increased control over collecting cash from customers and delaying payments to suppliers.

BALL generated how much cash from operating activities?

An operating cash flow statement usually contains cash from operating activities in the first section. An organization's cash from operating activities refers to the money it takes in and takes out as a result of its regular business operations. BALL generated -$465.00M of Cash from Operating Activities during its recently reported quarter.

What was BALL's latest reported Net Change in Cash?

An increase or decrease in cash and cash equivalent balances within a specified period is considered the net change in cash in a cash flow statement. Furthermore, it takes into account cash changes as a result of investments, financing, and operating activities. BALL reported a $998.00M Net Change in Cash in the most recent quarter.

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