BlackRock Balance Sheet Health
Financial Health criteria checks 4/6
BlackRock has a total shareholder equity of $43.6B and total debt of $12.4B, which brings its debt-to-equity ratio to 28.4%. Its total assets and total liabilities are $132.8B and $89.2B respectively. BlackRock's EBIT is $7.2B making its interest coverage ratio -27.8. It has cash and short-term investments of $14.3B.
Key information
28.4%
Debt to equity ratio
US$12.37b
Debt
| Interest coverage ratio | -27.8x |
| Cash | US$14.28b |
| Equity | US$43.62b |
| Total liabilities | US$89.19b |
| Total assets | US$132.82b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: BLK's short term assets ($25.3B) exceed its short term liabilities ($9.9B).
Long Term Liabilities: BLK's short term assets ($25.3B) do not cover its long term liabilities ($79.3B).
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 17.7% to 28.4% over the past 5 years.
Debt Coverage: BLK's debt is well covered by operating cash flow (35.1%).
Interest Coverage: BLK earns more interest than it pays, so coverage of interest payments is not a concern.