Korn Ferry (KFY)
Financial leverage ratio
| Apr 30, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 3,861,220 | 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 |
| Total stockholders’ equity | US$ in thousands | 1,866,460 | 1,792,740 | 1,777,740 | 1,753,840 | 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 |
| Financial leverage ratio | 2.07 | 2.04 | 1.98 | 1.97 | 2.12 | 2.09 | 2.03 | 1.96 | 2.17 | 2.12 | 2.07 | 2.05 | 2.24 | 2.18 | 2.11 | 2.08 | 2.24 | 2.21 | 2.21 | 2.15 |
April 30, 2025 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $3,861,220K ÷ $1,866,460K
= 2.07
The financial leverage ratio of Korn Ferry demonstrates a relatively stable pattern over the analyzed period from July 2020 through April 2025. Initially, the ratio was recorded at 2.15 in July 2020, increasing slightly to reach a peak of 2.24 by April 2021. Subsequently, there was a modest decline observed in the following quarters, with the ratio decreasing to approximately 2.05 in July 2022. This period indicates a slight reduction in leverage, reflecting a potential easing of debt levels or increased equity, but the ratio generally maintained a range close to 2.1 to 2.2 throughout much of this time.
In the latter half of the period, from July 2022 onwards, the leverage ratio continued to hover around the 2.0 to 2.1 range, with minor fluctuations. Notably, the ratio dropped to its lowest point at 1.96 in July 2023 but rebounded modestly to about 2.03 by October 2023. The trend from late 2023 through April 2025 indicates a stabilization around 2.0 to 2.07, suggesting that the company has maintained a consistent leverage level, neither significantly increasing nor decreasing its debt relative to equity substantially.
Overall, the data reflects a pattern of relatively steady financial leverage with slight fluctuations. This stability suggests Korn Ferry's approach to leverage management has been cautious, maintaining leverage within a narrow range which may imply a balanced approach toward debt utilization and equity financing. The ratios across the periods indicate neither excessive indebtedness nor an undue reliance on equity, aligning with a conservative leverage strategy aimed at preserving financial flexibility.
Peer comparison
Apr 30, 2025