H&R Block Balance Sheet Health
Financial Health criteria checks 3/6
H&R Block has a total shareholder equity of $90.6M and total debt of $1.5B, which brings its debt-to-equity ratio to 1649%. Its total assets and total liabilities are $3.2B and $3.1B respectively. H&R Block's EBIT is $805.3M making its interest coverage ratio 10.2. It has cash and short-term investments of $1.1B.
Key information
1,649.0%
Debt to equity ratio
US$1.49b
Debt
| Interest coverage ratio | 10.2x |
| Cash | US$1.05b |
| Equity | US$90.59m |
| Total liabilities | US$3.13b |
| Total assets | US$3.22b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HRB *'s short term assets ($1.2B) exceed its short term liabilities ($977.3M).
Long Term Liabilities: HRB *'s short term assets ($1.2B) do not cover its long term liabilities ($2.2B).
Debt to Equity History and Analysis
Debt Level: HRB *'s net debt to equity ratio (486.3%) is considered high.
Reducing Debt: HRB *'s debt to equity ratio has increased from 367.4% to 1649% over the past 5 years.
Debt Coverage: HRB *'s debt is well covered by operating cash flow (48.3%).
Interest Coverage: HRB *'s interest payments on its debt are well covered by EBIT (10.2x coverage).