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Heidrick & Struggles International (Heidrick & Struggles International) Debt-to-EBITDA : 0.93 (As of Dec. 2023)


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What is Heidrick & Struggles International Debt-to-EBITDA?

Debt-to-EBITDA measures a company's ability to pay off its debt.

Heidrick & Struggles International's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $21 Mil. Heidrick & Struggles International's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $78 Mil. Heidrick & Struggles International's annualized EBITDA for the quarter that ended in Dec. 2023 was $108 Mil. Heidrick & Struggles International's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 0.93.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Heidrick & Struggles International's Debt-to-EBITDA or its related term are showing as below:

HSII' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.67   Med: 0.84   Max: 1.51
Current: 0.99

During the past 13 years, the highest Debt-to-EBITDA Ratio of Heidrick & Struggles International was 1.51. The lowest was 0.67. And the median was 0.84.

HSII's Debt-to-EBITDA is ranked better than
66.51% of 830 companies
in the Business Services industry
Industry Median: 1.83 vs HSII: 0.99

Heidrick & Struggles International Debt-to-EBITDA Historical Data

The historical data trend for Heidrick & Struggles International's Debt-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Heidrick & Struggles International Debt-to-EBITDA Chart

Heidrick & Struggles International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.41 1.51 0.70 0.67 0.99

Heidrick & Struggles International Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.92 0.94 0.80 0.72 0.93

Competitive Comparison of Heidrick & Struggles International's Debt-to-EBITDA

For the Staffing & Employment Services subindustry, Heidrick & Struggles International's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Heidrick & Struggles International's Debt-to-EBITDA Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Heidrick & Struggles International's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Heidrick & Struggles International's Debt-to-EBITDA falls into.



Heidrick & Struggles International Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Heidrick & Struggles International's Debt-to-EBITDA for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(21.498 + 78.204) / 101.111
=0.99

Heidrick & Struggles International's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(21.498 + 78.204) / 107.76
=0.93

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Dec. 2023) EBITDA data.


Heidrick & Struggles International  (NAS:HSII) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


Heidrick & Struggles International Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Heidrick & Struggles International's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Heidrick & Struggles International (Heidrick & Struggles International) Business Description

Traded in Other Exchanges
Address
233 South Wacker Drive, Suite 4900, Chicago, IL, USA, 60606-6303
Heidrick & Struggles International Inc is a leadership advisory firm providing executive search and consulting services to businesses and business leaders world wide. The company's operating segment includes the executive search business which operates in the Americas; Europe; Asia Pacific and On-Demand Talent and Heidrick Consulting. It generates maximum revenue from the Americas.
Executives
Mark R Harris officer: Chief Financial Officer C/O HERCULES TECHNOLOGY GROWTH CAPITAL, 400 HAMILTON AVENUE, SUITE 310, PALO ALTO CA 94301
John L Berisford director C/O THE PEPSI BOTTLING GROUP, INC., ONE PEPSI WAY, SOMERS NY 10589
Michael M Cullen officer: Chief Operating Officer 233 S. WACKER DRIVE, SUITE 4900, CHICAGO IL 60606
Tracey Heaton officer: Chief Legal Officer & Corp Sec C/O HEIDRICK & STRUGGLES INT'L, INC., 233 S. WACKER DR. SUITE 4900, CHICAGO IL 60606
Bear Mary E.g. director C/O IMPERVA, INC., 3400 BRIDGE PARKWAY, STE. 200, REDWOOD SHORES CA 94065
Sarah Payne officer: Chief Human Resources Officer 233 S. WACKER DRIVE, SUITE 4900, CHICAGO IL 60606
Krishnan Rajagopalan officer: President and CEO 2001 PENNSYLVANIA AVENUE, SUITE 800, WASHINGTON DC 20006
Elizabeth L Axelrod director C/O EBAY INC., 2065 HAMILTON AVENUE, SAN JOSE CA 95125
Willem Mesdag director C/O RED MOUNTAIN CAPITAL MANAGEMENT INC., 10100 SANTA MONICA BOULEVARD, SUITE 925, LOS ANGELES CA 90067
Stacey Rauch director C/O ASCENA RETAIL GROUP, INC., 933 MACARTHUR BOULEVARD, MAHWAH NJ 07430
Adam Warby director 2211 ELLIOTT AVE. SUITE 200, SEATTLE WA 98121
Lyle Logan director ONE TOWER LANE, OAKBROOK TERRACE IL 60181
Clare M. Chapman director 233 S. WACKER DRIVE, SUITE 4900, CHICAGO IL 60606
Laszlo Bock director 233 S. WACKER DRIVE, SUITE 4900, CHICAGO IL 60606
Kamau Coar officer: General Counsel and Secretary 233 S. WACKER DRIVE, SUITE 4900, CHICAGO IL 60606