Houlihan Total Operating Expenses vs Income Tax Expense Analysis
| HLI Stock | USD 185.01 0.84 0.46% |
Houlihan Lokey financial indicator trend analysis is much more than just examining Houlihan Lokey latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Houlihan Lokey is a good investment. Please check the relationship between Houlihan Lokey Total Operating Expenses and its Income Tax Expense accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Houlihan Lokey. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. For more detail on how to invest in Houlihan Stock please use our How to Invest in Houlihan Lokey guide.
Total Operating Expenses vs Income Tax Expense
Total Operating Expenses vs Income Tax Expense Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Houlihan Lokey Total Operating Expenses account and Income Tax Expense. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Houlihan Lokey's Total Operating Expenses and Income Tax Expense is 0.13. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Income Tax Expense in the same time period over historical financial statements of Houlihan Lokey, assuming nothing else is changed. The correlation between historical values of Houlihan Lokey's Total Operating Expenses and Income Tax Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Operating Expenses of Houlihan Lokey are associated (or correlated) with its Income Tax Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Tax Expense has no effect on the direction of Total Operating Expenses i.e., Houlihan Lokey's Total Operating Expenses and Income Tax Expense go up and down completely randomly.
Correlation Coefficient | 0.13 |
| Relationship Direction | Positive |
| Relationship Strength | Insignificant |
Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.Income Tax Expense
Most indicators from Houlihan Lokey's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Houlihan Lokey current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Houlihan Lokey. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. For more detail on how to invest in Houlihan Stock please use our How to Invest in Houlihan Lokey guide.As of now, Houlihan Lokey's Enterprise Value Over EBITDA is increasing as compared to previous years. The Houlihan Lokey's current Enterprise Value Multiple is estimated to increase to 21.30, while Selling General Administrative is projected to decrease to under 46.6 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 861.3M | 661.6M | 700.8M | 482.4M | Total Revenue | 2.3B | 1.8B | 1.9B | 1.4B |
Houlihan Lokey fundamental ratios Correlations
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Houlihan Lokey Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Houlihan Lokey fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 1.7B | 2.4B | 2.9B | 3.0B | 3.2B | 2.1B | |
| Other Current Liab | 390.9M | (67.5M) | (126.2M) | (113.4M) | (114.2M) | (108.5M) | |
| Total Current Liabilities | 501.0M | 812.1M | 1.2B | 920.0M | 33.1M | 31.5M | |
| Total Stockholder Equity | 984.4M | 1.4B | 1.4B | 1.6B | 1.8B | 1.2B | |
| Other Liab | 27.9M | 55.1M | 75.7M | 60.7M | 69.8M | 43.5M | |
| Net Tangible Assets | 171.5M | 517.3M | 183.0M | 322.1M | 370.5M | 389.0M | |
| Property Plant And Equipment Net | 177.6M | 198.4M | 224.1M | 422.2M | 480.7M | 504.8M | |
| Current Deferred Revenue | 26.8M | 27.9M | 28.8M | 40.7M | 33.1M | 20.6M | |
| Net Debt | (221.5M) | (671.5M) | (636.1M) | (339.6M) | (306.4M) | (321.8M) | |
| Retained Earnings | 377.5M | 600.1M | 922.2M | 1.0B | 1.2B | 1.2B | |
| Accounts Payable | 53.9M | 67.5M | 126.2M | 113.4M | 114.2M | 72.0M | |
| Cash | 380.4M | 846.9M | 833.7M | 714.4M | 721.2M | 465.4M | |
| Non Current Assets Total | 1.2B | 1.4B | 1.8B | 1.9B | 2.4B | 1.3B | |
| Non Currrent Assets Other | 38.9M | 50.7M | 57.6M | 83.6M | 515.8M | 541.6M | |
| Other Assets | 27.5M | 62.4M | 3.5B | 105.3M | 3.2B | 3.3B | |
| Cash And Short Term Investments | 380.4M | 846.9M | 833.7M | 714.4M | 728.8M | 466.1M | |
| Net Receivables | 125.0M | 226.5M | 248.8M | 314.8M | 457.4M | 261.7M | |
| Good Will | 618.5M | 671.1M | 1.1B | 1.1B | 1.1B | 763.8M | |
| Common Stock Shares Outstanding | 65.7M | 68.7M | 68.3M | 67.6M | 68.2M | 72.2M | |
| Liabilities And Stockholders Equity | 1.7B | 2.4B | 2.9B | 3.0B | 3.2B | 2.1B | |
| Non Current Liabilities Total | 191.6M | 230.4M | 273.3M | 420.5M | 1.3B | 1.4B | |
| Inventory | 70.8M | 524.0M | 1.1B | 1.1B | 1.2B | 1.3B | |
| Other Stockholder Equity | 272.5M | 803.6M | 564.8M | 643.0M | 739.9M | 691.8M | |
| Total Liab | 692.6M | 1.0B | 1.4B | 1.3B | 1.3B | 877.0M | |
| Deferred Long Term Liab | 664K | 52K | 789K | 544K | 489.6K | 465.1K | |
| Long Term Investments | 30.1M | 208.6M | 109.1M | 37.3M | 30.4M | 28.9M | |
| Property Plant And Equipment Gross | 177.6M | 198.4M | 285.6M | 422.2M | 549.0M | 576.5M | |
| Total Current Assets | 505.8M | 1.1B | 1.1B | 1.0B | 721.2M | 726.2M | |
| Accumulated Other Comprehensive Income | (43.1M) | (20.2M) | (43.3M) | (62.8M) | (66.6M) | (63.3M) | |
| Short Term Debt | 29.5M | 29.1M | 34.7M | 31.6M | 759.2M | 797.1M | |
| Intangible Assets | 194.4M | 195.2M | 247.3M | 203.4M | 197.4M | 222.1M | |
| Property Plant Equipment | 177.6M | 46.4M | 52.2M | 88.3M | 101.6M | 56.3M | |
| Capital Surpluse | 650.0M | 803.6M | 564.8M | 643.0M | 578.7M | 553.0M | |
| Short Long Term Debt Total | 158.9M | 175.3M | 197.6M | 374.9M | 415.4M | 436.2M | |
| Long Term Debt | 22.5M | 818K | 539K | 22.1M | 19.9M | 17.6M | |
| Retained Earnings Total Equity | 377.5M | 600.1M | 922.2M | 1.0B | 1.2B | 1.2B | |
| Short Term Investments | 135.4M | 208.6M | 109.1M | 37.3M | 7.6M | 7.2M |
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Houlihan Lokey. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. For more detail on how to invest in Houlihan Stock please use our How to Invest in Houlihan Lokey guide.You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Is Investment Banking & Brokerage space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Houlihan Lokey. If investors know Houlihan will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Houlihan Lokey listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.384 | Dividend Share 2.24 | Earnings Share 4.88 | Revenue Per Share 32.632 | Quarterly Revenue Growth 0.231 |
The market value of Houlihan Lokey is measured differently than its book value, which is the value of Houlihan that is recorded on the company's balance sheet. Investors also form their own opinion of Houlihan Lokey's value that differs from its market value or its book value, called intrinsic value, which is Houlihan Lokey's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Houlihan Lokey's market value can be influenced by many factors that don't directly affect Houlihan Lokey's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Houlihan Lokey's value and its price as these two are different measures arrived at by different means. Investors typically determine if Houlihan Lokey is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Houlihan Lokey's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.