Robert Half International Inc (RHI)
Debt-to-assets ratio
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | 0 | 239 |
| Total assets | US$ in thousands | 3,010,790 | 2,964,490 | 2,952,360 | 2,557,420 | 2,311,410 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2023 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $3,010,790K
= 0.00
The debt-to-assets ratio for Robert Half Inc has consistently been 0.00 over the past five years. This indicates that the company has not used any debt to finance its operations during this period and has relied solely on its own funds to support its assets. A debt-to-assets ratio of 0.00 generally suggests a low financial risk as there is no debt obligations that the company needs to fulfill, which can be seen as a positive sign of financial health and stability. However, it is also important to consider that a very low debt-to-assets ratio may imply missed opportunities for leveraging debt to potentially increase returns on equity. Overall, the consistent 0.00 debt-to-assets ratio for Robert Half Inc reflects a conservative financial approach with no reliance on borrowed funds for its asset base.
Peer comparison
Dec 31, 2023