Honeywell International Balance Sheet Health
Financial Health criteria checks 3/6
Honeywell International has a total shareholder equity of $17.5B and total debt of $27.7B, which brings its debt-to-equity ratio to 158.4%. Its total assets and total liabilities are $69.3B and $51.8B respectively. Honeywell International's EBIT is $7.8B making its interest coverage ratio 15.9. It has cash and short-term investments of $9.8B.
Key information
158.4%
Debt to equity ratio
US$27.75b
Debt
| Interest coverage ratio | 15.9x |
| Cash | US$9.81b |
| Equity | US$17.52b |
| Total liabilities | US$51.81b |
| Total assets | US$69.33b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HOND's short term assets ($25.4B) exceed its short term liabilities ($21.0B).
Long Term Liabilities: HOND's short term assets ($25.4B) do not cover its long term liabilities ($30.8B).
Debt to Equity History and Analysis
Debt Level: HOND's net debt to equity ratio (102.4%) is considered high.
Reducing Debt: HOND's debt to equity ratio has increased from 88.5% to 158.4% over the past 5 years.
Debt Coverage: HOND's debt is well covered by operating cash flow (23.7%).
Interest Coverage: HOND's interest payments on its debt are well covered by EBIT (15.9x coverage).