Heidrick & Struggles International (HSII)
Return on assets (ROA)
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 54,410 | 55,599 | 61,438 | 76,605 | 79,486 | 75,919 | 79,591 | 76,207 | 72,572 | 65,633 | 14,957 | -31,541 | -37,707 | -32,690 | 3,435 | 43,448 | 46,869 | 47,509 | 54,031 | 51,214 |
| Total assets | US$ in thousands | 1,141,590 | 1,041,250 | 964,455 | 891,465 | 1,175,640 | 1,073,250 | 982,066 | 895,572 | 1,106,800 | 948,632 | 832,066 | 680,606 | 787,812 | 713,309 | 788,358 | 792,530 | 844,173 | 776,623 | 704,010 | 671,982 |
| ROA | 4.77% | 5.34% | 6.37% | 8.59% | 6.76% | 7.07% | 8.10% | 8.51% | 6.56% | 6.92% | 1.80% | -4.63% | -4.79% | -4.58% | 0.44% | 5.48% | 5.55% | 6.12% | 7.67% | 7.62% |
December 31, 2023 calculation
ROA = Net income (ttm) ÷ Total assets
= $54,410K ÷ $1,141,590K
= 4.77%
To analyze the return on assets (ROA) of Heidrick & Struggles International, Inc., we can observe a fluctuating trend in ROA over the past eight quarters. The ROA figures for Q1 2022 through Q4 2023 are as follows: 8.51%, 8.10%, 7.07%, 6.76%, 8.59%, 6.37%, 5.34%, and 4.77%, respectively.
The ROA is a measure of the company's efficiency in generating profits from its assets. A higher ROA indicates better utilization of assets to generate earnings. We can observe a general downward trend in the ROA over the quarters analyzed.
The highest ROA was observed in Q1 2023 at 8.59%, while the lowest ROA was recorded in Q4 2023 at 4.77%. The ROA peaked in Q1 2023 and has been gradually decreasing since then.
This trend indicates that Heidrick & Struggles International, Inc. may be experiencing challenges in optimizing its asset utilization efficiency to generate profit. It is essential for the company to closely monitor its asset management strategies and operational performance to improve its ROA and overall financial performance in the future.
Peer comparison
Dec 31, 2023