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
Here's Why H&R Block (NYSE:HRB) Can Manage Its Debt Responsibly
Sep 27
Is H&R Block (NYSE:HRB) A Risky Investment?
Aug 12Recent updates
H&R Block (NYSE:HRB) Has More To Do To Multiply In Value Going Forward
Apr 20H&R Block: Adding Value To The Stable Volume
Mar 26Calculating The Intrinsic Value Of H&R Block, Inc. (NYSE:HRB)
Mar 15We Ran A Stock Scan For Earnings Growth And H&R Block (NYSE:HRB) Passed With Ease
Feb 26H&R Block, Inc.'s (NYSE:HRB) Prospects Need A Boost To Lift Shares
Feb 02H&R Block (NYSE:HRB) Hasn't Managed To Accelerate Its Returns
Jan 12H&R Block: Upward Trajectory In Progress With Value Likely Ahead
Dec 21If EPS Growth Is Important To You, H&R Block (NYSE:HRB) Presents An Opportunity
Nov 10Is H&R Block, Inc. (NYSE:HRB) Trading At A 40% Discount?
Oct 18H&R Block: A Defensive Blue Chip Buy
Oct 18H&R Block A Buy Opportunity, And Today More Than Just Tax Prep
Oct 10Here's Why H&R Block (NYSE:HRB) Can Manage Its Debt Responsibly
Sep 27H&R Block's (NYSE:HRB) Upcoming Dividend Will Be Larger Than Last Year's
Aug 19H&R Block (NYSE:HRB) Has More To Do To Multiply In Value Going Forward
Aug 15H&R Block: Time To Reload
Aug 03Are Investors Undervaluing H&R Block, Inc. (NYSE:HRB) By 35%?
Jul 10H&R Block: An Attractive Dividend And Growth Stock
Jul 05We Ran A Stock Scan For Earnings Growth And H&R Block (NYSE:HRB) Passed With Ease
May 26Returns On Capital At H&R Block (NYSE:HRB) Have Hit The Brakes
May 08H&R Block, Inc.'s (NYSE:HRB) Intrinsic Value Is Potentially 58% Above Its Share Price
Feb 17H&R Block posts Q2 earnings beat on strong end to 2022 tax season
Feb 07There Are Reasons To Feel Uneasy About H&R Block's (NYSE:HRB) Returns On Capital
Jan 27H&R Block: Put This Recession-Resistant Stock On Your Balance Sheet
Jan 20If EPS Growth Is Important To You, H&R Block (NYSE:HRB) Presents An Opportunity
Nov 24H&R Block: Overvalued And Risky
Oct 31There Are Reasons To Feel Uneasy About H&R Block's (NYSE:HRB) Returns On Capital
Oct 24H&R Block's (NYSE:HRB) Dividend Will Be Increased To $0.29
Aug 19H&R Block: The Investment Case Has Played Out
Aug 17Is H&R Block (NYSE:HRB) A Risky Investment?
Aug 12H&R Block Non-GAAP EPS of $1.43 beats by $0.19, revenue of $1.05B beats by $55.24M; plans $1.25B stock buyback
Aug 09Returns At H&R Block (NYSE:HRB) Appear To Be Weighed Down
Jul 25H&R Block Is Rewarding Patient Investors
Jun 10Financial Position Analysis
Short Term Liabilities: HRB has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: HRB 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: HRB has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: HRB's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: HRB's debt is well covered by operating cash flow (28.8%).
Interest Coverage: HRB's interest payments on its debt are well covered by EBIT (10.2x coverage).