GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Robert Half Inc (BSP:R1HI34) » Definitions » Financial Strength

Robert Half (BSP:R1HI34) Financial Strength : 8 (As of Dec. 2023)


View and export this data going back to 2020. Start your Free Trial

What is Robert Half Financial Strength?

Robert Half has the Financial Strength Rank of 8. It shows strong financial strength and is unlikely to fall into distressed situations.

Good Sign:

Robert Half Inc shows strong financial strength.

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors:

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
2. Debt to revenue ratio. The lower, the better.
3. Altman Z-Score.

GuruFocus does not calculate Robert Half's interest coverage with the available data. Robert Half's debt to revenue ratio for the quarter that ended in Dec. 2023 was 0.04. As of today, Robert Half's Altman Z-Score is 6.38.


Competitive Comparison of Robert Half's Financial Strength

For the Staffing & Employment Services subindustry, Robert Half's Financial Strength, along with its competitors' market caps and Financial Strength 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.


Robert Half's Financial Strength Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Robert Half's Financial Strength distribution charts can be found below:

* The bar in red indicates where Robert Half's Financial Strength falls into.



Robert Half Financial Strength Calculation

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.

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

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:

Robert Half's Interest Expense for the months ended in Dec. 2023 was R$0 Mil. Its Operating Income for the months ended in Dec. 2023 was R$327 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was R$791 Mil.

Robert Half's Interest Coverage for the quarter that ended in Dec. 2023 is

GuruFocus does not calculate Robert Half'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. Robert Half Inc has enough cash to cover all of its debt. Its financial situation is stable.

2. Debt to revenue ratio. The lower, the better.

Robert Half's Debt to Revenue Ratio for the quarter that ended in Dec. 2023 is

Debt to Revenue Ratio=Total Debt (Q: Dec. 2023 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(394.233 + 791.024) / 28867.504
=0.04

3. Altman Z-Score.

Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.

The zones of discrimination were as such:

When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.

Robert Half has a Z-score of 6.38, indicating it is in Safe Zones. This implies the Z-Score is strong.

Good Sign:

Altman Z-score of 6.38 is strong.

* 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.


Robert Half  (BSP:R1HI34) Financial Strength Explanation

The maximum rank is 10. Companies with rank 7 or higher will be unlikely to fall into distressed situations. Companies with rank of 3 or less are likely in financial distress.

Robert Half has the Financial Strength Rank of 8. It shows strong financial strength and is unlikely to fall into distressed situations.


Robert Half Financial Strength Related Terms

Thank you for viewing the detailed overview of Robert Half's Financial Strength provided by GuruFocus.com. Please click on the following links to see related term pages.


Robert Half (BSP:R1HI34) Business Description

Traded in Other Exchanges
Address
2884 Sand Hill Road, Suite 200, Menlo Park, CA, USA, 94025
Founded in 1948, Robert Half provides temporary, permanent, and outcome-based staffing for both in-person and remote positions in the finance and accounting, technology, legal, marketing, and administrative fields. Its subsidiary consulting arm, Protiviti, specializes in technology, risk, auditing, and compliance matters. The firm generates most of its sales inside the U.S. and stands as one of the largest specialized firms in the highly fragmented U.S. staffing industry. The firm generates annual revenue of around $7 billion.

Robert Half (BSP:R1HI34) Headlines

No Headlines