Korn Ferry (KFY)
Debt-to-capital ratio
| Apr 30, 2024 | Jan 31, 2024 | Oct 31, 2023 | Jul 31, 2023 | Apr 30, 2023 | Jan 31, 2023 | Oct 31, 2022 | Jul 31, 2022 | Apr 30, 2022 | Jan 31, 2022 | Oct 31, 2021 | Jul 31, 2021 | Apr 30, 2021 | Jan 31, 2021 | Oct 31, 2020 | Jul 31, 2020 | Apr 30, 2020 | Jan 31, 2020 | Oct 31, 2019 | Jul 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | 396,946 | 396,755 | 396,565 | 396,379 | 396,194 | 396,011 | 395,831 | 395,653 | 395,477 | 395,303 | 395,132 | 394,962 | 394,794 | 394,629 | 394,465 | 394,303 | 394,144 | 393,986 | 273,310 | 223,094 |
| Total stockholders’ equity | US$ in thousands | 1,733,060 | 1,703,620 | 1,656,150 | 1,686,680 | 1,648,070 | 1,608,980 | 1,578,050 | 1,564,750 | 1,544,350 | 1,531,280 | 1,479,520 | 1,417,190 | 1,366,390 | 1,293,190 | 1,219,970 | 1,215,660 | 1,221,380 | 1,275,100 | 1,255,930 | 1,260,900 |
| Debt-to-capital ratio | 0.19 | 0.19 | 0.19 | 0.19 | 0.19 | 0.20 | 0.20 | 0.20 | 0.20 | 0.21 | 0.21 | 0.22 | 0.22 | 0.23 | 0.24 | 0.24 | 0.24 | 0.24 | 0.18 | 0.15 |
April 30, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $396,946K ÷ ($396,946K + $1,733,060K)
= 0.19
The debt-to-capital ratio of Korn Ferry has remained relatively stable over the past few periods, hovering in the range of 0.19 to 0.24. This ratio indicates the proportion of the company's total liabilities to its total capital, including both debt and equity.
The consistent level of around 0.19 to 0.24 suggests that Korn Ferry has been maintaining a balanced capital structure, with a reasonable amount of debt relative to its total capital. It is important to note that a lower debt-to-capital ratio indicates a lower level of financial risk and leverage, while a higher ratio could indicate higher financial risk.
Overall, based on the trend observed, Korn Ferry's debt-to-capital ratio has been relatively stable within a reasonable range, indicating a balanced approach towards financing its operations.
Peer comparison
Apr 30, 2024