H&R Block Balance Sheet Health
Financial Health criteria checks 2/6
H&R Block has a total shareholder equity of $-129.8M and total debt of $1.5B, which brings its debt-to-equity ratio to -1148.3%. Its total assets and total liabilities are $3.2B and $3.3B respectively. H&R Block's EBIT is $831.0M making its interest coverage ratio 10.5. It has cash and short-term investments of $794.6M.
Key information
-1,148.3%
Debt to equity ratio
US$1.49b
Debt
Interest coverage ratio | 10.5x |
Cash | US$794.62m |
Equity | -US$129.81m |
Total liabilities | US$3.34b |
Total assets | US$3.21b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HRB has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: HRB has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: HRB has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: HRB's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: HRB's debt is well covered by operating cash flow (49.9%).
Interest Coverage: HRB's interest payments on its debt are well covered by EBIT (10.5x coverage).