Heidrick & Struggles International (HSII)
Debt-to-capital 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 stockholders’ equity | US$ in thousands | 462,278 | 439,148 | 428,317 | 421,112 | 410,646 | 384,531 | 368,474 | 350,765 | 336,020 | 323,256 | 299,553 | 278,570 | 267,602 | 261,066 | 286,203 | 311,765 | 309,115 | 296,635 | 288,449 | 273,419 |
| Debt-to-capital 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 | 0.26 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2023 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $462,278K)
= 0.00
Based on the data provided, Heidrick & Struggles International, Inc. has consistently maintained a debt-to-capital ratio of 0.00 throughout the last eight quarters. This indicates that the company has not utilized any debt to finance its operations and growth during this period. A debt-to-capital ratio of 0.00 suggests that the company relies solely on equity financing, indicating a conservative approach to financial leverage. Additionally, this stable ratio could imply that the company has a strong financial position with sufficient equity to support its operations without the need for external borrowing. However, it is important to note that a debt-to-capital ratio of 0.00 could also point to missed opportunities for leveraging debt for potential growth or tax advantages. Further analysis of the company's capital structure and financing strategy would provide a more comprehensive understanding of its financial health and decision-making process.
Peer comparison
Dec 31, 2023