Honeywell International Balance Sheet Health
Financial Health criteria checks 3/6
Honeywell International has a total shareholder equity of $17.1B and total debt of $25.1B, which brings its debt-to-equity ratio to 147.1%. Its total assets and total liabilities are $65.6B and $48.6B respectively. Honeywell International's EBIT is $7.7B making its interest coverage ratio 16.6. It has cash and short-term investments of $12.0B.
Key information
147.1%
Debt to equity ratio
US$25.08b
Debt
Interest coverage ratio | 16.6x |
Cash | US$12.01b |
Equity | US$17.05b |
Total liabilities | US$48.59b |
Total assets | US$65.65b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HONCL's short term assets ($27.4B) exceed its short term liabilities ($16.5B).
Long Term Liabilities: HONCL's short term assets ($27.4B) do not cover its long term liabilities ($32.1B).
Debt to Equity History and Analysis
Debt Level: HONCL's net debt to equity ratio (76.7%) is considered high.
Reducing Debt: HONCL's debt to equity ratio has increased from 83.8% to 147.1% over the past 5 years.
Debt Coverage: HONCL's debt is well covered by operating cash flow (26.2%).
Interest Coverage: HONCL's interest payments on its debt are well covered by EBIT (16.6x coverage).