Johnson & Johnson Balance Sheet Health
Financial Health criteria checks 6/6
Johnson & Johnson has a total shareholder equity of $68.8B and total debt of $30.4B, which brings its debt-to-equity ratio to 44.2%. Its total assets and total liabilities are $167.6B and $98.8B respectively. Johnson & Johnson's EBIT is $23.7B making its interest coverage ratio -33.3. It has cash and short-term investments of $22.9B.
Key information
44.2%
Debt to equity ratio
US$30.43b
Debt
Interest coverage ratio | -33.3x |
Cash | US$22.93b |
Equity | US$68.77b |
Total liabilities | US$98.78b |
Total assets | US$167.56b |
Recent financial health updates
No updates
Recent updates
Johnson & Johnson (NYSE:JNJ) Will Pay A Larger Dividend Than Last Year At $1.24
Apr 19Johnson & Johnson: Buy This Bargain Before It's Gone
Apr 18Johnson & Johnson Q1 Earnings Preview: Shockwave Could Be A Good Fit Despite Headwinds
Apr 11With Lawsuit And Medtech Tailwinds - Johnson & Johnson May Be Back
Mar 28Johnson & Johnson: A Clean Bill Of Health
Feb 28Is There An Opportunity With Johnson & Johnson's (NYSE:JNJ) 43% Undervaluation?
Feb 12Johnson & Johnson: A High-Quality Dividend King Facing Furious Headwinds
Feb 10Johnson & Johnson: Balance Growth Between MedTech And Medicine, Initiate With A 'Buy'
Jan 25Financial Position Analysis
Short Term Liabilities: JNJ's short term assets ($53.5B) exceed its short term liabilities ($46.3B).
Long Term Liabilities: JNJ's short term assets ($53.5B) exceed its long term liabilities ($52.5B).
Debt to Equity History and Analysis
Debt Level: JNJ's net debt to equity ratio (10.9%) is considered satisfactory.
Reducing Debt: JNJ's debt to equity ratio has reduced from 49.8% to 44.2% over the past 5 years.
Debt Coverage: JNJ's debt is well covered by operating cash flow (74.9%).
Interest Coverage: JNJ earns more interest than it pays, so coverage of interest payments is not a concern.