H&R Block (FRA:HRB) Equity-to-Asset : -0.28 (As of Dec. 2023)

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What is H&R Block Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. H&R Block's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €-709 Mil. H&R Block's Total Assets for the quarter that ended in Dec. 2023 was €2,546 Mil. Therefore, H&R Block's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was -0.28.

The historical rank and industry rank for H&R Block's Equity-to-Asset or its related term are showing as below:

FRA:HRB' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.31 Med: -0.01 Max: 0.46
Current: -0.28

During the past 13 years, the highest Equity to Asset Ratio of H&R Block was 0.46. The lowest was -0.31. And the median was -0.01.

FRA:HRB's Equity-to-Asset is ranked worse than
93.52% of 108 companies
in the Personal Services industry
Industry Median: 0.365 vs FRA:HRB: -0.28

H&R Block Equity-to-Asset Historical Data

The historical data trend for H&R Block's Equity-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

H&R Block Equity-to-Asset Chart

H&R Block Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Jun22

Jun23

Equity-to-Asset

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0.16

0.01

0.10

0.07

0.01

H&R Block Quarterly Data
	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial															-0.25	-0.01	0.01	-0.14	-0.28

Competitive Comparison of H&R Block's Equity-to-Asset

For the Personal Services subindustry, H&R Block's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

H&R Block's Equity-to-Asset Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, H&R Block's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where H&R Block's Equity-to-Asset falls into.

H&R Block Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

H&R Block's Equity to Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Equity to Asset (A: Jun. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	29.595	/	2835.694
	=	0.01

H&R Block's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	-708.522	/	2545.863
	=	-0.28

H&R Block (FRA:HRB) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.

H&R Block Equity-to-Asset Related Terms

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H&R Block (FRA:HRB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » H&R Block Inc (FRA:HRB) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

HRB:USA H1RB34:Brazil

Address

One H&R Block Way, Kansas City, MO, USA, 64105

Website

https://www.hrblock.com

H&R Block Inc provides income tax return preparation services, digital do-it-yourself tax solutions, and other services related to income tax preparation to the general public primarily in the United States, Canada, and Australia. The company mainly prepares tax returns for customers within the United States through its company-owned offices, franchise locations, and online tax software. The vast majority of H&R Block's offices are located in the U.S. The company derives most of its total revenue from the U.S. assisted tax preparation fees. Revenue from franchise and product royalties and digital do-it-yourself tax solutions is also relatively significant.