Houlihan Lokey Balance Sheet

Financials in millions USD. Fiscal year is April - March.

Millions USD. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Cash & Equivalents	1,056	971.01	721.24	714.44	833.7	846.85
Accounts Receivable	443.55	415.09	391.64	297.07	248.78	226.52
Other Receivables	-	44.29	65.79	46.56	17.1	16.66
Property, Plant & Equipment	556.57	512.02	480.73	422.22	224.12	198.4
Goodwill	1,293	1,285	1,127	1,088	1,070	671.07
Other Intangible Assets	199.6	212.67	197.44	203.37	247.33	195.16
Investments in Debt & Equity Securities	127.6	195.08	37.47	36.79	109.14	208.62
Restricted Cash	-	4.57	0.62	0.37	0.37	0.37
Other Current Assets	-	0.55	0.53	0.52	-	-
Long-Term Deferred Tax Assets	-	92.78	90.06	104.94	95.28	28.33
Other Long-Term Assets	260.16	87.08	57.74	54.74	40.55	34.09
Total Assets	3,937	3,820	3,171	2,969	2,887	2,426
Accounts Payable	107.66	137.23	114.17	113.42	126.19	67.47
Accrued Expenses	881.13	936.62	726.03	765.88	953.6	648.4
Current Portion of Leases	-	49.87	-	-	-	-
Long-Term Debt	-	-	-	-	0.54	0.82
Long-Term Leases	497.13	388.32	415.41	374.87	197.09	174.52
Long-Term Deferred Tax Liabilities	-	8.78	7.51	0.54	0.79	0.05
Other Long-Term Liabilities	157.07	69.4	37.75	60.11	74.87	55.05
Total Liabilities	1,643	1,645	1,334	1,356	1,443	1,043
Common Stock	0.07	0.07	0.07	0.07	0.07	0.07
Additional Paid-In Capital	734.49	843.35	739.87	642.97	564.76	803.57
Retained Earnings	1,589	1,395	1,163	1,033	922.22	600.1
Comprehensive Income & Other	-29.47	-63.28	-66.61	-62.81	-43.35	-20.18
Total Common Equity	2,294	2,175	1,837	1,613	1,444	1,384
Shareholders' Equity	2,294	2,175	1,837	1,613	1,444	1,384
Total Liabilities & Equity	3,937	3,820	3,171	2,969	2,887	2,426
Total Debt	497.13	438.19	415.41	374.87	197.63	175.33
Net Cash (Debt)	559.35	532.82	305.82	339.57	636.07	671.52
Net Cash Growth	58.99%	74.23%	-9.94%	-46.61%	-5.28%	203.20%
Net Cash Per Share	8.14	7.76	4.49	5.02	9.32	9.78
Filing Date Shares Outstanding	69.69	69.79	68.58	68.06	66.54	68.2
Total Common Shares Outstanding	69.69	69.84	69.1	68.69	67.5	68.2
Working Capital	511.24	257.18	306.48	138.97	-69.86	278.33
Book Value Per Share	32.92	31.14	26.58	23.49	21.39	20.29
Tangible Book Value	801.37	677.62	511.81	322.14	125.93	517.34
Tangible Book Value Per Share	11.50	9.70	7.41	4.69	1.87	7.59

Source: S&P Global Market Intelligence. Capital Markets template. Financial Sources.