Kenvue Balance Sheet Health
Financial Health criteria checks 2/6
Kenvue has a total shareholder equity of $10.6B and total debt of $8.6B, which brings its debt-to-equity ratio to 80.5%. Its total assets and total liabilities are $27.3B and $16.7B respectively. Kenvue's EBIT is $3.0B making its interest coverage ratio 8.6. It has cash and short-term investments of $1.2B.
Key information
80.5%
Debt to equity ratio
US$8.56b
Debt
Interest coverage ratio | 8.6x |
Cash | US$1.16b |
Equity | US$10.62b |
Total liabilities | US$16.66b |
Total assets | US$27.28b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: J4D's short term assets ($6.1B) do not cover its short term liabilities ($6.2B).
Long Term Liabilities: J4D's short term assets ($6.1B) do not cover its long term liabilities ($10.5B).
Debt to Equity History and Analysis
Debt Level: J4D's net debt to equity ratio (69.7%) is considered high.
Reducing Debt: Insufficient data to determine if J4D's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: J4D's debt is well covered by operating cash flow (31%).
Interest Coverage: J4D's interest payments on its debt are well covered by EBIT (8.6x coverage).