Jacobs Solutions Balance Sheet Health
Financial Health criteria checks 5/6
Jacobs Solutions has a total shareholder equity of $7.4B and total debt of $2.9B, which brings its debt-to-equity ratio to 39.4%. Its total assets and total liabilities are $15.0B and $7.6B respectively. Jacobs Solutions's EBIT is $1.1B making its interest coverage ratio 8. It has cash and short-term investments of $1.2B.
Key information
39.4%
Debt to equity ratio
US$2.92b
Debt
Interest coverage ratio | 8x |
Cash | US$1.21b |
Equity | US$7.41b |
Total liabilities | US$7.64b |
Total assets | US$15.05b |
Recent financial health updates
Here's Why Jacobs Solutions (NYSE:J) Can Manage Its Debt Responsibly
Apr 05Here'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 13Recent updates
Are Investors Undervaluing Jacobs Solutions Inc. (NYSE:J) By 47%?
Aug 08Jacobs Solutions: Strategically Positioned In The Infrastructure Sector
Jul 09Earnings Tell The Story For Jacobs Solutions Inc. (NYSE:J)
Jun 11Jacobs Solutions (NYSE:J) Might Have The Makings Of A Multi-Bagger
May 24Jacobs 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 30Financial Position Analysis
Short Term Liabilities: J's short term assets ($5.1B) exceed its short term liabilities ($4.5B).
Long Term Liabilities: J's short term assets ($5.1B) exceed its long term liabilities ($3.1B).
Debt to Equity History and Analysis
Debt Level: J's net debt to equity ratio (23%) is considered satisfactory.
Reducing Debt: J's debt to equity ratio has increased from 20.4% to 39.4% over the past 5 years.
Debt Coverage: J's debt is well covered by operating cash flow (36.9%).
Interest Coverage: J's interest payments on its debt are well covered by EBIT (8x coverage).