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Why does H&R Block have such a high debt load?
Posted on 9/16/20 at 10:41 am
Posted on 9/16/20 at 10:41 am
Their debt to asset ratio is 98% per Marketwatch.
They're at a fairly low price right now and have a good dividend return, but given the service they provide they shouldn't have that high a debt load. Carries a risk of bankruptcy.
They're at a fairly low price right now and have a good dividend return, but given the service they provide they shouldn't have that high a debt load. Carries a risk of bankruptcy.
Posted on 9/16/20 at 12:28 pm to Bestbank Tiger
Fronting all those tax refunds.
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