Block Balance Sheet Health
Financial Health criteria checks 5/6
Block has a total shareholder equity of $19.0B and total debt of $5.1B, which brings its debt-to-equity ratio to 26.8%. Its total assets and total liabilities are $35.6B and $16.6B respectively. Block's EBIT is $175.3M making its interest coverage ratio 56.6. It has cash and short-term investments of $6.4B.
Key information
26.8%
Debt to equity ratio
US$5.08b
Debt
| Interest coverage ratio | 56.6x |
| Cash | US$6.37b |
| Equity | US$18.97b |
| Total liabilities | US$16.65b |
| Total assets | US$35.61b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SQ3's short term assets ($20.5B) exceed its short term liabilities ($12.5B).
Long Term Liabilities: SQ3's short term assets ($20.5B) exceed its long term liabilities ($4.1B).
Debt to Equity History and Analysis
Debt Level: SQ3 has more cash than its total debt.
Reducing Debt: SQ3's debt to equity ratio has reduced from 81.1% to 26.8% over the past 5 years.
Debt Coverage: SQ3's debt is not well covered by operating cash flow (5.8%).
Interest Coverage: SQ3's interest payments on its debt are well covered by EBIT (56.6x coverage).