Heidrick & Struggles International, Inc. (HSII)

HSII Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	515.63	412.62	355.45	545.23	316.47
Short-Term Investments	47.9	65.54	266.17	-	20
Cash & Short-Term Investments	563.52	478.16	621.62	545.23	336.47
Cash Growth	17.85%	-23.08%	14.01%	62.04%	1.08%
Accounts Receivable	167.48	165.22	161.73	170.69	107.78
Other Receivables	6.47	10.41	10.95	3.21	5.86
Receivables	173.95	175.63	172.67	173.9	113.63
Prepaid Expenses	28.72	23.6	24.1	21.75	18.96
Other Current Assets	6.79	15.83	5.43	4.51	3.63
Total Current Assets	772.98	693.21	823.82	745.39	472.69
Property, Plant & Equipment	135.2	121.82	101.66	99.41	116.16
Goodwill	137.86	202.25	138.36	138.52	91.64
Other Intangible Assets	12.48	20.84	6.33	9.17	1.13
Long-Term Deferred Tax Assets	41.9	28.01	33.99	42.17	35.96
Other Long-Term Assets	93.77	75.46	71.47	72.14	70.23
Total Assets	1,194	1,142	1,176	1,107	787.81
Accounts Payable	25.09	20.84	14.61	20.37	8.8
Accrued Expenses	353.53	322.74	451.16	409.03	219.34
Current Portion of Leases	17.65	21.5	19.55	19.33	28.98
Current Income Taxes Payable	14.29	6.06	4.08	10	1.19
Current Unearned Revenue	51.09	45.73	43.06	51.4	38.05
Other Current Liabilities	21.37	21.82	56.02	24.55	21.88
Total Current Liabilities	483.01	438.69	588.48	534.69	318.24
Long-Term Leases	83.15	78.2	63.3	65.63	86.82
Long-Term Deferred Tax Liabilities	1.62	6.4	-	0.1	0.1
Other Long-Term Liabilities	101.45	93.92	64.76	114.77	61.56
Total Liabilities	741.37	679.31	764.99	770.78	520.21
Common Stock	0.2	0.2	0.2	0.2	0.2
Additional Paid-In Capital	260.89	251.99	246.63	233.16	231.05
Retained Earnings	205.88	210.07	168.2	101.18	40.98
Treasury Stock	-0.11	-0.11	-0.19	-0.19	-8.04
Comprehensive Income & Other	-14.05	0.13	-4.19	1.68	3.42
Shareholders' Equity	452.82	462.28	410.65	336.02	267.6
Total Liabilities & Equity	1,194	1,142	1,176	1,107	787.81
Total Debt	100.81	99.7	82.85	84.96	115.8
Net Cash (Debt)	462.72	378.45	538.76	460.27	220.67
Net Cash Growth	22.27%	-29.76%	17.05%	108.58%	-0.83%
Net Cash Per Share	21.84	18.22	26.13	22.68	11.43
Filing Date Shares Outstanding	20.41	20.12	19.86	19.59	19.36
Total Common Shares Outstanding	20.41	20.12	19.86	19.59	19.36
Working Capital	289.96	254.52	235.34	210.69	154.45
Book Value Per Share	22.19	22.97	20.68	17.15	13.82
Tangible Book Value	302.47	239.18	265.95	188.33	174.83
Tangible Book Value Per Share	14.82	11.89	13.39	9.61	9.03
Machinery	62.03	53.57	44.41	39.23	40.36
Leasehold Improvements	49.74	45.05	40.83	42.25	40.32

Source: S&P Capital IQ. Standard template. Financial Sources.