Jabil Balance Sheet Health
Financial Health criteria checks 6/6
Jabil has a total shareholder equity of $2.3B and total debt of $2.9B, which brings its debt-to-equity ratio to 126.5%. Its total assets and total liabilities are $17.4B and $15.2B respectively. Jabil's EBIT is $1.5B making its interest coverage ratio 8.3. It has cash and short-term investments of $2.5B.
Key information
126.5%
Debt to equity ratio
US$2.88b
Debt
| Interest coverage ratio | 8.3x |
| Cash | US$2.48b |
| Equity | US$2.28b |
| Total liabilities | US$15.17b |
| Total assets | US$17.45b |
Recent financial health updates
Jabil (NYSE:JBL) Seems To Use Debt Quite Sensibly
Apr 15
These 4 Measures Indicate That Jabil (NYSE:JBL) Is Using Debt Reasonably Well
Dec 28Is Jabil (NYSE:JBL) A Risky Investment?
Sep 19Jabil (NYSE:JBL) Seems To Use Debt Quite Sensibly
Jun 11Recent updates
Investors Aren't Buying Jabil Inc.'s (NYSE:JBL) Earnings
Jul 25When Should You Buy Jabil Inc. (NYSE:JBL)?
Jul 05Jabil Q3 Review: Clearer Path To Capture The Data Center
Jun 20Jabil Stumbles Into Its Q3 Earnings Report
Jun 14Shareholders Would Enjoy A Repeat Of Jabil's (NYSE:JBL) Recent Growth In Returns
May 14Is Now The Time To Put Jabil (NYSE:JBL) On Your Watchlist?
May 01Jabil: Maybe The Cheapest Way To Buy Into Apple's Success Without Buying Apple
May 01We Think That There Are Some Issues For Jabil (NYSE:JBL) Beyond Its Promising Earnings
Apr 18Jabil (NYSE:JBL) Seems To Use Debt Quite Sensibly
Apr 15Jabil Inc.'s (NYSE:JBL) Prospects Need A Boost To Lift Shares
Apr 03Should You Think About Buying Jabil Inc. (NYSE:JBL) Now?
Mar 13Jabil: The Best Kept Secret On Wall Street
Mar 11Jabil Poised For Significant Growth In 2024 (Technical Analysis)
Feb 13Jabil's Valuation Dilemma: 13x Forward Free Cash Flow
Jan 25Jabil (NYSE:JBL) Could Become A Multi-Bagger
Jan 24Jabil: Dissecting Buybacks On FY24 $1 Billion FCF Estimate
Jan 04These 4 Measures Indicate That Jabil (NYSE:JBL) Is Using Debt Reasonably Well
Dec 28Jabil: Assessing Its Potential As It Nears Inclusion Into The S&P 500
Dec 05Should You Investigate Jabil Inc. (NYSE:JBL) At US$115?
Dec 01Jabil Lowers 2024 Revenue Outlook: We Reiterate Buy
Nov 29Jabil: Still Undervalued Supply Chain Innovator
Nov 01Jabil: Despite The Rip Higher, More Is Yet To Come
Oct 17Jabil (NYSE:JBL) Is Investing Its Capital With Increasing Efficiency
Oct 05Jabil: Rating Downgrade As Share Price Has Rallied Very Strongly
Oct 03Is Jabil (NYSE:JBL) A Risky Investment?
Sep 19Is There An Opportunity With Jabil Inc.'s (NYSE:JBL) 33% Undervaluation?
Sep 06What The $2.2 Billion BYD Deal Means For Jabil Shareholders
Aug 28What Is Jabil Inc.'s (NYSE:JBL) Share Price Doing?
Aug 23Unleashing Jabil's Potential: How Diversification And Innovation Drive Future Growth
Jul 15Should You Be Adding Jabil (NYSE:JBL) To Your Watchlist Today?
Jul 05Jabil Inc.: Poised For Long-Term Growth
Jun 29Shareholders Would Enjoy A Repeat Of Jabil's (NYSE:JBL) Recent Growth In Returns
Jun 23Jabil (NYSE:JBL) Seems To Use Debt Quite Sensibly
Jun 11Estimating The Intrinsic Value Of Jabil Inc. (NYSE:JBL)
May 30What Is Jabil Inc.'s (NYSE:JBL) Share Price Doing?
May 18If EPS Growth Is Important To You, Jabil (NYSE:JBL) Presents An Opportunity
Mar 30Financial Position Analysis
Short Term Liabilities: JBL's short term assets ($12.9B) exceed its short term liabilities ($11.4B).
Long Term Liabilities: JBL's short term assets ($12.9B) exceed its long term liabilities ($3.8B).
Debt to Equity History and Analysis
Debt Level: JBL's net debt to equity ratio (17.4%) is considered satisfactory.
Reducing Debt: JBL's debt to equity ratio has reduced from 157% to 126.5% over the past 5 years.
Debt Coverage: JBL's debt is well covered by operating cash flow (64.8%).
Interest Coverage: JBL's interest payments on its debt are well covered by EBIT (8.3x coverage).