H&R Block Balance Sheet Health
Financial Health criteria checks 2/6
H&R Block has a total shareholder equity of $-772.7M and total debt of $2.3B, which brings its debt-to-equity ratio to -296.4%. Its total assets and total liabilities are $2.8B and $3.5B respectively. H&R Block's EBIT is $767.3M making its interest coverage ratio 10.2. It has cash and short-term investments of $321.0M.
Key information
-296.4%
Debt to equity ratio
US$2.29b
Debt
Interest coverage ratio | 10.2x |
Cash | US$321.01m |
Equity | -US$772.65m |
Total liabilities | US$3.55b |
Total assets | US$2.78b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0HOB has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: 0HOB 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: 0HOB has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: 0HOB's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: 0HOB's debt is well covered by operating cash flow (28.8%).
Interest Coverage: 0HOB's interest payments on its debt are well covered by EBIT (10.2x coverage).