BLK Debt Analysis

BLACKROCK FINANCE, INC. - Total Debt & Leverage Ratios

Debt Health Rating

Excellent

Very low debt levels with strong coverage

Key Debt Metrics

Total Debt

$9.96B

Combined long & short-term

Debt-to-Equity

0.25x

Leverage ratio

Interest Coverage

16.02x

Op. income / interest

Debt Structure

Long-term Debt

Due after 1 year

$9.86B

Short-term Debt

Due within 1 year

$100.00M

Annual Interest Expense

Cost of debt per year

$218.00M

Net Debt

Total debt minus cash

$-271.00M

Leverage Ratios

Debt-to-Assets

Total debt / Total assets

7.9%

Debt Service Coverage

Cash flow / Interest

4.39x

Debt Activity (Annual)

New Debt Issued

$2.98B

Debt Repaid

$1.00B

Net Change

$1.98B

Adding debt

Balance Sheet Context

Cash & Equivalents

$10.23B

Total Assets

$125.27B

Stockholders Equity

$40.10B

Operating Income

$3.49B

Operating Cash Flow

$957.00M

View Detailed Debt Analysis

Explore maturity schedules, corporate bonds, and risk analysis

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Frequently Asked Questions

What is BLK total debt?

BLK has total debt of $9.96B, consisting of $9.86B in long-term debt and $100.00M in short-term debt.

What is BLK debt-to-equity ratio?

BLK's debt-to-equity ratio is 0.25x. This indicates conservative leverage.

What is BLK interest coverage ratio?

BLK has an interest coverage ratio of 16.02x, meaning it generates 16.0 times its annual interest expense in operating income. This indicates strong ability to service debt.

Is BLK debt level healthy?

BLK has a debt health rating of "Excellent". Very low debt levels with strong coverage. The company has been adding to its debt.

How much is BLK net debt?

BLK's net debt (total debt minus cash) is $-271.00M. The negative value means the company has more cash than debt.

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