Johnson Electric Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Johnson Electric Holdings has a total shareholder equity of $2.6B and total debt of $560.8M, which brings its debt-to-equity ratio to 21.6%. Its total assets and total liabilities are $4.2B and $1.6B respectively. Johnson Electric Holdings's EBIT is $285.3M making its interest coverage ratio 9. It has cash and short-term investments of $827.9M.
Key information
21.6%
Debt to equity ratio
US$560.80m
Debt
Interest coverage ratio | 9x |
Cash | US$827.87m |
Equity | US$2.60b |
Total liabilities | US$1.62b |
Total assets | US$4.22b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 179's short term assets ($2.2B) exceed its short term liabilities ($1.1B).
Long Term Liabilities: 179's short term assets ($2.2B) exceed its long term liabilities ($478.2M).
Debt to Equity History and Analysis
Debt Level: 179 has more cash than its total debt.
Reducing Debt: 179's debt to equity ratio has reduced from 26.8% to 21.6% over the past 5 years.
Debt Coverage: 179's debt is well covered by operating cash flow (103.8%).
Interest Coverage: 179's interest payments on its debt are well covered by EBIT (9x coverage).