A Look Into Honeywell Intl's Debt
Portfolio Pulse from Benzinga Insights
Honeywell Intl Inc. (NASDAQ:HON) has seen its shares rise by 7.70% over the past three months. The company's total debt stands at $19.16 billion, with $14.67 billion in long-term debt and $4.49 billion in current debt. After adjusting for $6.87 billion in cash-equivalents, the net debt is $12.29 billion. The company's debt-ratio is 0.32, indicating a moderate level of financial leverage.
June 29, 2023 | 6:17 pm
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Honeywell Intl's total debt is $19.16 billion, with a net debt of $12.29 billion. The company's debt-ratio is 0.32, indicating a moderate level of financial leverage.
The company's debt levels and debt-ratio indicate a moderate level of financial leverage, which could impact its ability to raise capital or its risk of defaulting on loans. However, the company's shares have been performing well, rising by 7.70% over the past three months.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100