Heidrick & Struggles International, Inc. (HSII) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 | Q1'21 | Q4'20 |
|---|
| Total Current Assets | 823.64M | 699.61M | 595.15M | 772.98M | 683.08M | 563.42M | 512.03M | 693.21M | 613.17M | 523.34M | 446.33M | 823.82M | 720.12M | 628.02M | 535.6M | 745.39M | 594.92M | 470.6M | 369.77M | 472.69M |
| Cash & Short-Term Investments | 528.08M | 399.53M | 324.66M | 563.52M | 409.43M | 296.88M | 252.83M | 478.16M | 333.99M | 239.02M | 204.69M | 621.62M | 455.98M | 336.63M | 267.99M | 545.23M | 348.29M | 237.83M | 184.06M | 336.47M |
| Cash Only | 454.64M | 211.17M | 211.94M | 515.63M | 363.42M | 189.92M | 252.83M | 412.62M | 286.43M | 217.78M | 204.69M | 355.45M | 275.47M | 336.63M | 267.99M | 545.23M | 348.29M | 237.83M | 184.06M | 316.47M |
| Short-Term Investments | 73.44M | 188.35M | 112.72M | 47.9M | 46.01M | 106.96M | 0 | 65.54M | 47.56M | 21.24M | 0 | 266.17M | 180.51M | 0 | 0 | 0 | 0 | 0 | 0 | 20M |
| Accounts Receivable | 248.17M | 263M | 222.02M | 167.48M | 227.34M | 230.76M | 206.83M | 165.22M | 225.57M | 234.48M | 193.58M | 161.72M | 227.66M | 255.5M | 227.29M | 170.69M | 211.64M | 198.08M | 150.05M | 107.78M |
| Days Sales Outstanding | 280.58 | 298.21 | 281.92 | 217.63 | 293.41 | 297.76 | 280.54 | 234.3 | 307.33 | 312.61 | 291.82 | 247.33 | 321.74 | 309.71 | 290.55 | 216.94 | 291.15 | 276.76 | 281.25 | 242.55 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Current Assets | 15.83M | 6.64M | 14.5M | 13.26M | 18.63M | 7.75M | 20.95M | 26.24M | 25.28M | 22.44M | 16.53M | 16.38M | 9.15M | 10.07M | 9.64M | 7.72M | 8.36M | 9.65M | 9.07M | 9.48M |
| Total Non-Current Assets | 440.63M | 441.44M | 428.54M | 421.21M | 462.7M | 452.91M | 453.44M | 448.38M | 428.07M | 441.12M | 445.13M | 351.82M | 353.14M | 354.04M | 359.97M | 361.41M | 353.72M | 361.46M | 310.83M | 315.13M |
| Property, Plant & Equipment | 134.7M | 136.97M | 132.8M | 135.2M | 136.77M | 130.55M | 125.5M | 121.81M | 99.45M | 103.02M | 102.11M | 101.66M | 98.72M | 95.3M | 96.51M | 99.41M | 95.68M | 100.52M | 107.69M | 116.16M |
| Fixed Asset Turnover | 2.40x | 2.35x | 2.16x | 2.08x | 2.07x | 2.17x | 2.14x | 2.11x | 2.69x | 2.66x | 2.37x | 2.35x | 2.62x | 3.16x | 2.96x | 2.89x | 2.77x | 2.60x | 1.81x | 1.40x |
| Goodwill | 142.46M | 142.63M | 139.45M | 137.86M | 185.4M | 183.15M | 200.09M | 202.25M | 198.24M | 198.64M | 197.71M | 138.36M | 138.07M | 138.51M | 139.02M | 138.52M | 137.05M | 137.4M | 91.45M | 91.64M |
| Intangible Assets | 8.95M | 10.54M | 11.3M | 12.48M | 15.11M | 16.41M | 18.3M | 20.84M | 22.51M | 26.9M | 25.26M | 6.33M | 7M | 7.72M | 8.46M | 9.17M | 10.22M | 10.9M | 961K | 1.13M |
| Long-Term Investments | 11M | 69.16M | 11M | 0 | 11M | 55.93M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 143.51M | 37.76M | 133.99M | 135.66M | 114.42M | 37.65M | 109.54M | 103.47M | 107.88M | 112.56M | 120.05M | 105.46M | 109.35M | 112.51M | 115.98M | 114.31M | 110.76M | 112.64M | 110.73M | 106.19M |
