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 $281.5M making its interest coverage ratio 24.3. 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 | 24.3x |
| 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: JELC.F's short term assets ($2.2B) exceed its short term liabilities ($1.1B).
Long Term Liabilities: JELC.F's short term assets ($2.2B) exceed its long term liabilities ($478.2M).
Debt to Equity History and Analysis
Debt Level: JELC.F has more cash than its total debt.
Reducing Debt: JELC.F's debt to equity ratio has reduced from 26.8% to 21.6% over the past 5 years.
Debt Coverage: JELC.F's debt is well covered by operating cash flow (103.8%).
Interest Coverage: JELC.F's interest payments on its debt are well covered by EBIT (24.3x coverage).