AMCRAmcor
Is it safe?
Elevated bankruptcy risk: a balance sheet under strain. Everything else is secondary until this clears.
Elevated financial-distress risk Altman Z-score, a bankruptcy-risk model from five balance-sheet ratios.
Investment-grade balance sheet. A rule of thumb on leverage, not a credit rating.
Moderate price swings, typical volatility. Worst drawdown -48% · now 15% below its 52-week high.
Where this answer is blind. Altman sits structurally low for utilities and pipelines; Beneish runs high for fast growers, since sales growth alone lifts it; banks and REITs are excluded.
Can AMCR take a bad year?
Amcor carries $12.9B of net debt at 3.85× EBITDA: a load its earnings can carry.
Net debt · as at Q4 2026 · between two and four years of EBITDA, normal for a stable business
- Net debt / EBITDA
- 3.85×
Net debt / EBITDA · 7.65× a year ago · the load is coming down
- Altman Z-score
- 0.56
Altman Z-score · distress zone, below 1.8
- Debt / equity
- 1.19×
Debt / equity
Details›
- Total debtQ4 2026
- $14.0B
- Cash and short-term investments
- $1.11B
- Net debt
- $12.9B
- EBITDA, trailing twelve months
- $3.35B
- Operating profit, trailing twelve months
- $1.90B
- Debt / equity
- 1.19×
- Total debt / EBITDA
- 4.18×
- Annualised volatilitytwo years of daily moves
- 28%
- Worst drawdown on file
- −48%
- Below its 52-week high
- 15%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Packaging & Containers
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