Sonoco Products Company

NYSE SON

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Sonoco Products Company Total Liabilities to Total Assets Ratio 1 year YoY Change (%) for the Trailing 12 Months (TTM) ending March 31, 2024: -6.68%

Sonoco Products Company Total Liabilities to Total Assets Ratio 1 year YoY Change (%) is -6.68% for the Trailing 12 Months (TTM) ending March 31, 2024, a -177.47% change year over year. The total liabilities to total assets ratio measures the proportion of total liabilities to total assets. It is calculated by dividing the total liabilities by the total assets. This ratio provides insights into the company's financial leverage and the proportion of its assets financed by liabilities. A higher ratio indicates a higher level of financial risk and reliance on liabilities for asset acquisition. The measure "Change (%)" refers to the percentage change in the value of a financial metric between two time points. This measure provides a relative perspective on the magnitude of change.
  • Sonoco Products Company Total Liabilities to Total Assets Ratio for the Trailing 12 Months (TTM) ending March 31, 2023 was 0.71, a 8.62% change year over year.
  • Sonoco Products Company Total Liabilities to Total Assets Ratio for the Trailing 12 Months (TTM) ending March 31, 2022 was 0.65, a -0.73% change year over year.
  • Sonoco Products Company Total Liabilities to Total Assets Ratio for the Trailing 12 Months (TTM) ending March 31, 2021 was 0.66, a 3.36% change year over year.
  • Sonoco Products Company Total Liabilities to Total Assets Ratio for the Trailing 12 Months (TTM) ending March 31, 2020 was 0.64, a 3.27% 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 20, 2024

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