Jabil Balance Sheet Health
Financial Health criteria checks 5/6
Jabil has a total shareholder equity of $1.7B and total debt of $2.9B, which brings its debt-to-equity ratio to 165.8%. Its total assets and total liabilities are $17.4B and $15.6B respectively. Jabil's EBIT is $1.4B making its interest coverage ratio 8.4. It has cash and short-term investments of $2.2B.
Key information
165.8%
Debt to equity ratio
US$2.88b
Debt
| Interest coverage ratio | 8.4x |
| Cash | US$2.23b |
| Equity | US$1.74b |
| Total liabilities | US$15.61b |
| Total assets | US$17.35b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: JBL's short term assets ($12.8B) exceed its short term liabilities ($11.8B).
Long Term Liabilities: JBL's short term assets ($12.8B) exceed its long term liabilities ($3.8B).
Debt to Equity History and Analysis
Debt Level: JBL's net debt to equity ratio (37.5%) is considered satisfactory.
Reducing Debt: JBL's debt to equity ratio has increased from 133.5% to 165.8% over the past 5 years.
Debt Coverage: JBL's debt is well covered by operating cash flow (59.6%).
Interest Coverage: JBL's interest payments on its debt are well covered by EBIT (8.4x coverage).