John Bean Technologies Balance Sheet Health
Financial Health criteria checks 5/6
John Bean Technologies has a total shareholder equity of $1.5B and total debt of $646.4M, which brings its debt-to-equity ratio to 43.4%. Its total assets and total liabilities are $2.7B and $1.2B respectively. John Bean Technologies's EBIT is $181.4M making its interest coverage ratio 16.6. It has cash and short-term investments of $483.3M.
Key information
43.4%
Debt to equity ratio
US$646.40m
Debt
Interest coverage ratio | 16.6x |
Cash | US$483.30m |
Equity | US$1.49b |
Total liabilities | US$1.22b |
Total assets | US$2.71b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: JBT's short term assets ($1.1B) exceed its short term liabilities ($484.4M).
Long Term Liabilities: JBT's short term assets ($1.1B) exceed its long term liabilities ($737.1M).
Debt to Equity History and Analysis
Debt Level: JBT's net debt to equity ratio (11%) is considered satisfactory.
Reducing Debt: JBT's debt to equity ratio has reduced from 84.8% to 43.4% over the past 5 years.
Debt Coverage: JBT's debt is not well covered by operating cash flow (6.1%).
Interest Coverage: JBT's interest payments on its debt are well covered by EBIT (16.6x coverage).