H&R Block Inc (HRB)
Current ratio
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 1,162,550 | 1,239,480 | 1,187,490 | 1,384,460 | 1,699,720 |
| Total current liabilities | US$ in thousands | 1,298,610 | 977,328 | 938,782 | 998,813 | 1,163,080 |
| Current ratio | 0.90 | 1.27 | 1.26 | 1.39 | 1.46 |
June 30, 2025 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $1,162,550K ÷ $1,298,610K
= 0.90
The analysis of H&R Block Inc's current ratio over the specified period reveals a consistent downward trend from June 30, 2021, to June 30, 2025. Specifically, the current ratio declined from 1.46 in 2021 to 1.39 in 2022, indicating a slight weakening in the company's capacity to meet short-term obligations. This decline continued more noticeably into 2023 and 2024, with the ratio falling to 1.26 and then marginally rising to 1.27, respectively. The most significant change occurs in 2025, where the current ratio decreases sharply to 0.90, falling below the generally acceptable threshold of 1.0. This suggests that, as of June 30, 2025, H&R Block's short-term liquidity position has deteriorated markedly, potentially indicating challenges in covering current liabilities with current assets. Overall, the trend may signal increasing liquidity risk, warranting closer observation of the company's short-term financial health and asset management strategies.
Peer comparison
Jun 30, 2025