Korn Ferry (KFY)
Debt-to-assets ratio
| Apr 30, 2024 | Apr 30, 2023 | Apr 30, 2022 | Apr 30, 2021 | Apr 30, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | 396,946 | 396,194 | 395,477 | 394,794 | 394,144 |
| Total assets | US$ in thousands | 3,678,870 | 3,574,440 | 3,464,550 | 3,056,530 | 2,743,830 |
| Debt-to-assets ratio | 0.11 | 0.11 | 0.11 | 0.13 | 0.14 |
April 30, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $396,946K ÷ $3,678,870K
= 0.11
The debt-to-assets ratio of Korn Ferry has remained relatively stable over the past five years, ranging from 0.11 to 0.14. A lower debt-to-assets ratio indicates that the company relies less on debt financing to fund its operations and investments. In Korn Ferry's case, the ratio has been consistently below 0.15, suggesting that the company has a conservative approach to debt management and maintains a healthy balance between debt and assets. This stability in the debt-to-assets ratio over the years indicates that Korn Ferry has maintained a consistent level of financial leverage, which may suggest financial stability and prudent financial management practices.
Peer comparison
Apr 30, 2024