Heidrick & Struggles International (HSII)
Solvency ratios
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 0.00 | 0.00 | 0.00 | 0.00 | 0.13 | 0.00 |
| 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 | 0.00 | 0.00 | 0.00 | 0.00 | 0.26 | 0.00 |
| Debt-to-equity 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 | 0.00 | 0.00 | 0.00 | 0.00 | 0.35 | 0.00 |
| Financial leverage ratio | 2.64 | 2.37 | 2.20 | 2.06 | 2.47 | 2.37 | 2.25 | 2.12 | 2.86 | 2.79 | 2.67 | 2.55 | 3.29 | 2.93 | 2.78 | 2.44 | 2.94 | 2.73 | 2.75 | 2.54 |
Heidrick & Struggles International's solvency ratios indicate the company's ability to meet its long-term financial obligations.
1. Debt-to-assets ratio: The company's debt-to-assets ratio remained consistently low at 0.00 from March 2020 to December 2024. This suggests that Heidrick & Struggles International has little reliance on debt to finance its assets.
2. Debt-to-capital ratio: Similarly, the debt-to-capital ratio remained at 0.00 over the same period, except for a slight increase to 0.26 in June 2020. This indicates that the company has a minimal amount of debt relative to its total capital structure.
3. Debt-to-equity ratio: The debt-to-equity ratio also remained stable at 0.00 from March 2020 to December 2024, except for a temporary increase to 0.35 in June 2020. This implies that Heidrick & Struggles International relies more on equity financing rather than debt for its operations.
4. Financial leverage ratio: The financial leverage ratio fluctuated over the period, ranging from 2.06 to 3.29. Despite some variability, the ratio generally remained at moderate levels, indicating that the company has a reasonable amount of debt in its capital structure compared to equity.
Overall, based on the solvency ratios, Heidrick & Struggles International appears to have a strong financial position with minimal debt levels and a healthy balance between debt and equity financing.
Coverage ratios
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Interest coverage | — | 10.49 | 11.09 | 14.60 | 7.45 | 8.40 | 7.96 | 9.70 | 14.80 | 27.19 | 40.09 | 42.19 | 325.38 | 165.19 | 29.28 | -36.25 | -23.12 | -14.60 | 8.56 | 23.73 |
The interest coverage ratio for Heidrick & Struggles International has varied significantly over the periods provided.
As of March 31, 2020, the interest coverage ratio was 23.73, indicating that the company generated sufficient earnings to cover its interest expenses approximately 23 times over. However, by December 31, 2020, the ratio had deteriorated to -23.12, suggesting that the company's earnings were insufficient to cover its interest expenses, potentially raising concerns about its financial stability.
The interest coverage ratio continued to be negative through March 31, 2021, and June 30, 2021, indicating ongoing financial challenges. However, by September 30, 2021, there was a significant improvement, with a ratio of 165.19, suggesting a substantial increase in earnings relative to interest expenses.
The ratio remained high in the subsequent quarters, with values above 100 indicating a strong ability to cover interest payments. By December 31, 2021, the interest coverage ratio was 325.38, signaling a robust financial position.
The ratio then decreased in the following periods but remained positive and above 10, reflecting healthy interest coverage levels. As of December 31, 2024, the data provided indicates a missing value, which should be interpreted with caution as it does not offer insight into the company's interest coverage at that specific point in time.
Overall, the trend in the interest coverage ratio for Heidrick & Struggles International displays fluctuations but generally suggests improvements in the company's ability to cover its interest expenses, with some periods showing strong financial health and others indicating potential financial challenges.