John Bean Technologies Balance Sheet Health
Financial Health criteria checks 5/6
John Bean Technologies has a total shareholder equity of $1.6B and total debt of $648.3M, which brings its debt-to-equity ratio to 40.9%. Its total assets and total liabilities are $2.8B and $1.2B respectively. John Bean Technologies's EBIT is $192.5M making its interest coverage ratio -19.6. It has cash and short-term investments of $535.5M.
Key information
40.9%
Debt to equity ratio
US$648.30m
Debt
| Interest coverage ratio | -19.6x |
| Cash | US$535.50m |
| Equity | US$1.59b |
| Total liabilities | US$1.20b |
| Total assets | US$2.79b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: JBT's short term assets ($1.2B) exceed its short term liabilities ($473.4M).
Long Term Liabilities: JBT's short term assets ($1.2B) exceed its long term liabilities ($730.5M).
Debt to Equity History and Analysis
Debt Level: JBT's net debt to equity ratio (7.1%) is considered satisfactory.
Reducing Debt: JBT's debt to equity ratio has reduced from 147.1% to 40.9% over the past 5 years.
Debt Coverage: JBT's debt is not well covered by operating cash flow (11.8%).
Interest Coverage: JBT earns more interest than it pays, so coverage of interest payments is not a concern.