Jones Lang LaSalle Balance Sheet Health
Financial Health criteria checks 6/6
Jones Lang LaSalle has a total shareholder equity of $6.4B and total debt of $2.6B, which brings its debt-to-equity ratio to 40.6%. Its total assets and total liabilities are $15.5B and $9.1B respectively. Jones Lang LaSalle's EBIT is $739.6M making its interest coverage ratio 5.3. It has cash and short-term investments of $396.7M.
Key information
40.6%
Debt to equity ratio
US$2.60b
Debt
Interest coverage ratio | 5.3x |
Cash | US$396.70m |
Equity | US$6.41b |
Total liabilities | US$9.07b |
Total assets | US$15.48b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0JPB's short term assets ($6.3B) exceed its short term liabilities ($5.1B).
Long Term Liabilities: 0JPB's short term assets ($6.3B) exceed its long term liabilities ($4.0B).
Debt to Equity History and Analysis
Debt Level: 0JPB's net debt to equity ratio (34.4%) is considered satisfactory.
Reducing Debt: 0JPB's debt to equity ratio has reduced from 46.6% to 40.6% over the past 5 years.
Debt Coverage: 0JPB's debt is well covered by operating cash flow (23.7%).
Interest Coverage: 0JPB's interest payments on its debt are well covered by EBIT (5.3x coverage).