Johnson & Johnson Balance Sheet Health
Financial Health criteria checks 4/6
Johnson & Johnson has a total shareholder equity of $70.2B and total debt of $35.8B, which brings its debt-to-equity ratio to 51%. Its total assets and total liabilities are $178.3B and $108.1B respectively. Johnson & Johnson's EBIT is $23.1B making its interest coverage ratio -35.9. It has cash and short-term investments of $20.3B.
Key information
51.0%
Debt to equity ratio
US$35.75b
Debt
| Interest coverage ratio | -35.9x |
| Cash | US$20.30b |
| Equity | US$70.16b |
| Total liabilities | US$108.13b |
| Total assets | US$178.29b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: JNJD's short term assets ($53.2B) exceed its short term liabilities ($51.8B).
Long Term Liabilities: JNJD's short term assets ($53.2B) do not cover its long term liabilities ($56.4B).
Debt to Equity History and Analysis
Debt Level: JNJD's net debt to equity ratio (22%) is considered satisfactory.
Reducing Debt: JNJD's debt to equity ratio has increased from 50.2% to 51% over the past 5 years.
Debt Coverage: JNJD's debt is well covered by operating cash flow (70.3%).
Interest Coverage: JNJD earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 20:20 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/09/29 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Johnson & Johnson is covered by 59 analysts. 22 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| David Toung | Argus Research Company |
| Charles Butler | Barclays |
| Matt Miksic | Barclays |