Robert Half International Inc (RHI)
Debt-to-equity 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-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2023 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $1,588,350K
= 0.00
The debt-to-equity ratio of Robert Half Inc has consistently been 0.00 for the past five years, from 2019 to 2023. A debt-to-equity ratio of 0.00 indicates that the company has no debt on its balance sheet relative to its equity during these years. This suggests that Robert Half Inc has been primarily funded by equity rather than debt financing during this period. While a low or zero debt-to-equity ratio can indicate a lower financial risk for the company, it may also imply limited leverage and potentially lower returns on equity. It would be important to further analyze the company's capital structure and overall financial health to fully understand the implications of its consistent zero debt-to-equity ratio over these years.
Peer comparison
Dec 31, 2023