JNJ Debt Analysis

Johnson & Johnson - Total Debt & Leverage Ratios

Data as of 12/29/2024

Debt Health Rating

Good

Healthy debt levels with adequate coverage

Key Debt Metrics

Total Debt

$44.14B

Combined long & short-term

Debt-to-Equity

0.56x

Leverage ratio

Interest Coverage

37.59x

Op. income / interest

Debt Structure

Long-term Debt

Due after 1 year

$32.40B

Short-term Debt

Due within 1 year

$11.74B

Annual Interest Expense

Cost of debt per year

$155.00M

Net Debt

Total debt minus cash

$25.91B

Leverage Ratios

Debt-to-Assets

Total debt / Total assets

22.9%

Debt Service Coverage

Cash flow / Interest

111.10x

Debt Activity (Annual)

New Debt Issued

$9.14B

Debt Repaid

$1.45B

Net Change

$7.68B

Adding debt

Balance Sheet Context

Cash & Equivalents

$18.23B

Total Assets

$192.82B

Stockholders Equity

$79.28B

Operating Income

$5.83B

Operating Cash Flow

$17.22B

View Detailed Debt Analysis

Explore maturity schedules, corporate bonds, and risk analysis

View Full Debt Report

Frequently Asked Questions

What is JNJ total debt?

JNJ has total debt of $44.14B, consisting of $32.40B in long-term debt and $11.74B in short-term debt.

What is JNJ debt-to-equity ratio?

JNJ's debt-to-equity ratio is 0.56x. This indicates conservative leverage.

What is JNJ interest coverage ratio?

JNJ has an interest coverage ratio of 37.59x, meaning it generates 37.6 times its annual interest expense in operating income. This indicates strong ability to service debt.

Is JNJ debt level healthy?

JNJ has a debt health rating of "Good". Healthy debt levels with adequate coverage. The company has been adding to its debt.

How much is JNJ net debt?

JNJ's net debt (total debt minus cash) is $25.91B. This represents the actual debt burden after accounting for cash reserves.

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