H&R Block Inc (HRB)
Cash ratio
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | ||
|---|---|---|---|---|---|---|
| Cash and cash equivalents | US$ in thousands | 983,277 | 1,075,190 | 1,015,320 | 1,050,710 | 934,251 |
| Short-term investments | US$ in thousands | — | — | — | — | — |
| Total current liabilities | US$ in thousands | 1,298,610 | 977,328 | 938,782 | 998,813 | 1,163,080 |
| Cash ratio | 0.76 | 1.10 | 1.08 | 1.05 | 0.80 |
June 30, 2025 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($983,277K
+ $—K)
÷ $1,298,610K
= 0.76
The cash ratio of H&R Block Inc exhibited notable fluctuations over the specified period from June 30, 2021, to June 30, 2025. As of June 30, 2021, the company's cash ratio was 0.80, indicating that its cash and cash equivalents covered approximately 80% of its current liabilities. This ratio increased significantly in the following year, reaching 1.05 as of June 30, 2022, thereby surpassing the 1.0 mark; this suggests that the company's cash holdings were sufficient to fully cover its current liabilities, reflecting a conservative liquidity position. The upward trend continued with a marginal increase to 1.08 by June 30, 2023, and further to 1.10 as of June 30, 2024, signifying a steady improvement in liquidity and an enhanced ability to meet short-term obligations solely with cash and equivalents.
However, a decline was observed in the subsequent year, with the cash ratio falling to 0.76 as of June 30, 2025. This decrease indicates that, relative to the previous year, the company's cash holdings in relation to its current liabilities weakened. Nevertheless, the ratio remains below 1.0, implying that while the company's liquidity position has slightly diminished, it still maintains a substantial level of cash relative to its current liabilities. Overall, the pattern demonstrates a period of strengthening liquidity from 2021 through 2024, followed by a slight contraction in 2025, though the company continued to exhibit a generally prudent cash position during the analyzed years.
Peer comparison
Jun 30, 2025