Johnson Controls International Balance Sheet Health
Financial Health criteria checks 2/6
Johnson Controls International has a total shareholder equity of $17.1B and total debt of $10.5B, which brings its debt-to-equity ratio to 61.4%. Its total assets and total liabilities are $43.4B and $26.3B respectively. Johnson Controls International's EBIT is $2.5B making its interest coverage ratio 10.2. It has cash and short-term investments of $2.0B.
Key information
61.4%
Debt to equity ratio
US$10.49b
Debt
Interest coverage ratio | 10.2x |
Cash | US$1.98b |
Equity | US$17.08b |
Total liabilities | US$26.34b |
Total assets | US$43.42b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: JCI1 N's short term assets ($12.8B) exceed its short term liabilities ($12.4B).
Long Term Liabilities: JCI1 N's short term assets ($12.8B) do not cover its long term liabilities ($13.9B).
Debt to Equity History and Analysis
Debt Level: JCI1 N's net debt to equity ratio (49.9%) is considered high.
Reducing Debt: JCI1 N's debt to equity ratio has increased from 54.7% to 61.4% over the past 5 years.
Debt Coverage: JCI1 N's debt is not well covered by operating cash flow (16.1%).
Interest Coverage: JCI1 N's interest payments on its debt are well covered by EBIT (10.2x coverage).