Total Debt
$493M
Net Debt
-$304M
Houlihan Lokey, Inc. currently has $493M in total debt. Net debt is -$304M after cash offsets. This 'Net Cash' position indicates exceptional financial strength.
Financial Fundamentals
HLI • Quarterly Data • 5Y View
| Date | Total Debt ($B) | Cash & Inv. ($B) | Net Debt ($B) | Total Assets | Debt/Assets |
|---|---|---|---|---|---|
| 2026-06-30 | 0.49 | 0.80 | -0.30Net Cash | 3.72 | 13.3% |
| 2026-03-31 | 0.49 | 1.36 | -0.87Net Cash | 4.31 | 11.4% |
| 2025-12-31 | 0.50 | 1.14 | -0.64Net Cash | 3.94 | 12.6% |
| 2025-09-30 | 0.43 | 1.08 | -0.65Net Cash | 3.79 | 11.4% |
| 2025-06-30 | 0.44 | 0.84 | -0.40Net Cash | 3.52 | 12.5% |
| 2025-03-31 | 0.44 | 1.14 | -0.70Net Cash | 3.82 | 11.5% |
| 2024-12-31 | 0.43 | 0.87 | -0.44Net Cash | 3.48 | 12.5% |
| 2024-09-30 | 0.43 | 0.72 | -0.29Net Cash | 3.21 | 13.4% |
| 2024-06-30 | 0.44 | 0.46 | -0.02Net Cash | 2.94 | 14.8% |
| 2024-03-31 | 0.42 | 0.73 | -0.31Net Cash | 3.17 | 13.1% |
| 2023-12-31 | 0.42 | 0.56 | -0.14Net Cash | 2.96 | 14.2% |
| 2023-09-30 | 0.42 | 0.50 | -0.08Net Cash | 2.78 | 15.1% |
| 2023-06-30 | 0.43 | 0.46 | -0.03Net Cash | 2.71 | 15.9% |
| 2023-03-31 | 0.37 | 0.72 | -0.35Net Cash | 2.97 | 12.6% |
| 2022-12-31 | 0.28 | 0.55 | -0.27Net Cash | 2.67 | 10.6% |
| 2022-09-30 | 0.19 | 0.50 | -0.31Net Cash | 2.51 | 7.5% |
| 2022-06-30 | 0.19 | 0.49 | -0.30Net Cash | 2.44 | 7.7% |
| 2022-03-31 | 0.20 | 0.83 | -0.64Net Cash | 2.89 | 6.8% |
| 2021-12-31 | 0.19 | 1.06 | -0.87Net Cash | 3.05 | 6.2% |
| 2021-09-30 | 0.16 | 0.92 | -0.76Net Cash | 2.36 | 7.0% |
| 2021-06-30 | 0.17 | 0.78 | -0.61Net Cash | 2.15 | 7.9% |
| 2021-03-31 | 0.18 | 0.85 | -0.67Net Cash | 2.43 | 7.2% |
| 2020-12-31 | 0.17 | 0.63 | -0.46Net Cash | 2.12 | 8.0% |
| 2020-09-30 | 0.18 | 0.42 | -0.25Net Cash | 1.84 | 9.6% |
| 2020-06-30 | 0.18 | 0.42 | -0.24Net Cash | 1.70 | 10.5% |
| 2020-03-31 | 0.16 | 0.49 | -0.33Net Cash | 1.68 | 9.5% |
| 2019-12-31 | 0.16 | 0.28 | -0.12Net Cash | 1.54 | 10.1% |
| 2019-09-30 | 0.16 | 0.22 | -0.06Net Cash | 1.45 | 11.0% |
| 2019-06-30 | 0.16 | 0.22 | -0.05Net Cash | 1.39 | 11.8% |
| 2019-03-31 | 0.01 | 0.29 | -0.28Net Cash | 1.42 | 0.6% |
| 2018-12-31 | 0.01 | 0.28 | -0.27Net Cash | 1.26 | 0.7% |
| 2018-09-30 | 0.01 | 0.24 | -0.23Net Cash | 1.22 | 0.9% |
| 2018-06-30 | 0.01 | 0.16 | -0.15Net Cash | 1.15 | 1.0% |
| 2018-03-31 | 0.01 | 0.21 | -0.19Net Cash | 1.42 | 0.9% |
| 2017-12-31 | 0.01 | 0.33 | -0.32Net Cash | 1.20 | 1.0% |
| 2017-09-30 | 0.02 | 0.31 | -0.29Net Cash | 1.17 | 1.4% |
| 2017-06-30 | 0.02 | 0.20 | -0.18Net Cash | 1.08 | 1.6% |
| 2017-03-31 | 0.03 | 0.30 | -0.27Net Cash | 1.38 | 2.4% |
| 2016-12-31 | 0.04 | 0.25 | -0.21Net Cash | 1.09 | 4.0% |
| 2016-09-30 | 0.05 | 0.16 | -0.10Net Cash | 1.01 | 5.1% |
| 2016-06-30 | 0.09 | 0.11 | -0.01Net Cash | 0.99 | 9.5% |
| 2016-03-31 | 0.08 | 0.17 | -0.09Net Cash | 1.07 | 7.2% |
| 2015-12-31 | 0.08 | 0.13 | -0.05Net Cash | 1.03 | 7.6% |
| 2015-09-30 | 0.06 | 0.10 | -0.04Net Cash | 0.98 | 6.3% |
| 2015-06-30 | 0.00 | 0.10 | -0.10Net Cash | 1.11 | 0.0% |
| 2015-03-31 | 0.00 | 0.09 | -0.09Net Cash | 1.23 | 0.0% |
| 2014-12-31 | 0.00 | 0.08 | -0.08Net Cash | 1.10 | 0.0% |
| 2014-03-31 | 0.00 | 0.11 | -0.11Net Cash | 1.06 | 0.0% |