Johnson Controls International PLC (JCI)

Debt-to-capital ratio

Sep 30, 2024 Sep 30, 2023 Sep 30, 2022 Sep 30, 2021 Sep 30, 2020
Long-term debt US$ in thousands
Total stockholders’ equity US$ in thousands 16,098,000 16,545,000 16,268,000 17,562,000 17,447,000
Debt-to-capital ratio 0.00 0.00 0.00 0.00 0.00

September 30, 2024 calculation

Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $16,098,000K)
= 0.00

Based on the data provided for Johnson Controls International PLC from September 30, 2020, to September 30, 2024, the debt-to-capital ratio remained consistently at 0.00 across all five years. This indicates that the company did not have any outstanding debt relative to its capital structure during this period. A debt-to-capital ratio of 0.00 suggests that Johnson Controls International PLC funded its operations and investments primarily through equity rather than debt financing. This may be viewed positively by investors and creditors as it signifies lower financial risk and potential for greater financial stability. However, it is essential to consider other financial metrics and factors to gain a more comprehensive understanding of the company's overall financial health and performance.


Peer comparison

Sep 30, 2024

Company name
Symbol
Debt-to-capital ratio
Johnson Controls International PLC
JCI
0.00
NV5 Global Inc
NVEE
0.00

See also:

Johnson Controls International PLC Debt to Capital