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Heidrick & Struggles International (Heidrick & Struggles International) Interest Coverage : N/A (As of Dec. 2023)


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What is Heidrick & Struggles International Interest Coverage?

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. Heidrick & Struggles International's Operating Income for the three months ended in Dec. 2023 was $22 Mil. Heidrick & Struggles International's Interest Expense for the three months ended in Dec. 2023 was $0 Mil. GuruFocus does not calculate 's interest coverage with the available data. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Heidrick & Struggles International Inc has enough cash to cover all of its debt. Its financial situation is stable.

The historical rank and industry rank for Heidrick & Struggles International's Interest Coverage or its related term are showing as below:


HSII's Interest Coverage is not ranked *
in the Business Services industry.
Industry Median: 13.44
* Ranked among companies with meaningful Interest Coverage only.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Heidrick & Struggles International Interest Coverage Historical Data

The historical data trend for Heidrick & Struggles International's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

* Premium members only.

Heidrick & Struggles International Interest Coverage Chart

Heidrick & Struggles International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only N/A N/A N/A N/A N/A

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
Interest Coverage 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 N/A N/A N/A N/A N/A

Competitive Comparison of Heidrick & Struggles International's Interest Coverage

For the Staffing & Employment Services subindustry, Heidrick & Struggles International's Interest Coverage, along with its competitors' market caps and Interest Coverage 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 Interest Coverage Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Heidrick & Struggles International's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Heidrick & Struggles International's Interest Coverage falls into.



Heidrick & Struggles International Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Heidrick & Struggles International's Interest Coverage for the fiscal year that ended in Dec. 2023 is calculated as

Here, for the fiscal year that ended in Dec. 2023, Heidrick & Struggles International's Interest Expense was $0 Mil. Its Operating Income was $83 Mil. And its Long-Term Debt & Capital Lease Obligation was $78 Mil.

GuruFocus does not calculate Heidrick & Struggles International's interest coverage with the available data.

Heidrick & Struggles International's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the three months ended in Dec. 2023, Heidrick & Struggles International's Interest Expense was $0 Mil. Its Operating Income was $22 Mil. And its Long-Term Debt & Capital Lease Obligation was $78 Mil.

GuruFocus does not calculate Heidrick & Struggles International's interest coverage with the available data.

* 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.

The higher the ratio, the stronger the company's Financial Strength is.


Heidrick & Struggles International  (NAS:HSII) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Heidrick & Struggles International Interest Coverage Related Terms

Thank you for viewing the detailed overview of Heidrick & Struggles International's Interest Coverage 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