Johnson & Johnson Balance Sheet Health
Financial Health criteria checks 5/6
Johnson & Johnson has a total shareholder equity of $71.5B and total debt of $41.5B, which brings its debt-to-equity ratio to 58%. Its total assets and total liabilities are $181.1B and $109.6B respectively. Johnson & Johnson's EBIT is $24.2B making its interest coverage ratio -33.2. It has cash and short-term investments of $25.5B.
Key information
58.0%
Debt to equity ratio
US$41.49b
Debt
| Interest coverage ratio | -33.2x |
| Cash | US$25.48b |
| Equity | US$71.54b |
| Total liabilities | US$109.55b |
| Total assets | US$181.09b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: JNJ0's short term assets ($57.8B) exceed its short term liabilities ($53.9B).
Long Term Liabilities: JNJ0's short term assets ($57.8B) exceed its long term liabilities ($55.6B).
Debt to Equity History and Analysis
Debt Level: JNJ0's net debt to equity ratio (22.4%) is considered satisfactory.
Reducing Debt: JNJ0's debt to equity ratio has increased from 48.4% to 58% over the past 5 years.
Debt Coverage: JNJ0's debt is well covered by operating cash flow (59.4%).
Interest Coverage: JNJ0 earns more interest than it pays, so coverage of interest payments is not a concern.