Heidrick & Struggles International (HSII)
Debt-to-assets ratio
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | 0 | — | 100,000 | — | 0 | — | — | — |
| 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 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.13 | 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
Based on the data provided for Heidrick & Struggles International, Inc., the debt-to-assets ratio has consistently been 0.00 in each quarter from Q1 2022 to Q4 2023. This indicates that the company has not utilized any debt to finance its assets during this period. A debt-to-assets ratio of 0.00 suggests that the company has a strong financial position with minimal financial risk related to debt. It implies that Heidrick & Struggles International, Inc. is primarily using equity to fund its operations and investments, which can be viewed positively by investors and creditors. However, it is important to consider the reasons behind the absence of debt in the company's capital structure and assess whether this approach is sustainable and optimal for its growth and profitability in the long term.
Peer comparison
Dec 31, 2023