Robert Half International Inc (RHI)
Current ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 2,129,420 | 2,297,140 | 2,285,110 | 2,268,550 | 1,842,740 |
| Total current liabilities | US$ in thousands | 1,285,740 | 1,235,110 | 1,216,200 | 1,358,670 | 1,046,630 |
| Current ratio | 1.66 | 1.86 | 1.88 | 1.67 | 1.76 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $2,129,420K ÷ $1,285,740K
= 1.66
The current ratio for Robert Half International Inc has shown some fluctuations over the past five years, ranging from 1.66 to 1.88. This ratio indicates the company's ability to cover its short-term obligations with its current assets. A higher current ratio is generally considered favorable as it suggests the company has sufficient current assets to meet its short-term liabilities.
In the latest year, as of December 31, 2024, the current ratio stands at 1.66, which is slightly lower than the previous year but still above 1. This suggests that the company may have slightly less liquidity to cover its short-term obligations compared to the prior period.
Overall, Robert Half International Inc has maintained a current ratio above 1 over the analyzed period, indicating that the company is likely able to meet its short-term financial obligations comfortably. However, management should continue to monitor and manage liquidity effectively to ensure the business remains financially healthy.
Peer comparison
Dec 31, 2024