BlackRock Balance Sheet Health
Financial Health criteria checks 4/6
BlackRock has a total shareholder equity of $42.2B and total debt of $11.7B, which brings its debt-to-equity ratio to 27.6%. Its total assets and total liabilities are $125.3B and $83.0B respectively. BlackRock's EBIT is $7.2B making its interest coverage ratio -27.6. It has cash and short-term investments of $10.5B.
Key information
27.6%
Debt to equity ratio
US$11.68b
Debt
| Interest coverage ratio | -27.6x |
| Cash | US$10.55b |
| Equity | US$42.24b |
| Total liabilities | US$83.03b |
| Total assets | US$125.27b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: UU2's short term assets ($19.8B) exceed its short term liabilities ($7.8B).
Long Term Liabilities: UU2's short term assets ($19.8B) do not cover its long term liabilities ($75.2B).
Debt to Equity History and Analysis
Debt Level: UU2's net debt to equity ratio (2.7%) is considered satisfactory.
Reducing Debt: UU2's debt to equity ratio has increased from 17.7% to 27.6% over the past 5 years.
Debt Coverage: UU2's debt is well covered by operating cash flow (38.8%).
Interest Coverage: UU2 earns more interest than it pays, so coverage of interest payments is not a concern.