Heidrick & Struggles International (HSII)
Quick ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cash | US$ in thousands | 515,627 | 412,618 | 355,447 | 545,225 | 316,473 |
| Short-term investments | US$ in thousands | 47,896 | 65,538 | 266,169 | 0 | 19,999 |
| Receivables | US$ in thousands | 134,331 | 133,128 | 161,725 | 170,692 | 107,775 |
| Total current liabilities | US$ in thousands | 483,013 | 438,691 | 588,477 | 534,694 | 318,238 |
| Quick ratio | 1.44 | 1.39 | 1.33 | 1.34 | 1.40 |
December 31, 2024 calculation
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($515,627K
+ $47,896K
+ $134,331K)
÷ $483,013K
= 1.44
The quick ratio of Heidrick & Struggles International has remained relatively stable over the five-year period from December 31, 2020, to December 31, 2024. The quick ratio measures the company's ability to meet its short-term obligations with its most liquid assets, excluding inventory.
The quick ratio ranged from 1.33 to 1.44 during this period, indicating that the company generally had sufficient liquid assets to cover its current liabilities. Typically, a quick ratio above 1.0 is considered healthy as it suggests that the company can meet its short-term obligations without relying heavily on selling inventory.
Overall, the consistent quick ratio above 1.0 suggests that Heidrick & Struggles International has maintained a strong liquidity position over the years, which is crucial for financial stability and operational flexibility.
Peer comparison
Dec 31, 2024