H&R Block (FRA:HRB) Interest Expense : €-73 Mil (TTM As of Mar. 2024)

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What is H&R Block Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. H&R Block's interest expense for the three months ended in Mar. 2024 was € -24 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €-73 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. H&R Block's Operating Income for the three months ended in Mar. 2024 was € 854 Mil. H&R Block's Interest Expense for the three months ended in Mar. 2024 was € -24 Mil. H&R Block's Interest Coverage for the quarter that ended in Mar. 2024 was 35.60. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

H&R Block Interest Expense Historical Data

The historical data trend for H&R Block's Interest Expense 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.

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H&R Block Interest Expense Chart

H&R Block Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Jun22

Jun23

Interest Expense

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-77.48

-88.41

-89.34

-83.52

-67.36

H&R Block Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-20.83	-14.65	-14.87	-19.59	-23.98

H&R Block Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-73 Mil.

H&R Block (FRA:HRB) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

H&R Block's Interest Expense for the three months ended in Mar. 2024 was €-24 Mil. Its Operating Income for the three months ended in Mar. 2024 was €854 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was €1,569 Mil.

H&R Block's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	853.948	/	-23.984
	=	35.60

The higher the ratio, the stronger the company's financial strength is.

H&R Block (FRA:HRB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » H&R Block Inc (FRA:HRB) » Definitions » Interest Expense

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.