How much debt does JPMorgan Chase & have?

According to JPMorgan Chase &'s latest annual financial reports, the company's debt profile is as follows:

Total Debt and Liabilities

JPMorgan Chase &'s total debt stands at $436.54B. This is broken down into:

• Long-term debt: $391.82B
• Short-term debt: $44.71B

The company's net debt, which accounts for cash and cash equivalents, is $-187.61B. In terms of overall financial obligations, JPMorgan Chase &'s total liabilities amount to $3.55T.

Debt Ratios and Metrics

To better understand JPMorgan Chase &'s debt position, we can look at several key ratios:

• Debt to Equity Ratio: 1.33 - this indicates the proportion of equity and debt the company uses to finance its assets.
• Debt Ratio: 11.26% - this shows the proportion of a company's assets that are financed through debt.
• Interest Coverage Ratio: 0.87 - this measures how easily a company can pay interest on its outstanding debt.
• Long-term Debt to Capitalization: 54.44% - this shows the proportion of long-term debt in the company's capital structure.
• Total Debt to Capitalization: 57.11% - this indicates the total debt in the company's capital structure.

These metrics provide insight into JPMorgan Chase &'s financial leverage and its ability to meet financial obligations. For a comprehensive understanding of the company's financial health, it's important to consider these debt metrics alongside other financial indicators and industry benchmarks.