Heidrick & Struggles International (HSII)
Current ratio
| 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 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 772,977 | 683,084 | 563,419 | 512,032 | 693,214 | 613,174 | 523,335 | 446,332 | 823,819 | 720,116 | 628,025 | 535,602 | 745,388 | 594,916 | 470,604 | 369,775 | 472,686 | 415,051 | 469,994 | 445,409 |
| Total current liabilities | US$ in thousands | 483,013 | 395,391 | 306,749 | 251,878 | 438,691 | 391,967 | 318,793 | 260,174 | 588,477 | 518,604 | 434,202 | 339,719 | 534,694 | 425,046 | 317,794 | 217,270 | 318,238 | 267,666 | 222,034 | 207,946 |
| Current ratio | 1.60 | 1.73 | 1.84 | 2.03 | 1.58 | 1.56 | 1.64 | 1.72 | 1.40 | 1.39 | 1.45 | 1.58 | 1.39 | 1.40 | 1.48 | 1.70 | 1.49 | 1.55 | 2.12 | 2.14 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $772,977K ÷ $483,013K
= 1.60
The current ratio of Heidrick & Struggles International has fluctuated over the past few years, ranging from a high of 2.14 in March 2020 to a low of 1.39 in December 2021 and September 2022. The current ratio measures the company's ability to meet its short-term obligations with its current assets.
A current ratio above 1 indicates that the company has more current assets than current liabilities, which is generally considered a positive sign of liquidity. Heidrick & Struggles International generally maintained a current ratio above 1, indicating that it had sufficient current assets to cover its short-term liabilities.
However, a current ratio that has been trending downward, such as in Heidrick & Struggles' case from 2.14 in March 2020 to 1.60 in December 2024, may raise concerns about the company's ability to meet its short-term obligations. It suggests that the proportion of current assets relative to current liabilities has decreased over time.
Overall, while Heidrick & Struggles International has generally maintained a current ratio above 1, indicating a relatively healthy liquidity position, the declining trend in the current ratio over the years may warrant further investigation to understand the underlying reasons for the decrease and to ensure the company's ongoing ability to meet its short-term obligations.
Peer comparison
Dec 31, 2024