Robert Half International Inc (RHI)
Debt-to-capital 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 stockholders’ equity | US$ in thousands | 1,588,350 | 1,579,970 | 1,625,270 | 1,598,480 | 1,568,560 | 1,490,920 | 1,467,670 | 1,452,770 | 1,381,050 | 1,316,040 | 1,259,250 | 1,197,700 | 1,205,290 | 1,194,030 | 1,156,710 | 1,129,920 | 1,143,680 | 1,111,830 | 1,109,230 | 1,077,030 |
| Debt-to-capital 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-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 0.00 for the past eight quarters, indicating that the company has not utilized any debt to finance its operations during this period. This suggests that Robert Half Inc relies primarily on equity financing, which can be seen as a positive sign of financial strength and stability. However, it's important to consider that a completely debt-free capital structure may also limit the company's ability to take advantage of potential growth opportunities or tax benefits associated with debt financing. Further analysis of the company's overall financial health and long-term strategy would provide a more holistic view of its capital structure and financial stability.
Peer comparison
Dec 31, 2023