Johnson Controls International PLC (JCI)
Debt-to-assets ratio
| Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | US$ in thousands | 42,695,000 | 43,325,000 | 43,457,000 | 43,981,000 | 42,242,000 | 42,780,000 | 43,420,000 | 42,797,000 | 42,158,000 | 42,324,000 | 42,991,000 | 42,222,000 | 41,890,000 | 42,135,000 | 41,180,000 | 41,424,000 | 40,815,000 | 41,278,000 | 40,402,000 | 42,513,000 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
September 30, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $42,695,000K
= 0.00
The debt-to-assets ratio for Johnson Controls International PLC has consistently remained at 0.00 across all reporting periods from December 2019 to September 2024. This indicates that the company has not had any debt on its balance sheet relative to its total assets during this timeframe. A debt-to-assets ratio of 0.00 signifies that the company's assets are entirely financed by equity rather than debt. This could suggest that the company has a strong financial position and may be less leveraged compared to its industry peers. However, it is important to consider other financial metrics and the company's overall financial health to get a comprehensive view of its capital structure and liquidity position.
Peer comparison
Sep 30, 2024
See also:
Johnson Controls International PLC Debt to Assets (Quarterly Data)