Johnson & Johnson Balance Sheet Health
Financial Health criteria checks 6/6
Johnson & Johnson has a total shareholder equity of $70.0B and total debt of $33.6B, which brings its debt-to-equity ratio to 48%. Its total assets and total liabilities are $172.0B and $101.9B respectively. Johnson & Johnson's EBIT is $23.6B making its interest coverage ratio -33.1. It has cash and short-term investments of $26.2B.
Key information
48.0%
Debt to equity ratio
US$33.63b
Debt
Interest coverage ratio | -33.1x |
Cash | US$26.22b |
Equity | US$70.02b |
Total liabilities | US$101.95b |
Total assets | US$171.97b |
Recent financial health updates
No updates
Recent updates
Johnson & Johnson's (NYSE:JNJ) Dividend Will Be Increased To $1.24
May 03Johnson & Johnson (NYSE:JNJ) Will Pay A Larger Dividend Than Last Year At $1.24
Apr 19Johnson & Johnson: Buy This Bargain Before It's Gone
Apr 18Johnson & Johnson Q1 Earnings Preview: Shockwave Could Be A Good Fit Despite Headwinds
Apr 11With Lawsuit And Medtech Tailwinds - Johnson & Johnson May Be Back
Mar 28Johnson & Johnson: A Clean Bill Of Health
Feb 28Is There An Opportunity With Johnson & Johnson's (NYSE:JNJ) 43% Undervaluation?
Feb 12Johnson & Johnson: A High-Quality Dividend King Facing Furious Headwinds
Feb 10Johnson & Johnson: Balance Growth Between MedTech And Medicine, Initiate With A 'Buy'
Jan 25Financial Position Analysis
Short Term Liabilities: JNJ's short term assets ($57.0B) exceed its short term liabilities ($48.7B).
Long Term Liabilities: JNJ's short term assets ($57.0B) exceed its long term liabilities ($53.2B).
Debt to Equity History and Analysis
Debt Level: JNJ's net debt to equity ratio (10.6%) is considered satisfactory.
Reducing Debt: JNJ's debt to equity ratio has reduced from 49.8% to 48% over the past 5 years.
Debt Coverage: JNJ's debt is well covered by operating cash flow (69%).
Interest Coverage: JNJ earns more interest than it pays, so coverage of interest payments is not a concern.