Heidrick & Struggles International (HSII)
Solvency ratios
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Financial leverage ratio | 2.47 | 2.86 | 3.29 | 2.94 | 2.73 |
Heidrick & Struggles International, Inc. has maintained a consistent low level of leverage over the past five years. The debt-to-assets, debt-to-capital, and debt-to-equity ratios have all remained at 0.00, indicating that the company has not used debt to finance its operations and that its assets are primarily funded through equity.
However, the financial leverage ratio has fluctuated over the period, with the company's financial leverage standing at 2.47 in 2023, down from 2.86 in 2022. This ratio indicates that for every dollar of equity, Heidrick & Struggles has $2.47 of total assets. The decreasing trend in the financial leverage ratio suggests that the company is becoming less reliant on debt to finance its assets, which may indicate a stronger financial position and reduced risk of financial distress.
Overall, the solvency ratios reflect Heidrick & Struggles' conservative financial management approach, with minimal use of debt to support its operations and a relatively stable financial leverage position over the years analyzed.
Coverage ratios
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| Interest coverage | — | 21.04 | 542.90 | -0.21 | 25.59 |
The absence of data for the interest coverage ratio for Heidrick & Struggles International, Inc. in the provided table is a limitation in evaluating the company's ability to cover its interest expenses with its operating income. The interest coverage ratio is a key financial metric that indicates a company's ability to meet its interest obligations out of its earnings. Without this information, it is difficult to assess the company's financial health and its ability to service its debt load. Additional financial data or context would be necessary to conduct a more thorough analysis of Heidrick & Struggles International, Inc.'s interest coverage ratio and overall financial performance.