BlackRock Balance Sheet Health
Financial Health criteria checks 4/6
BlackRock has a total shareholder equity of $41.2B and total debt of $8.0B, which brings its debt-to-equity ratio to 19.4%. Its total assets and total liabilities are $123.2B and $82.0B respectively. BlackRock's EBIT is $6.3B making its interest coverage ratio -35. It has cash and short-term investments of $8.7B.
Key information
19.4%
Debt to equity ratio
US$8.02b
Debt
Interest coverage ratio | -35x |
Cash | US$8.74b |
Equity | US$41.24b |
Total liabilities | US$81.97b |
Total assets | US$123.21b |
Recent financial health updates
No updates
Recent updates
BlackRock's (NYSE:BLK) Dividend Will Be Increased To $5.10
Mar 05BlackRock: A Solid Start To 2024
Mar 01BlackRock (NYSE:BLK) Has Announced That It Will Be Increasing Its Dividend To $5.10
Feb 20BlackRock's (NYSE:BLK) Dividend Will Be Increased To $5.10
Feb 06BlackRock: Growing 'Sticky' Fee Business And Staying Prudent
Jan 30BlackRock (NYSE:BLK) Is Increasing Its Dividend To $5.10
Jan 18BlackRock, Inc. (NYSE:BLK) Just Reported And Analysts Have Been Lifting Their Price Targets
Jan 16BlackRock: World's Largest Asset Manager Isn't A Buy At Any Price (Downgrade)
Jan 09BlackRock, Inc.'s (NYSE:BLK) Popularity With Investors Is Under Threat From Overpricing
Dec 27Financial Position Analysis
Short Term Liabilities: BLK's short term assets ($17.7B) exceed its short term liabilities ($9.5B).
Long Term Liabilities: BLK's short term assets ($17.7B) do not cover its long term liabilities ($72.5B).
Debt to Equity History and Analysis
Debt Level: BLK has more cash than its total debt.
Reducing Debt: BLK's debt to equity ratio has increased from 14.8% to 19.4% over the past 5 years.
Debt Coverage: BLK's debt is well covered by operating cash flow (52%).
Interest Coverage: BLK earns more interest than it pays, so coverage of interest payments is not a concern.