Honeywell International Balance Sheet Health
Financial Health criteria checks 3/6
Honeywell International has a total shareholder equity of $18.2B and total debt of $18.9B, which brings its debt-to-equity ratio to 103.9%. Its total assets and total liabilities are $62.3B and $44.1B respectively. Honeywell International's EBIT is $7.2B making its interest coverage ratio 27.7. It has cash and short-term investments of $8.7B.
Key information
103.9%
Debt to equity ratio
US$18.91b
Debt
Interest coverage ratio | 27.7x |
Cash | US$8.66b |
Equity | US$18.20b |
Total liabilities | US$44.06b |
Total assets | US$62.26b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ALD's short term assets ($23.8B) exceed its short term liabilities ($19.9B).
Long Term Liabilities: ALD's short term assets ($23.8B) do not cover its long term liabilities ($24.1B).
Debt to Equity History and Analysis
Debt Level: ALD's net debt to equity ratio (56.3%) is considered high.
Reducing Debt: ALD's debt to equity ratio has increased from 80.3% to 103.9% over the past 5 years.
Debt Coverage: ALD's debt is well covered by operating cash flow (24.4%).
Interest Coverage: ALD's interest payments on its debt are well covered by EBIT (27.7x coverage).