Johnson Controls International Balance Sheet Health
Financial Health criteria checks 2/6
Johnson Controls International has a total shareholder equity of $17.9B and total debt of $10.6B, which brings its debt-to-equity ratio to 59.5%. Its total assets and total liabilities are $44.0B and $26.1B respectively. Johnson Controls International's EBIT is $2.8B making its interest coverage ratio 9. It has cash and short-term investments of $1.8B.
Key information
59.5%
Debt to equity ratio
US$10.64b
Debt
Interest coverage ratio | 9x |
Cash | US$1.80b |
Equity | US$17.87b |
Total liabilities | US$26.11b |
Total assets | US$43.98b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TYIA's short term assets ($12.1B) do not cover its short term liabilities ($12.4B).
Long Term Liabilities: TYIA's short term assets ($12.1B) do not cover its long term liabilities ($13.7B).
Debt to Equity History and Analysis
Debt Level: TYIA's net debt to equity ratio (49.4%) is considered high.
Reducing Debt: TYIA's debt to equity ratio has increased from 55.6% to 59.5% over the past 5 years.
Debt Coverage: TYIA's debt is well covered by operating cash flow (21.4%).
Interest Coverage: TYIA's interest payments on its debt are well covered by EBIT (9x coverage).