Heidrick & Struggles International (HSII)
Debt-to-assets ratio
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | 0 | 0 |
| Total assets | US$ in thousands | 1,141,590 | 1,175,640 | 1,106,800 | 787,812 | 844,173 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2023 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $1,141,590K
= 0.00
The debt-to-assets ratio of Heidrick & Struggles International, Inc. has consistently been at 0.00 over the past five years, including as of December 31, 2023. This indicates that the company has not utilized debt to finance its assets during this period. A debt-to-assets ratio of 0.00 signifies that the company's assets are entirely financed by equity or other sources of capital, without any reliance on debt. This could reflect a conservative financing strategy aimed at maintaining financial flexibility and minimizing interest expenses. It also suggests a strong financial position and possibly good creditworthiness, as the company is not heavily indebted. However, while a low debt-to-assets ratio may signal financial stability, it may also indicate underutilization of debt as a potential source of leverage for growth or strategic investments.
Peer comparison
Dec 31, 2023