Johnson Controls International Balance Sheet Health
Financial Health criteria checks 1/6
Johnson Controls International has a total shareholder equity of $16.8B and total debt of $10.7B, which brings its debt-to-equity ratio to 63.7%. Its total assets and total liabilities are $43.5B and $26.6B respectively. Johnson Controls International's EBIT is $2.1B making its interest coverage ratio 6. It has cash and short-term investments of $843.0M.
Key information
63.7%
Debt to equity ratio
US$10.72b
Debt
Interest coverage ratio | 6x |
Cash | US$843.00m |
Equity | US$16.84b |
Total liabilities | US$26.62b |
Total assets | US$43.46b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: J1CI34's short term assets ($11.9B) do not cover its short term liabilities ($13.6B).
Long Term Liabilities: J1CI34's short term assets ($11.9B) do not cover its long term liabilities ($13.0B).
Debt to Equity History and Analysis
Debt Level: J1CI34's net debt to equity ratio (58.7%) is considered high.
Reducing Debt: J1CI34's debt to equity ratio has increased from 58.1% to 63.7% over the past 5 years.
Debt Coverage: J1CI34's debt is not well covered by operating cash flow (16.4%).
Interest Coverage: J1CI34's interest payments on its debt are well covered by EBIT (6x coverage).