Korn Ferry (KFY)

Financial leverage ratio

Jan 31, 2025 Oct 31, 2024 Jul 31, 2024 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
Total assets US$ in thousands 3,649,660 3,526,650 3,447,570 3,678,870 3,556,320 3,360,960 3,313,470 3,574,440 3,406,190 3,261,740 3,204,080 3,464,550 3,336,100 3,117,490 2,942,480 3,056,530 2,863,470 2,692,640 2,618,100 2,743,830
Total stockholders’ equity US$ in thousands 1,792,740 1,777,740 1,753,840 1,733,060 1,703,620 1,656,150 1,348,060 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
Financial leverage ratio 2.04 1.98 1.97 2.12 2.09 2.03 2.46 2.17 2.12 2.07 2.05 2.24 2.18 2.11 2.08 2.24 2.21 2.21 2.15 2.25

January 31, 2025 calculation

Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $3,649,660K ÷ $1,792,740K
= 2.04

The financial leverage ratio of Korn Ferry has exhibited fluctuations over the analyzed period from April 2020 to January 2025. Initially, at 2.25 in April 2020, the ratio experienced a slight decline and remained relatively stable through mid-2021, with minor variations around the 2.1 to 2.2 range. Notably, during this interval, the leverage ratio demonstrated a modest decreasing trend, reaching a low of approximately 2.05 in July 2022.

Subsequently, a gradual upward movement was observed, peaking at 2.46 in July 2023. Following this peak, the ratio declined again to around 2.03 in October 2023. The most recent data points reflect a relatively stable leverage ratio, oscillating close to 2.0-2.1, with a slight increase to 2.04 in January 2025.

Overall, the leverage ratio portrays a pattern of minor oscillations within a range approximately between 2.0 and 2.5. These fluctuations suggest periods of slight shifts in the company’s debt levels relative to its equity base but do not indicate any drastic changes in leverage strategy. The overall trend reflects a generally stable leverage position with transient increases and decreases over the analyzed timeframe.


Peer comparison

Jan 31, 2025

Company name
Symbol
Financial leverage ratio
Korn Ferry
KFY
2.04
Heidrick & Struggles International
HSII
2.64