Houlihan Lokey Inc Working Capital to Net Assets Ratio
Houlihan Lokey Inc working capital to net assets ratio. Houlihan Lokey Inc (HLI) has a Working Capital to Net Assets ratio of 26.3% as of September 2025. Working capital of $590.30 Million (current assets of $1.52 Billion minus current liabilities of $931.62 Million) is measured against net assets of $2.25 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. Check HLI intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Houlihan Lokey Inc (2013–2025)
Working capital to net assets ratio of Houlihan Lokey Inc from 2013 to 2025. This chart shows how Houlihan Lokey Inc's Working Capital to Net Assets ratio has evolved across 13 annual periods from 2013 to 2025. As of September 2025, the ratio stands at 26.3%, reflecting working capital of $590.30 Million against net assets of $2.25 Billion USD. See Houlihan Lokey Inc (HLI) defensive interval to measure how many days the company can operate on defensive assets alone.
Houlihan Lokey Inc Working Capital to Net Assets Ratio by Year (2013–2025)
Houlihan Lokey Inc working capital to net assets ratio by year from 2013 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for Houlihan Lokey Inc from 2013 to 2025, covering 13 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For the complete balance sheet picture, see HLI total asset value.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 19.7% | $429.54 Million | $2.17 Billion | $1.56 Billion | $1.13 Billion | ▲ +4.5 pp |
| 2024 | 15.3% | $280.58 Million | $1.84 Billion | $1.15 Billion | $873.34 Million | ▲ +8.1 pp |
| 2023 | 7.2% | $115.84 Million | $1.61 Billion | $1.04 Billion | $919.99 Million | ▲ +13.2 pp |
| 2022 | -6.0% | $-86.96 Million | $1.44 Billion | $1.08 Billion | $1.17 Billion | ▼ -24.9 pp |
| 2021 | 18.9% | $261.67 Million | $1.38 Billion | $1.07 Billion | $812.07 Million | ▲ +7.7 pp |
| 2020 | 11.2% | $110.02 Million | $984.38 Million | $611.06 Million | $501.04 Million | ▲ +3.2 pp |
| 2019 | 8.0% | $71.49 Million | $891.33 Million | $597.42 Million | $525.93 Million | ▲ +8.0 pp |
| 2018 | 0.0% | $-184.00K | $852.81 Million | $432.08 Million | $432.26 Million | ▼ -32.4 pp |
| 2017 | 32.4% | $236.43 Million | $730.46 Million | $623.20 Million | $386.77 Million | ▲ +29.9 pp |
| 2016 | 2.5% | $16.18 Million | $653.55 Million | $310.18 Million | $294.00 Million | ▼ -17.5 pp |
| 2015 | 20.0% | $165.32 Million | $825.89 Million | $516.62 Million | $351.30 Million | ▲ +9.0 pp |
| 2014 | 11.1% | $79.06 Million | $714.94 Million | $369.83 Million | $290.77 Million | ▲ +28.6 pp |
| 2013 | -17.5% | $-127.44 Million | $727.89 Million | $68.39 Million | $195.83 Million | — |