Financing

Net change in commercial paper

Smurfit Kappa Group Net change in commercial paper increased by 447.3% to $507.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 106.1%, from $246.00M to $507.00M.

Analysis

StatementCash Flow Statement
SectionFinancing
CategoryLiquidity
SignalContext dependent
VolatilityVolatile
First reportedQ4 2022
Last reportedQ3 2025

How to read this metric

An increase indicates the company is utilizing short-term debt to fund operations or bridge liquidity gaps, while a decrease suggests the company is paying down short-term obligations or shifting to other financing sources. Frequent or large net increases may signal a reliance on volatile short-term credit markets.

Detailed definition

This metric represents the net change in short-term unsecured promissory notes issued by a company to meet immediate wor...

Peer comparison

Common among large-cap technology and industrial firms with high working capital requirements; peers often use this as a flexible, low-cost alternative to revolving credit lines.

Metric ID: commercial_paper_net

Historical Data

14 periods
 Q1 '22Q2 '22Q3 '22Q4 '22Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$0.00$0.00$0.00$0.00$0.00$0.00$0.00-$33.00M$34.00M$246.00M-$264.00M-$227.00M-$146.00M$507.00M
QoQ Change+203.0%+623.5%-207.3%+14.0%+35.7%+447.3%
YoY Change-587.9%-529.4%+106.1%
Range-$264.00M$507.00M
Avg YoY Growth-337.1%
Median YoY Growth-529.4%
Current Streak3 quarters growth

Frequently Asked Questions

What is Smurfit Kappa Group's net change in commercial paper?
Smurfit Kappa Group (SW) reported net change in commercial paper of $507.00M in Q1 2026.
How has Smurfit Kappa Group's net change in commercial paper changed year-over-year?
Smurfit Kappa Group's net change in commercial paper increased by 106.1% year-over-year, from $246.00M to $507.00M.
What does net change in commercial paper mean?
The net amount of short-term debt borrowed or repaid through commercial paper markets during the period.