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Houlihan Lokey (Houlihan Lokey) Debt-to-Equity : 0.24 (As of Dec. 2023)


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What is Houlihan Lokey Debt-to-Equity?

Houlihan Lokey's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0 Mil. Houlihan Lokey's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $420 Mil. Houlihan Lokey's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $1,769 Mil. Houlihan Lokey's debt to equity for the quarter that ended in Dec. 2023 was 0.24.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Houlihan Lokey's Debt-to-Equity or its related term are showing as below:

HLI' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 0.12   Max: 0.27
Current: 0.24

During the past 10 years, the highest Debt-to-Equity Ratio of Houlihan Lokey was 0.27. The lowest was 0.01. And the median was 0.12.

HLI's Debt-to-Equity is ranked better than
59.37% of 608 companies
in the Capital Markets industry
Industry Median: 0.37 vs HLI: 0.24

Houlihan Lokey Debt-to-Equity Historical Data

The historical data trend for Houlihan Lokey's Debt-to-Equity can be seen below:

* 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.

* Premium members only.

Houlihan Lokey Debt-to-Equity Chart

Houlihan Lokey Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 0.16 0.13 0.14 0.23

Houlihan Lokey Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.18 0.23 0.27 0.26 0.24

Competitive Comparison of Houlihan Lokey's Debt-to-Equity

For the Capital Markets subindustry, Houlihan Lokey's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.


Houlihan Lokey's Debt-to-Equity Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Houlihan Lokey's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Houlihan Lokey's Debt-to-Equity falls into.



Houlihan Lokey Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Houlihan Lokey's Debt to Equity Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Houlihan Lokey's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

* 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.


Houlihan Lokey  (NYSE:HLI) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Houlihan Lokey Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Houlihan Lokey's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Houlihan Lokey (Houlihan Lokey) Business Description

Traded in Other Exchanges
Address
10250 Constellation Boulevard, 5th Floor, Los Angeles, CA, USA, 90067
Houlihan Lokey Inc is an investment bank with expertise in mergers and acquisitions, capital markets, financial restructuring, valuation, and strategic consulting. The firm serves corporations, institutions, and governments worldwide with offices in the United States, Europe, and the Asia-Pacific region. The company operates in three segments. In the Corporate Finance business segment, it provides M&A and capital markets advisory services. Through the Financial Restructuring business segment, the company advises on some of the complex restructurings around the world. Financial and Valuation Advisory Services business segment provides valuation and financial opinion, and financial and strategic consulting practices in the United States.
Executives
Irwin Gold director, 10 percent owner, officer: EXECUTIVE CHAIRMAN
Christopher M Crain officer: GENERAL COUNSEL C/O HOULIHAN LOKEY, INC., 10250 CONSTELLATION BLVD., 5TH FL, LOS ANGELES CA 90067
J Lindsey Alley officer: CHIEF FINANCIAL OFFICER C/O HOULIHAN LOKEY, INC., 10250 CONSTELLATION BLVD., 5TH FL, LOS ANGELES CA 90067
Scott L Beiser director, officer: CHIEF EXECUTIVE OFFICER C/O HOULIHAN LOKEY, INC., 10250 CONSTELLATION BLVD., 5TH FL, LOS ANGELES CA 90067
Robert A Schriesheim director 3333 BEVERLY ROAD, HOFFMAN ESTATES IL 60179
Todd J Carter director 700 CANAL STREET, THIRD FLOOR, STAMFORD CT 06902
Paul Andrew Zuber director C/O HOULIHAN LOKEY, INC., 10250 CONSTELLATION BLVD., 5TH FLOOR, LOS ANGELES CA 90067
Scott Joseph Adelson director, officer: CO-PRESIDENT 1930 CENTURY PARK WEST, LOS ANGELES CA 90067
Ekpedeme M Bassey director C/O HOULIHAN LOKEY, INC., 10250 CONSTELLATION BLVD., 5TH FLOOR, LOS ANGELES CA 90067
Cyrus D. Walker director C/O MARIPOSA CAPITAL, LLC, 500 SOUTH POINTE DRIVE, SUITE 240, MIAMI BEACH FL 33139
David A Preiser director, officer: CO-PRESIDENT
Gillian Beth Zucker director C/O HOULIHAN LOKEY, INC., 10250 CONSTELLATION BOULEVARD, 5TH FLOOR, LOS ANGELES AR 90067
Orix Hlhz Holding Llc 10 percent owner 1717 MAIN STREET, SUITE 900, DALLAS TX 75201
Orix Corp 10 percent owner WORLD TRADE CENTER BLDG., SOUTH TOWER, 2-4-1 HAMAMATSU-CHO, MINATO-KU, TOKYO M0 105 5135
Jacqueline B Kosecoff director 5960 HEISLEY ROAD, MENTOR OH 44060