Block Balance Sheet Health
Financial Health criteria checks 5/6
Block has a total shareholder equity of $19.9B and total debt of $7.1B, which brings its debt-to-equity ratio to 35.5%. Its total assets and total liabilities are $36.4B and $16.4B respectively. Block's EBIT is $954.8M making its interest coverage ratio 19.8. It has cash and short-term investments of $8.9B.
Key information
35.5%
Debt to equity ratio
US$7.07b
Debt
| Interest coverage ratio | 19.8x |
| Cash | US$8.86b |
| Equity | US$19.91b |
| Total liabilities | US$16.45b |
| Total assets | US$36.36b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SQ3's short term assets ($20.8B) exceed its short term liabilities ($10.0B).
Long Term Liabilities: SQ3's short term assets ($20.8B) exceed its long term liabilities ($6.4B).
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 74.3% to 35.5% over the past 5 years.
Debt Coverage: SQ3's debt is not well covered by operating cash flow (12.7%).
Interest Coverage: SQ3's interest payments on its debt are well covered by EBIT (19.8x coverage).