Block Balance Sheet Health
Financial Health criteria checks 5/6
Block has a total shareholder equity of $19.3B and total debt of $7.0B, which brings its debt-to-equity ratio to 36.5%. Its total assets and total liabilities are $37.5B and $18.3B respectively. Block's EBIT is $621.6M making its interest coverage ratio 48.7. It has cash and short-term investments of $8.5B.
Key information
36.5%
Debt to equity ratio
US$7.04b
Debt
| Interest coverage ratio | 48.7x |
| Cash | US$8.50b |
| Equity | US$19.29b |
| Total liabilities | US$18.25b |
| Total assets | US$37.55b |
Recent financial health updates
No updates
Recent updates
Block: Follow The Insiders And Buy
Aug 17Block: Refined Strategy, Improved Profitability, Cheap Valuation
Aug 08Block: Stay Conservative As Q2 Results Approach
Jul 30Block: Breakout Rally Still Far Away, Reiterating A Speculative Buy
Jul 157 Reasons To Buy Block
Jul 01Block Isn't Dead Money As A Growth Inflection Could Be Close
Jun 22Block: 3 Reasons To Buy This Fintech On The Drop
Jun 09Block: Wonderful Company At A Fair Price
May 27Block: Buy The Federal Probe Fears, Long Term Story Intact
May 14Block: Building Momentum
Apr 24Block: Top Fintech Growth Stock Poised For A Breakout
Apr 14Block: I Don't Get The Optimism
Apr 01Block, Inc. (NYSE:SQ) Soars 25% But It's A Story Of Risk Vs Reward
Mar 15
Block Continues To Be Cheaper As It Delivers Profitable Growth
Mar 02Block: Huge Runway For Cash App Growth And Consistent Margin Improvement - 'Buy'
Feb 23Block: Surprisingly Resilient As I Was Too Cautious (Upgrade)
Feb 07Block: Buy The Opportunity
Jan 30Block: Turnaround Underway
Jan 16Block's Earnings Will Be Energized By AI (Rating Upgrade)
Jan 05Block: A Doubtful Turnaround Story
Dec 22Further Upside For Block, Inc. (NYSE:SQ) Shares Could Introduce Price Risks After 28% Bounce
Dec 18Block: Growing Consumer Stickiness And Attachment Rates Trigger Long-Term Tailwinds
Nov 30Block: Squarely In My Crosshairs For An Undervalued Growth Stock
Nov 17Block Q3 Earnings: Strong Guidance Makes The Current Valuation Attractive
Nov 06Block, Inc.: What To Look For In Q3
Oct 30Block: Believe In Jack Dorsey As Company Inflects On GAAP Profitability
Oct 19PayPal Vs. Block: Unlocking The Future Of Finance
Oct 09Block: Not Time To Jump In Yet
Sep 29Block Inc.: Still Not Cheap Enough, But It's Getting There
Sep 21Block: Market Concerns Priced In, Time To Turn Bullish (Upwards Revised)
Sep 06Not Many Are Piling Into Block, Inc. (NYSE:SQ) Stock Yet As It Plummets 27%
Aug 17Earnings Update: Block, Inc. (NYSE:SQ) Just Reported Its Second-Quarter Results And Analysts Are Updating Their Forecasts
Aug 05Block Is Just Getting Started
Aug 04Block: Favorable Macro And Micro Factors Could Drive Stock Higher
Jul 16Block: Time To Be Aggressive Before Others Jump In
Jul 10Block: Tough Roads Ahead
Jun 12Block: Bitcoin Bounce And Outstanding Execution
Jun 06Block Stock: Turning The Tide After The Short Attack
May 23Financial Position Analysis
Short Term Liabilities: SQ's short term assets ($22.3B) exceed its short term liabilities ($12.2B).
Long Term Liabilities: SQ's short term assets ($22.3B) exceed its long term liabilities ($6.0B).
Debt to Equity History and Analysis
Debt Level: SQ has more cash than its total debt.
Reducing Debt: SQ's debt to equity ratio has reduced from 77.6% to 36.5% over the past 5 years.
Debt Coverage: SQ's debt is not well covered by operating cash flow (10%).
Interest Coverage: SQ's interest payments on its debt are well covered by EBIT (48.7x coverage).