Block Balance Sheet Health
Financial Health criteria checks 5/6
Block has a total shareholder equity of $19.3B and total debt of $7.0B, which brings its debt-to-equity ratio to 36.5%. Its total assets and total liabilities are $37.5B and $18.3B respectively. Block's EBIT is $621.6M making its interest coverage ratio 48.7. It has cash and short-term investments of $8.5B.
Key information
36.5%
Debt to equity ratio
US$7.04b
Debt
| Interest coverage ratio | 48.7x |
| Cash | US$8.50b |
| Equity | US$19.29b |
| Total liabilities | US$18.25b |
| Total assets | US$37.55b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SQ's short term assets ($22.3B) exceed its short term liabilities ($12.2B).
Long Term Liabilities: SQ's short term assets ($22.3B) exceed its long term liabilities ($6.0B).
Debt to Equity History and Analysis
Debt Level: SQ has more cash than its total debt.
Reducing Debt: SQ's debt to equity ratio has reduced from 77.6% to 36.5% over the past 5 years.
Debt Coverage: SQ's debt is not well covered by operating cash flow (10%).
Interest Coverage: SQ's interest payments on its debt are well covered by EBIT (48.7x coverage).