| Total Assets | 1.26B | 1.14B | 1.02B | 1.19B | 1.15B | 1.02B | 965.47M | 1.14B | 1.04B | 964.46M | 891.47M | 1.18B | 1.07B | 982.07M | 895.57M | 1.11B | 948.63M | 832.07M | 680.61M | 787.81M |
| Asset Turnover | 0.26x | 0.28x | 0.28x | 0.24x | 0.25x | 0.28x | 0.28x | 0.23x | 0.26x | 0.28x | 0.27x | 0.20x | 0.24x | 0.31x | 0.32x | 0.26x | 0.28x | 0.31x | 0.29x | 0.21x |
| Asset Growth % | 10.34% | 12.27% | 6.03% | 4.61% | 10.04% | 5.38% | 8.3% | -2.9% | -2.98% | -1.79% | -0.46% | 6.22% | 13.14% | 18.03% | 31.58% | 40.49% | 32.99% | 5.54% | -14.12% | -6.68% |
| Total Current Liabilities | 538.98M | 429.89M | 349.54M | 483.01M | 395.39M | 306.75M | 251.88M | 438.69M | 391.97M | 318.79M | 260.17M | 588.48M | 518.6M | 434.2M | 339.72M | 534.69M | 425.05M | 317.79M | 217.27M | 318.24M |
| Accounts Payable | 20.28M | 25.83M | 23.1M | 25.09M | 21.52M | 19.52M | 19.78M | 20.84M | 18.97M | 15.48M | 16.98M | 14.61M | 17.25M | 16.43M | 16.35M | 20.37M | 18.12M | 17.79M | 10.15M | 8.8M |
| Days Payables Outstanding | 28.98 | 38.68 | 38.41 | 43.38 | 36.69 | 34.31 | 35.76 | 41.96 | 34.98 | 27.66 | 34.1 | 30.6 | 33.26 | 26.64 | 27.2 | 33.49 | 32.33 | 32.35 | 25.94 | 26.59 |
| Short-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue (Current) | 0 | 58.86M | 0 | 0 | 0 | 44.68M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 134.38M | 65.9M | 137.63M | 86.74M | 76.09M | 29.69M | 76.76M | 73.61M | 86.14M | 86.96M | 81.29M | 103.15M | 109.22M | 111.46M | 124.74M | 85.96M | 81.39M | 72.92M | 64.97M | 61.11M |
| Current Ratio | 1.53x | 1.63x | 1.70x | 1.60x | 1.73x | 1.84x | 2.03x | 1.58x | 1.56x | 1.64x | 1.72x | 1.40x | 1.39x | 1.45x | 1.58x | 1.39x | 1.40x | 1.48x | 1.70x | 1.49x |
| Quick Ratio | 1.53x | 1.63x | 1.70x | 1.60x | 1.73x | 1.84x | 2.03x | 1.58x | 1.56x | 1.64x | 1.72x | 1.40x | 1.39x | 1.45x | 1.58x | 1.39x | 1.40x | 1.48x | 1.70x | 1.49x |
| Cash Conversion Cycle | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 216.07M | 218.67M | 209.1M | 258.36M | 267.1M | 248.64M | 244.81M | 240.62M | 210.13M | 217.34M | 210.18M | 176.51M | 170.12M | 179.39M | 205.09M | 236.08M | 200.33M | 214.72M | 184.77M | 201.97M |
| Long-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | 83.1M | 86.91M | 82.44M | 83.15M | 84.62M | 78.12M | 78.05M | 78.2M | 55.83M | 60.33M | 60.85M | 63.3M | 60.4M | 60.14M | 62.44M | 65.63M | 63.34M | 75.99M | 81.54M | 86.82M |
| Deferred Tax Liabilities | 0 | 1.44M | 0 | 0 | 0 | 5.7M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 132.97M | 130.31M | 126.67M | 175.21M | 182.48M | 164.82M | 166.76M | 162.42M | 154.3M | 157.02M | 149.33M | 113.22M | 109.72M | 119.25M | 142.65M | 170.46M | 136.99M | 138.73M | 103.23M | 115.16M |
