Heidrick & Struggles International (HSII)
Debt-to-equity 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 stockholders’ equity | US$ in thousands | 462,278 | 410,646 | 336,020 | 267,602 | 309,115 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2023 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $462,278K
= 0.00
Based on the data provided, Heidrick & Struggles International, Inc. has consistently maintained a debt-to-equity ratio of 0.00 for the past five years, including the most recent year ending December 31, 2023. A debt-to-equity ratio of 0.00 indicates that the company has no debt or liabilities compared to its shareholders' equity during the period under review. This suggests that the company relies primarily on equity financing rather than debt to fund its operations and investments. The consistent low to zero debt-to-equity ratio may indicate a strong financial position, as it implies lower financial risk and leverage. However, the absence of debt in the capital structure may also limit the company's ability to benefit from the tax advantages of debt or could signal a reluctance to leverage for potential growth opportunities. Further analysis of the company's financial health and capital structure would be needed to provide a more holistic assessment of its overall financial stability and strategic choices.
Peer comparison
Dec 31, 2023