Johnson Controls International Balance Sheet Health
Financial Health criteria checks 2/6
Johnson Controls International has a total shareholder equity of $17.9B and total debt of $10.6B, which brings its debt-to-equity ratio to 59.5%. Its total assets and total liabilities are $44.0B and $26.1B respectively. Johnson Controls International's EBIT is $2.8B making its interest coverage ratio 9. It has cash and short-term investments of $1.8B.
Key information
59.5%
Debt to equity ratio
US$10.64b
Debt
| Interest coverage ratio | 9x |
| Cash | US$1.80b |
| Equity | US$17.87b |
| Total liabilities | US$26.11b |
| Total assets | US$43.98b |
Recent financial health updates
Johnson Controls International (NYSE:JCI) Seems To Use Debt Quite Sensibly
Feb 29
Johnson Controls International (NYSE:JCI) Seems To Use Debt Quite Sensibly
Oct 15These 4 Measures Indicate That Johnson Controls International (NYSE:JCI) Is Using Debt Reasonably Well
Jul 07We Think Johnson Controls International (NYSE:JCI) Is Taking Some Risk With Its Debt
Mar 27Johnson Controls International (NYSE:JCI) Has A Pretty Healthy Balance Sheet
Dec 26Recent updates
Estimating The Fair Value Of Johnson Controls International plc (NYSE:JCI)
Mar 24Johnson Controls International (NYSE:JCI) Seems To Use Debt Quite Sensibly
Feb 29Johnson Controls: 2.7% Yield And A Realistic Path To 15% Annual Returns
Jan 23Johnson Controls Using Green-Dominance To Pivot To High-Value Services
Dec 13Is Now The Time To Look At Buying Johnson Controls International plc (NYSE:JCI)?
Nov 26Johnson Controls: Powering The Future Of Infrastructure Spending
Nov 22Johnson Controls International (NYSE:JCI) Seems To Use Debt Quite Sensibly
Oct 15Do Johnson Controls International's (NYSE:JCI) Earnings Warrant Your Attention?
Oct 01Johnson Controls: Stable Prospects, Valuation Appears Fair
Sep 19Johnson Controls International (NYSE:JCI) Will Pay A Larger Dividend Than Last Year At $0.37
Sep 16Is There An Opportunity With Johnson Controls International plc's (NYSE:JCI) 21% Undervaluation?
Sep 01Should You Think About Buying Johnson Controls International plc (NYSE:JCI) Now?
Aug 02Johnson Controls: Building Further On A Now-Focused Business
Jul 17These 4 Measures Indicate That Johnson Controls International (NYSE:JCI) Is Using Debt Reasonably Well
Jul 07Johnson Controls International (NYSE:JCI) Is Increasing Its Dividend To $0.37
Jun 10Johnson Controls International (NYSE:JCI) Ticks All The Boxes When It Comes To Earnings Growth
Jun 07Johnson Controls: Margin Profile Should Improve Over Time
Jun 07Estimating The Intrinsic Value Of Johnson Controls International plc (NYSE:JCI)
May 25Is Now The Time To Look At Buying Johnson Controls International plc (NYSE:JCI)?
May 02We Think Johnson Controls International (NYSE:JCI) Is Taking Some Risk With Its Debt
Mar 27Johnson Controls, PURO UV and Ushio collaborate to study filtered far UV-C tech
Feb 13A Look At The Intrinsic Value Of Johnson Controls International plc (NYSE:JCI)
Feb 13Johnson Controls International Non-GAAP EPS of $0.67 in-line, revenue of $6.07B misses by $180M, updates FY23 guidance
Feb 01Johnson Controls acquires Hybrid Energy
Jan 13What Is Johnson Controls International plc's (NYSE:JCI) Share Price Doing?
Jan 11Johnson Controls International (NYSE:JCI) Has A Pretty Healthy Balance Sheet
Dec 26Johnson Controls International (NYSE:JCI) Has Announced A Dividend Of $0.35
Dec 11Johnson Controls International declares $0.35 dividend
Dec 07Johnson Controls International Non-GAAP EPS of $0.99 beats by $0.01, revenue of $6.73B misses by $30M
Nov 03Johnson Controls International plc's (NYSE:JCI) Intrinsic Value Is Potentially 58% Above Its Share Price
Oct 19Johnson Controls: A Good Long Term Pick At A Reasonable Valuation
Sep 23Johnson Controls International plc declares $0.35 dividend
Sep 14Here's Why Johnson Controls International (NYSE:JCI) Can Manage Its Debt Responsibly
Sep 13Johnson Controls prices $400M debt offering
Sep 07Johnson Controls prices €600M senior note offering
Aug 25Johnson Controls: Opportunity For Future Growth, But Better Options Might Exist
Aug 19Financial Position Analysis
Short Term Liabilities: JCI's short term assets ($12.1B) do not cover its short term liabilities ($12.4B).
Long Term Liabilities: JCI's short term assets ($12.1B) do not cover its long term liabilities ($13.7B).
Debt to Equity History and Analysis
Debt Level: JCI's net debt to equity ratio (49.4%) is considered high.
Reducing Debt: JCI's debt to equity ratio has increased from 55.6% to 59.5% over the past 5 years.
Debt Coverage: JCI's debt is well covered by operating cash flow (21.4%).
Interest Coverage: JCI's interest payments on its debt are well covered by EBIT (9x coverage).