Robert Half International Inc (RHI)
Debt-to-assets ratio
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Long-term debt | US$ in thousands | — | — | — | — | 0 |
Total assets | US$ in thousands | 2,854,400 | 3,010,790 | 2,964,490 | 2,952,360 | 2,557,420 |
Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $2,854,400K
= 0.00
The debt-to-assets ratio of Robert Half International Inc has been consistently at 0.00 for the years 2020 to 2024. This indicates that the company has not used any debt to finance its assets during this period. A debt-to-assets ratio of 0.00 usually suggests a very low financial risk as the company is not relying on debt to fund its operations. It also signifies a strong financial position and stability in terms of asset coverage by equity. However, it is important to note that a low debt-to-assets ratio may also indicate missed opportunities for leveraging debt to potentially enhance returns, depending on the cost of debt and the company's risk appetite.
Peer comparison
Dec 31, 2024