Sonoco Products Company

NYSE SON

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Sonoco Products Company Debt to Income Ratio 5 year CAGR for the quarter ending March 31, 2024: 19.83%

Sonoco Products Company Debt to Income Ratio 5 year CAGR is 19.83% for the quarter ending March 31, 2024, a 1,191.72% change year over year. The debt to income ratio measures the level of debt relative to a company's net income. It is calculated by dividing total debt by net income. This ratio provides insights into the company's ability to generate sufficient income to cover its debt obligations. A higher ratio indicates a higher level of debt burden relative to the company's income. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.
  • Sonoco Products Company Debt to Income Ratio for the quarter ending March 31, 2023 was 21.34, a -22.37% change year over year.
  • Sonoco Products Company Debt to Income Ratio for the quarter ending March 31, 2022 was 27.49, a 17.22% change year over year.
  • Sonoco Products Company Debt to Income Ratio for the quarter ending March 31, 2021 was 23.45, a 15.00% change year over year.
  • Sonoco Products Company Debt to Income Ratio for the quarter ending March 31, 2020 was 20.40, a 6.51% change year over year.
NYSE: SON

Sonoco Products Company

CEO Mr. Robert Howard Coker
IPO Date June 11, 1985
Location United States
Headquarters 1 North Second Street, Hartsville, SC, United States, 29550
Employees 22,000
Sector Consumer Cyclical
Industry Packaging & containers
Description

Sonoco Products Company, together with its subsidiaries, designs, develops, manufactures, and sells various engineered and sustainable packaging products in North and South America, Europe, Australia, and Asia. The company operates Consumer Packaging and Industrial Paper Packaging segments. The Consumer Packaging segment offers round and shaped rigid paper, steel, and plastic containers; metal and peelable membrane ends, closures, and components; thermoformed plastic trays and enclosures; and high-barrier flexible packaging products. The Industrial Paper Packaging segment provides paperboard tubes, cones, and cores; paper-based protective packaging products; and uncoated recycled paperboard products. It also offers various packaging materials, including plastic, paper, foam, and other specialty materials. Sonoco Products Company sells its products in various markets, which include paper, textile, film, food, packaging, construction, and wire and cable. The company was founded in 1899 and is headquartered in Hartsville, South Carolina.

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StockViz Staff

September 19, 2024

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