Robert Half International Inc (RHI)
Interest coverage
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Earnings before interest and tax (EBIT) | US$ in thousands | 336,770 | 555,493 | 890,614 | 805,824 | 421,758 |
Interest expense | US$ in thousands | — | — | 8,008 | 122,353 | 151,719 |
Interest coverage | — | — | 111.22 | 6.59 | 2.78 |
December 31, 2024 calculation
Interest coverage = EBIT ÷ Interest expense
= $336,770K ÷ $—K
= —
Robert Half International Inc's interest coverage ratio has shown a positive trend over the years, starting at 2.78 on December 31, 2020, and increasing to 6.59 on December 31, 2021. The ratio experienced a significant improvement to 111.22 on December 31, 2022, indicating the company's ability to cover its interest expenses comfortably. However, it is noted that the data for December 31, 2023, and December 31, 2024 is missing. Overall, the increasing trend in the interest coverage ratio suggests a strengthening financial position and the ability of Robert Half International Inc to meet its interest obligations.
Peer comparison
Dec 31, 2024