BlackRock Balance Sheet Health
Financial Health criteria checks 4/6
BlackRock has a total shareholder equity of $41.7B and total debt of $9.9B, which brings its debt-to-equity ratio to 23.6%. Its total assets and total liabilities are $124.0B and $82.2B respectively. BlackRock's EBIT is $6.6B making its interest coverage ratio -32.6. It has cash and short-term investments of $9.6B.
Key information
23.6%
Debt to equity ratio
US$9.86b
Debt
Interest coverage ratio | -32.6x |
Cash | US$9.61b |
Equity | US$41.75b |
Total liabilities | US$82.24b |
Total assets | US$123.99b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BLK's short term assets ($17.9B) exceed its short term liabilities ($6.5B).
Long Term Liabilities: BLK's short term assets ($17.9B) do not cover its long term liabilities ($75.7B).
Debt to Equity History and Analysis
Debt Level: BLK's net debt to equity ratio (0.6%) is considered satisfactory.
Reducing Debt: BLK's debt to equity ratio has increased from 15.3% to 23.6% over the past 5 years.
Debt Coverage: BLK's debt is well covered by operating cash flow (42.1%).
Interest Coverage: BLK earns more interest than it pays, so coverage of interest payments is not a concern.