Jacobs Solutions Balance Sheet Health
Financial Health criteria checks 6/6
Jacobs Solutions has a total shareholder equity of $7.4B and total debt of $2.9B, which brings its debt-to-equity ratio to 39.1%. Its total assets and total liabilities are $15.0B and $7.6B respectively. Jacobs Solutions's EBIT is $1.2B making its interest coverage ratio 8.5. It has cash and short-term investments of $1.1B.
Key information
39.1%
Debt to equity ratio
US$2.89b
Debt
| Interest coverage ratio | 8.5x |
| Cash | US$1.14b |
| Equity | US$7.39b |
| Total liabilities | US$7.56b |
| Total assets | US$14.95b |
Recent financial health updates
Here's Why Jacobs Solutions (NYSE:J) Can Manage Its Debt Responsibly
Apr 05
Here's Why Jacobs Solutions (NYSE:J) Can Manage Its Debt Responsibly
Oct 30These 4 Measures Indicate That Jacobs Solutions (NYSE:J) Is Using Debt Reasonably Well
Jul 20Jacobs Solutions (NYSE:J) Has A Pretty Healthy Balance Sheet
Apr 13Here's Why Jacobs Solutions (NYSE:J) Can Manage Its Debt Responsibly
Jan 03Recent updates
Jacobs Solutions: Structural Growth From Infrastructure Modernization And Sustainability
Apr 22Here's Why Jacobs Solutions (NYSE:J) Can Manage Its Debt Responsibly
Apr 05Is Now The Time To Put Jacobs Solutions (NYSE:J) On Your Watchlist?
Mar 12We Like The Quality Of Jacobs Solutions' (NYSE:J) Earnings
Feb 13Jacobs Solutions Inc. Just Recorded A 17% EPS Beat: Here's What Analysts Are Forecasting Next
Feb 09Jacobs Solutions: Analyzing The Impact Of Global Geopolitics
Feb 05Why Investors Shouldn't Be Surprised By Jacobs Solutions Inc.'s (NYSE:J) P/E
Jan 15An Intrinsic Calculation For Jacobs Solutions Inc. (NYSE:J) Suggests It's 50% Undervalued
Dec 18If EPS Growth Is Important To You, Jacobs Solutions (NYSE:J) Presents An Opportunity
Dec 04Is Jacobs Solutions Inc. (NYSE:J) Potentially Undervalued?
Nov 14Jacobs Solutions: Building A Sustainable Future Worldwide, But Valuation Does Not Suggest Upside
Nov 12Here's Why Jacobs Solutions (NYSE:J) Can Manage Its Debt Responsibly
Oct 30Jacobs Solutions: CMS Spin-Off Could Create Shareholder Value
Oct 11Jacobs Solutions Inc. (NYSE:J) Shares Could Be 45% Below Their Intrinsic Value Estimate
Sep 18If EPS Growth Is Important To You, Jacobs Solutions (NYSE:J) Presents An Opportunity
Sep 03Is Jacobs Solutions Inc. (NYSE:J) Potentially Undervalued?
Aug 05Jacobs Solutions: Good Buy Pre-Spinoff
Jul 26These 4 Measures Indicate That Jacobs Solutions (NYSE:J) Is Using Debt Reasonably Well
Jul 20Are Investors Undervaluing Jacobs Solutions Inc. (NYSE:J) By 38%?
Jun 07Jacobs Solutions (NYSE:J) Is Paying Out A Larger Dividend Than Last Year
May 24Should You Investigate Jacobs Solutions Inc. (NYSE:J) At US$115?
Apr 29Jacobs Solutions (NYSE:J) Has A Pretty Healthy Balance Sheet
Apr 13An Intrinsic Calculation For Jacobs Solutions Inc. (NYSE:J) Suggests It's 39% Undervalued
Mar 04Jacobs wins $3.2B contract at NASA Kennedy Space Center
Feb 24Jacobs Solutions (NYSE:J) Is Increasing Its Dividend To $0.26
Feb 15Here's Why Jacobs Solutions (NYSE:J) Has Caught The Eye Of Investors
Feb 13Jacobs Engineering Q1 2023 Earnings Preview
Feb 06Jacobs Solutions (NYSE:J) Will Pay A Larger Dividend Than Last Year At $0.26
Jan 30Jacobs appoints CEO
Jan 24Jacobs bags a role on transport for London's Capital Program Delivery Partner Contract
Jan 18Jacobs consortium to plan dismantling of Ignalina nuclear power plant
Jan 05Here's Why Jacobs Solutions (NYSE:J) Can Manage Its Debt Responsibly
Jan 03Is Jacobs Solutions Inc. (NYSE:J) Potentially Undervalued?
Dec 20Jacobs gets contract to provide consulting services for US air bases in Japan
Dec 13Jacobs secures new contract to support U.K.'s fusion energy research program
Dec 07Jacobs Solutions Inc. (NYSE:J) Shares Could Be 48% Below Their Intrinsic Value Estimate
Nov 22If EPS Growth Is Important To You, Jacobs Solutions (NYSE:J) Presents An Opportunity
Nov 08Financial Position Analysis
Short Term Liabilities: J's short term assets ($5.0B) exceed its short term liabilities ($3.6B).
Long Term Liabilities: J's short term assets ($5.0B) exceed its long term liabilities ($3.9B).
Debt to Equity History and Analysis
Debt Level: J's net debt to equity ratio (23.7%) is considered satisfactory.
Reducing Debt: J's debt to equity ratio has reduced from 45.8% to 39.1% over the past 5 years.
Debt Coverage: J's debt is well covered by operating cash flow (37.7%).
Interest Coverage: J's interest payments on its debt are well covered by EBIT (8.5x coverage).