Houlihan Lokey, Inc. (HLI) financial statements (2021 and earlier)

Company profile

Business Address HOULIHAN LOKEY, INC.
LOS ANGELES, CA 90067
State of Incorp.
Fiscal Year End March 31
SIC 6282 - Investment Advice (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2019
TTM
3/31/2019
3/31/2018
3/31/2017
3/31/2016
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments368411207300166
Cash and cash equivalents277286207300166
Short-term investments91125   
Receivables 72   
Total current assets:368483207300166
Noncurrent Assets
Operating lease, right-of-use asset129
Property, plant and equipment4231323022
Intangible assets, net (including goodwill)823795723715717
Goodwill627595529519519
Intangible assets, net (excluding goodwill)196200194196199
Deferred income tax assets8
Total noncurrent assets:1,001826755746739
Other undisclosed assets169115457340166
TOTAL ASSETS:1,5391,4231,4191,3861,071
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Deferred revenue28
Debt   192 
Contract with customer, liability28
Total current liabilities:2828 192 
Noncurrent Liabilities
Liabilities, other than long-term debt2    
Deferred income tax liabilities2
Total noncurrent liabilities:2    
Other undisclosed liabilities562504566463417
Total liabilities:592532566655417
Temporary equity, carrying amount   42
Stockholders' equity
Stockholders' equity attributable to parent, including:947891853727651
Treasury stock, value  (94)(194) 
Common stock, share subscribed but unissued, subscriptions receivable   (0)(0)
Additional paid in capital636645753855637
Accumulated other comprehensive loss(29)(30)(14)(22)(15)
Retained earnings3402762078729
Other undisclosed stockholders' equity attributable to parent    0
Other undisclosed stockholders' equity0000 
Total stockholders' equity:947891853727651
TOTAL LIABILITIES AND EQUITY:1,5391,4231,4191,3861,071

Income statement (P&L) ($ in millions)

12/31/2019
TTM
3/31/2019
3/31/2018
3/31/2017
3/31/2016
Revenues1,1481,084997913694
Revenue, net997913694
Other undisclosed gross profit(823)(778)(719)(671) 
Gross profit:325306278241694
Operating expenses(926)(865)(749)(690)(567)
Other undisclosed operating income823778686631 
Operating income:222220214182126
Nonoperating income (expense)453(4)(1)
Investment income, nonoperating 0002
Foreign currency transaction gain, before tax 15  
Interest and debt expense  (0)(1)(1)
Income from continuing operations before equity method investments, income taxes:226224218178125
Other undisclosed income from continuing operations before income taxes1 011
Income from continuing operations before income taxes:227224218178126
Income tax expense(57)(65)(46)(70)(56)
Net income:17015917210870
Net loss attributable to noncontrolling interest    (0)
Net income available to common stockholders, diluted:17015917210870

Comprehensive Income ($ in millions)

12/31/2019
TTM
3/31/2019
3/31/2018
3/31/2017
3/31/2016
Net income:17015917210870
Other undisclosed comprehensive income (loss)  8(7)(3)
Comprehensive income:17015918010166
Comprehensive loss, net of tax, attributable to noncontrolling interest    (0)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent4(16)   
Comprehensive income, net of tax, attributable to parent:17414318010166

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: