HRB Total Liab vs Non Current Assets Total Analysis

HRB Stock  USD 59.28  0.05  0.08%   
HR Block financial indicator trend analysis is much more than just examining HR Block latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether HR Block is a good investment. Please check the relationship between HR Block Total Liab and its Non Current Assets Total accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in HR Block. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For information on how to trade HRB Stock refer to our How to Trade HRB Stock guide.

Total Liab vs Non Current Assets Total

Total Liab vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of HR Block Total Liab account and Non Current Assets Total. At this time, the significance of the direction appears to have very strong relationship.
The correlation between HR Block's Total Liab and Non Current Assets Total is 0.85. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of HR Block, assuming nothing else is changed. The correlation between historical values of HR Block's Total Liab and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Liab of HR Block are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Total Liab i.e., HR Block's Total Liab and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.85
Relationship DirectionPositive 
Relationship StrengthStrong

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from HR Block's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into HR Block current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in HR Block. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For information on how to trade HRB Stock refer to our How to Trade HRB Stock guide.At present, HR Block's Selling General Administrative is projected to decrease significantly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 8.95, whereas Tax Provision is forecasted to decline to about 95.2 M.
 2021 2022 2023 2024 (projected)
Interest Expense88.3M73.0M79.1M131.8M
Depreciation And Amortization142.2M130.5M121.8M129.4M

HR Block fundamental ratios Correlations

0.440.40.870.530.37-0.220.530.880.780.410.860.16-0.230.290.46-0.310.830.930.430.560.630.370.330.270.52
0.44-0.110.08-0.40.740.71-0.290.410.570.010.280.18-0.60.88-0.36-0.020.820.270.460.36-0.070.66-0.50.110.18
0.4-0.110.460.54-0.37-0.510.520.460.060.370.490.380.29-0.160.38-0.30.170.520.150.430.58-0.370.420.170.88
0.870.080.460.740.02-0.470.80.740.610.680.760.10.18-0.170.68-0.590.520.850.460.320.830.010.660.520.47
0.53-0.40.540.74-0.34-0.870.940.570.120.550.660.160.45-0.540.72-0.460.020.670.250.010.72-0.410.910.350.46
0.370.74-0.370.02-0.340.62-0.360.170.66-0.280.120.23-0.770.78-0.290.280.680.110.050.23-0.260.88-0.44-0.18-0.23
-0.220.71-0.51-0.47-0.870.62-0.74-0.340.23-0.29-0.460.12-0.550.7-0.650.210.3-0.440.070.05-0.550.61-0.83-0.08-0.36
0.53-0.290.520.80.94-0.36-0.740.560.20.810.610.130.47-0.540.73-0.740.060.620.48-0.060.79-0.410.90.650.47
0.880.410.460.740.570.17-0.340.560.470.390.98-0.02-0.070.260.37-0.310.720.940.530.450.610.090.40.240.67
0.780.570.060.610.120.660.230.20.470.330.410.23-0.570.510.33-0.260.850.490.290.410.40.71-0.020.290.17
0.410.010.370.680.55-0.28-0.290.810.390.330.360.110.34-0.330.57-0.980.160.370.7-0.140.76-0.290.60.940.4
0.860.280.490.760.660.12-0.460.610.980.410.36-0.02-0.010.150.41-0.270.640.960.450.460.610.030.480.190.65
0.160.180.380.10.160.230.120.13-0.020.230.11-0.02-0.110.120.02-0.060.170.090.060.10.150.160.040.050.31
-0.23-0.60.290.180.45-0.77-0.550.47-0.07-0.570.34-0.01-0.11-0.830.28-0.36-0.60.020.06-0.380.25-0.910.670.270.1
0.290.88-0.16-0.17-0.540.780.7-0.540.260.51-0.330.150.12-0.83-0.410.340.750.10.10.44-0.260.77-0.7-0.270.12
0.46-0.360.380.680.72-0.29-0.650.730.370.330.570.410.020.28-0.41-0.460.10.44-0.020.060.75-0.260.740.340.33
-0.31-0.02-0.3-0.59-0.460.280.21-0.74-0.31-0.26-0.98-0.27-0.06-0.360.34-0.46-0.1-0.27-0.710.18-0.650.3-0.53-0.98-0.33
0.830.820.170.520.020.680.30.060.720.850.160.640.17-0.60.750.1-0.10.650.390.60.320.67-0.160.110.41
0.930.270.520.850.670.11-0.440.620.940.490.370.960.090.020.10.44-0.270.650.420.530.640.090.470.210.63
0.430.460.150.460.250.050.070.480.530.290.70.450.060.060.1-0.02-0.710.390.42-0.070.45-0.010.210.750.33
0.560.360.430.320.010.230.05-0.060.450.41-0.140.460.1-0.380.440.060.180.60.53-0.070.090.4-0.26-0.20.52
0.63-0.070.580.830.72-0.26-0.550.790.610.40.760.610.150.25-0.260.75-0.650.320.640.450.09-0.240.690.530.6
0.370.66-0.370.01-0.410.880.61-0.410.090.71-0.290.030.16-0.910.77-0.260.30.670.09-0.010.4-0.24-0.61-0.18-0.24
0.33-0.50.420.660.91-0.44-0.830.90.4-0.020.60.480.040.67-0.70.74-0.53-0.160.470.21-0.260.69-0.610.410.31
0.270.110.170.520.35-0.18-0.080.650.240.290.940.190.050.27-0.270.34-0.980.110.210.75-0.20.53-0.180.410.2
0.520.180.880.470.46-0.23-0.360.470.670.170.40.650.310.10.120.33-0.330.410.630.330.520.6-0.240.310.2
Click cells to compare fundamentals

HR Block Account Relationship Matchups

HR Block fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.1B3.7B3.3B3.1B3.2B3.7B
Short Long Term Debt Total4.0B2.2B1.9B1.9B1.5B1.2B
Other Current Liab326.2M558.4M(6.2M)(225.2M)153.0M145.3M
Total Current Liabilities1.6B1.2B998.8M938.8M977.3M1.6B
Total Stockholder Equity71.0M352.4M211.6M32.1M90.6M86.1M
Property Plant And Equipment Net679.2M585.7M551.7M568.3M593.3M308.8M
Net Debt1.3B1.0B1.0B947.9M437.8M459.7M
Retained Earnings43.0M248.5M120.4M(48.7M)12.7M12.0M
Cash2.7B934.3M885.0M987.0M1.1B949.8M
Non Current Assets Total2.0B2.0B1.9B1.9B2.0B1.7B
Non Currrent Assets Other67.8M67.5M54.0M52.6M21.2M20.2M
Cash And Short Term Investments2.7B934.3M885.0M987.0M1.1B1.0B
Net Receivables133.2M531.2M261.3M95.9M51.2M48.6M
Common Stock Shares Outstanding198.1M188.8M171.4M154.5M143.9M266.5M
Liabilities And Stockholders Equity5.1B3.7B3.3B3.1B3.2B3.7B
Non Current Liabilities Total3.5B2.1B2.1B2.1B2.2B1.1B
Other Current Assets291.6K567.6K238.2M76.3M117.1M111.2M
Other Stockholder Equity77.4M96.9M110.9M116.1M125.1M131.3M
Total Liab5.0B3.3B3.1B3.0B3.1B2.7B
Total Current Assets3.1B1.7B1.4B1.2B1.2B2.0B
Intangible Assets415.0M360.1M309.6M277.0M264.1M415.7M
Accounts Payable203.1M198.1M160.9M159.9M155.8M148.0M
Accumulated Other Comprehensive Income(51.6M)4.8M(21.6M)(37.1M)(48.8M)(51.3M)
Good Will712.1M757.7M760.4M775.5M785.2M660.0M
Common Stock2.3M2.2M1.9M1.8M1.7M1.6M
Current Deferred Revenue201.4M200.2M196.1M367.0M191.1M325.0M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether HR Block offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of HR Block's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Hr Block Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Hr Block Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in HR Block. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For information on how to trade HRB Stock refer to our How to Trade HRB Stock guide.
You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Is Diversified Consumer Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of HR Block. If investors know HRB will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about HR Block listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.08)
Dividend Share
1.335
Earnings Share
4.02
Revenue Per Share
25.832
Quarterly Revenue Growth
0.054
The market value of HR Block is measured differently than its book value, which is the value of HRB that is recorded on the company's balance sheet. Investors also form their own opinion of HR Block's value that differs from its market value or its book value, called intrinsic value, which is HR Block's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because HR Block's market value can be influenced by many factors that don't directly affect HR Block's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between HR Block's value and its price as these two are different measures arrived at by different means. Investors typically determine if HR Block is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, HR Block's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.