Robert Half International Inc (RHI)
Debt-to-capital 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 stockholders’ equity | US$ in thousands | 1,588,350 | 1,568,560 | 1,381,050 | 1,205,290 | 1,143,680 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2023 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $1,588,350K)
= 0.00
The debt-to-capital ratio of Robert Half Inc has consistently been at 0.00 for the past five years, from 2019 to 2023. This indicates that the company has not used any long-term debt to finance its operations relative to its capital during this period. A consistent 0.00 debt-to-capital ratio suggests that the company has been funding its operations and growth primarily through equity financing rather than taking on debt. This can be seen as a positive sign as it indicates lower financial risk and less dependence on borrowed funds. However, it is important to consider the overall financial strategy and capital structure of the company to fully assess the implications of this ratio on its financial health and performance.
Peer comparison
Dec 31, 2023