| Total Liabilities | 755.04M | 648.55M | 558.64M | 741.37M | 662.5M | 555.39M | 496.69M | 679.31M | 602.1M | 536.14M | 470.35M | 764.99M | 688.72M | 613.59M | 544.81M | 770.78M | 625.38M | 532.51M | 402.04M | 520.21M |
| Total Debt | 101.28M | 105.14M | 100.09M | 100.81M | 103.61M | 96.16M | 98.4M | 99.7M | 76.83M | 81.55M | 81.44M | 82.85M | 78.25M | 78.54M | 81.4M | 84.96M | 82.33M | 103.56M | 109.48M | 115.8M |
| Net Debt | -353.36M | -106.03M | -111.86M | -414.82M | -259.81M | -93.76M | -154.43M | -312.92M | -209.6M | -136.23M | -123.26M | -272.59M | -197.22M | -258.09M | -186.58M | -460.27M | -265.96M | -134.27M | -74.57M | -200.67M |
| Debt / Equity | 0.20x | 0.21x | 0.22x | 0.22x | 0.21x | 0.21x | 0.21x | 0.22x | 0.17x | 0.19x | 0.19x | 0.20x | 0.20x | 0.21x | 0.23x | 0.25x | 0.25x | 0.35x | 0.39x | 0.43x |
| Debt / EBITDA | 4.13x | 3.48x | 4.75x | - | 4.31x | - | 4.67x | 3.70x | 2.86x | 4.43x | 3.76x | 3.66x | 2.53x | 2.15x | 2.48x | 4.34x | 2.17x | 2.99x | 4.26x | 7.96x |
| Net Debt / EBITDA | -14.40x | -3.51x | -5.31x | - | -10.81x | - | -7.33x | -11.62x | -7.80x | -7.40x | -5.69x | -12.05x | -6.38x | -7.07x | -5.68x | -23.49x | -7.02x | -3.87x | -2.90x | -13.79x |
| Interest Coverage | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Equity | 509.22M | 492.49M | 465.05M | 452.82M | 483.29M | 460.93M | 468.79M | 462.28M | 439.15M | 428.32M | 421.11M | 410.65M | 384.53M | 368.47M | 350.76M | 336.02M | 323.26M | 299.55M | 278.57M | 267.6M |
| Equity Growth % | 5.37% | 6.85% | -0.8% | -2.05% | 10.05% | 7.61% | 11.32% | 12.57% | 14.2% | 16.24% | 20.06% | 22.21% | 18.96% | 23.01% | 25.92% | 25.57% | 23.82% | 4.66% | -10.65% | -13.43% |
| Book Value per Share | 23.89 | 23.21 | 21.81 | 21.44 | 22.99 | 22.75 | 22.28 | 22.36 | 21.37 | 20.75 | 20.47 | 20.03 | 18.84 | 18.14 | 17.10 | 16.55 | 15.97 | 14.89 | 13.81 | 13.47 |
| Total Shareholders' Equity | 509.22M | 492.49M | 465.05M | 452.82M | 483.29M | 460.93M | 468.79M | 462.28M | 439.15M | 428.32M | 421.11M | 410.65M | 384.53M | 368.47M | 350.76M | 336.02M | 323.26M | 299.55M | 278.57M | 267.6M |
| Common Stock | 208K | 207K | 206K | 204K | 204K | 203K | 202K | 201K | 201K | 200K | 200K | 199K | 199K | 197K | 197K | 196K | 196K | 196K | 196K | 196K |
| Retained Earnings | 248.19M | 233.81M | 215.99M | 205.88M | 224.16M | 212.55M | 220.89M | 210.07M | 198.37M | 186.53M | 180.67M | 168.2M | 155.28M | 137.57M | 116.53M | 101.18M | 92.06M | 70.51M | 52.74M | 40.98M |
| Treasury Stock | -110K | -110K | -110K | -110K | -110K | -110K | -110K | -110K | -110K | -819K | -354K | -191K | -191K | -191K | -191K | -191K | -181K | -2M | -3.09M | -8.04M |
| Accumulated OCI | -5.28M | -5.02M | -11.54M | -14.04M | 940K | -6.06M | -3.96M | 129K | -7.82M | -3.82M | -3.75M | -4.19M | -12.38M | -6.93M | 593K | 1.67M | 2.07M | 2.73M | 2.72M | 3.42M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |