H&R Block Inc (HRB)
Quick ratio
| Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Apr 30, 2021 | Mar 31, 2021 | Jan 31, 2021 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash | US$ in thousands | 983,277 | 789,690 | 341,524 | 439,017 | 1,075,190 | 812,695 | 338,224 | 457,560 | 1,015,320 | 934,345 | 292,188 | 431,374 | 1,050,710 | 1,177,050 | 459,936 | 1,030,810 | 1,062,920 | 934,251 | 1,062,920 | 280,249 |
| Short-term investments | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Receivables | US$ in thousands | 63,621 | 352,398 | 321,171 | 69,929 | 69,075 | 346,784 | 471,868 | 102,466 | 95,897 | 281,734 | 375,262 | 215,158 | 261,285 | 601,957 | 652,884 | 395,228 | 531,242 | 197,876 | 531,242 | 563,089 |
| Total current liabilities | US$ in thousands | 1,298,610 | 1,589,800 | 1,059,360 | 795,885 | 977,328 | 1,243,560 | 745,587 | 792,786 | 938,782 | 1,115,580 | 645,833 | 790,223 | 998,813 | 1,692,880 | 1,171,440 | 752,969 | 1,163,080 | 1,163,080 | 1,163,080 | 691,483 |
| Quick ratio | 0.81 | 0.72 | 0.63 | 0.64 | 1.17 | 0.93 | 1.09 | 0.71 | 1.18 | 1.09 | 1.03 | 0.82 | 1.31 | 1.05 | 0.95 | 1.89 | 1.37 | 0.97 | 1.37 | 1.22 |
June 30, 2025 calculation
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($983,277K
+ $—K
+ $63,621K)
÷ $1,298,610K
= 0.81
The quick ratio of H&R Block Inc. demonstrates fluctuations over the analyzed period, reflecting varying levels of short-term liquidity. Starting at a value of approximately 1.22 on January 31, 2021, the ratio increased to a peak of 1.89 on September 30, 2021, indicating a period of strong liquidity and the firm's ability to cover its current liabilities with its most liquid assets. However, subsequent observations reveal a general decline, with some periods experiencing notable decreases, such as the ratio falling below 1.0, which suggests potential liquidity concerns, notably on December 31, 2022 (1.03) and again on September 30, 2023 (0.71).
The ratio's downward trend in 2022 and 2023 may indicate increased short-term liabilities or diminished liquid assets. Periods with ratios well above 1.0, such as March 31, 2021 (1.37) and June 30, 2021 (1.37), suggest adequate liquidity during those times. In contrast, the ratios trending towards or below 0.75 in 2023 and 2024 may reflect tighter liquidity positions, potentially affecting operational flexibility.
Overall, the data indicates that while the company maintained a generally acceptable quick ratio above 1.0 during most of the observed timeframe, recent years have shown a decline, underscoring a possible decrease in immediate liquidity. This trend warrants ongoing monitoring to assess the company's capacity to meet short-term obligations without relying on inventory sales or additional financing.
Peer comparison
Jun 30, 2025