Jacobs Solutions Balance Sheet Health
Financial Health criteria checks 5/6
Jacobs Solutions has a total shareholder equity of $5.4B and total debt of $2.2B, which brings its debt-to-equity ratio to 41.3%. Its total assets and total liabilities are $11.8B and $6.4B respectively. Jacobs Solutions's EBIT is $836.6M making its interest coverage ratio 6.2. It has cash and short-term investments of $1.9B.
Key information
41.3%
Debt to equity ratio
US$2.22b
Debt
| Interest coverage ratio | 6.2x |
| Cash | US$1.89b |
| Equity | US$5.39b |
| Total liabilities | US$6.37b |
| Total assets | US$11.76b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: Z0Y's short term assets ($4.9B) exceed its short term liabilities ($4.1B).
Long Term Liabilities: Z0Y's short term assets ($4.9B) exceed its long term liabilities ($2.3B).
Debt to Equity History and Analysis
Debt Level: Z0Y's net debt to equity ratio (6.1%) is considered satisfactory.
Reducing Debt: Z0Y's debt to equity ratio has increased from 24.3% to 41.3% over the past 5 years.
Debt Coverage: Z0Y's debt is well covered by operating cash flow (47.4%).
Interest Coverage: Z0Y's interest payments on its debt are well covered by EBIT (6.2x coverage).