Robert Half International Inc (RHI)

Financial leverage ratio

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	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
Total assets	US$ in thousands	2,854,400	2,982,220	2,937,750	2,889,700	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
Total stockholders’ equity	US$ in thousands	1,378,000	1,473,840	1,480,160	1,519,240	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
Financial leverage ratio		2.07	2.02	1.98	1.90	1.90	1.91	1.89	1.82	1.89	1.95	2.00	2.03	2.14	2.23	2.18	2.14	2.12	2.15	2.08	2.01

December 31, 2024 calculation

Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $2,854,400K ÷ $1,378,000K
= 2.07

The financial leverage ratio of Robert Half International Inc has demonstrated a slight fluctuation over the period from March 2020 to December 2024. The ratio measures the company's level of debt relative to its equity.

The ratio started at 2.01 in March 2020 and gradually increased to 2.23 by September 2021, indicating an increasing reliance on debt to finance its operations. However, from September 2021 to December 2024, the financial leverage ratio showed a downward trend, reaching 1.90 by March 2023 before moving back up slightly to 2.07 by December 2024.

The decrease in the ratio after September 2021 suggests that the company may have been paying down its debt or increasing its equity. A lower financial leverage ratio indicates a lower level of financial risk and greater financial stability as the company relies more on equity than debt to support its operations.

Overall, it is important for investors and stakeholders to monitor the financial leverage ratio of Robert Half International Inc to assess its ability to meet its financial obligations and manage its debt effectively.