Robert Half International Inc (RHI)

Debt-to-assets ratio

		Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Long-term debt	US$ in thousands	—	—	—	—	—	—	—	—	—	—	—	—	0	62	122	181	239	295	350	404
Total assets	US$ in thousands	3,010,790	3,021,050	3,067,640	2,912,130	2,964,490	2,910,580	2,933,840	2,950,770	2,952,360	2,931,720	2,741,370	2,565,170	2,557,420	2,563,090	2,402,380	2,274,850	2,311,410	2,311,570	2,239,420	2,204,610
Debt-to-assets ratio		0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	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 reported as 0.00 across each of the past eight quarters, indicating that the company has not utilized debt to finance its operations during this time period. A debt-to-assets ratio of 0.00 suggests that the company's assets are entirely financed through equity, without any reliance on borrowed funds. This may be viewed positively by investors and creditors as it signifies a low level of financial risk associated with the company's capital structure. Nevertheless, it is important to note that a consistently low debt-to-assets ratio could also indicate missed opportunities for leveraging debt to potentially enhance returns for shareholders.