Johnson Controls International Balance Sheet Health
Financial Health criteria checks 2/6
Johnson Controls International has a total shareholder equity of $17.4B and total debt of $9.5B, which brings its debt-to-equity ratio to 54.7%. Its total assets and total liabilities are $42.7B and $25.3B respectively. Johnson Controls International's EBIT is $2.5B making its interest coverage ratio 6.8. It has cash and short-term investments of $606.0M.
Key information
54.7%
Debt to equity ratio
US$9.49b
Debt
| Interest coverage ratio | 6.8x |
| Cash | US$606.00m |
| Equity | US$17.36b |
| Total liabilities | US$25.33b |
| Total assets | US$42.70b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: J1CI34's short term assets ($11.2B) do not cover its short term liabilities ($12.0B).
Long Term Liabilities: J1CI34's short term assets ($11.2B) do not cover its long term liabilities ($13.4B).
Debt to Equity History and Analysis
Debt Level: J1CI34's net debt to equity ratio (51.2%) is considered high.
Reducing Debt: J1CI34's debt to equity ratio has increased from 34.7% to 54.7% over the past 5 years.
Debt Coverage: J1CI34's debt is well covered by operating cash flow (22.1%).
Interest Coverage: J1CI34's interest payments on its debt are well covered by EBIT (6.8x coverage).