Korn Ferry Balance Sheet Health
Financial Health criteria checks 5/6
Korn Ferry has a total shareholder equity of $1.7B and total debt of $396.9M, which brings its debt-to-equity ratio to 22.8%. Its total assets and total liabilities are $3.7B and $1.9B respectively. Korn Ferry's EBIT is $281.5M making its interest coverage ratio 13.4. It has cash and short-term investments of $983.7M.
Key information
22.8%
Debt to equity ratio
US$396.95m
Debt
Interest coverage ratio | 13.4x |
Cash | US$983.75m |
Equity | US$1.74b |
Total liabilities | US$1.94b |
Total assets | US$3.68b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KFY's short term assets ($1.7B) exceed its short term liabilities ($934.5M).
Long Term Liabilities: KFY's short term assets ($1.7B) exceed its long term liabilities ($1.0B).
Debt to Equity History and Analysis
Debt Level: KFY has more cash than its total debt.
Reducing Debt: KFY's debt to equity ratio has increased from 17.9% to 22.8% over the past 5 years.
Debt Coverage: KFY's debt is well covered by operating cash flow (68.8%).
Interest Coverage: KFY's interest payments on its debt are well covered by EBIT (13.4x coverage).