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Hamilton Lane Inc (HLNE)
NASDAQ:HLNE
US Market
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Hamilton Lane (HLNE) Ratios

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Hamilton Lane Ratios

HLNE's free cash flow for Q2 2026 was $0.60. For the 2026 fiscal year, HLNE's free cash flow was decreased by $ and operating cash flow was $0.51. See a summary of the company’s cash flow.
Ratios
TTM
Dec 25Dec 24Dec 23Dec 22
Liquidity Ratios
Current Ratio
39.60 1.00 0.86 1.85 1.80
Quick Ratio
39.60 1.00 -0.02 1.85 1.80
Cash Ratio
39.60 0.46 0.53 0.32 0.39
Solvency Ratio
0.29 0.25 0.81 0.71 0.66
Operating Cash Flow Ratio
58.84 0.49 1.08 0.76 0.84
Short-Term Operating Cash Flow Coverage
0.00 0.00 0.00 0.00 0.00
Net Current Asset Value
$ -581.50M$ -348.11M$ -385.66M$ -144.65M$ -142.10M
Leverage Ratios
Debt-to-Assets Ratio
0.22 0.22 0.26 0.20 0.21
Debt-to-Equity Ratio
0.53 0.52 0.70 0.73 1.00
Debt-to-Capital Ratio
0.35 0.34 0.41 0.42 0.50
Long-Term Debt-to-Capital Ratio
0.26 0.27 0.32 0.33 0.38
Financial Leverage Ratio
2.40 2.42 2.75 3.73 4.77
Debt Service Coverage Ratio
35.50 22.06 22.29 55.54 85.60
Interest Coverage Ratio
41.86 22.28 29.15 68.69 95.52
Debt to Market Cap
0.04 0.05 0.07 0.06 0.05
Interest Debt Per Share
10.71 7.56 8.12 7.07 7.25
Net Debt to EBITDA
0.59 0.53 0.73 0.56 0.76
Profitability Margins
Gross Profit Margin
58.92%63.62%64.36%66.91%60.10%
EBIT Margin
51.90%52.87%47.51%86.52%57.28%
EBITDA Margin
45.51%54.35%46.81%88.01%58.36%
Operating Profit Margin
44.01%44.95%47.51%86.52%57.15%
Pretax Profit Margin
53.40%50.86%45.88%85.26%56.55%
Net Profit Margin
31.12%25.43%35.40%67.20%49.41%
Continuous Operations Profit Margin
45.21%41.02%35.40%67.20%49.41%
Net Income Per EBT
58.27%50.01%77.15%78.82%87.36%
EBT Per EBIT
121.33%113.14%96.57%98.54%98.95%
Return on Assets (ROA)
11.52%11.08%16.41%19.09%14.85%
Return on Equity (ROE)
30.92%26.82%45.06%71.28%70.88%
Return on Capital Employed (ROCE)
16.34%24.32%27.00%29.71%21.42%
Return on Invested Capital (ROIC)
93.10%19.61%20.83%23.42%18.71%
Return on Tangible Assets
11.52%11.21%16.79%19.57%15.06%
Earnings Yield
4.19%3.34%6.83%8.76%5.75%
Efficiency Ratios
Receivables Turnover
4.11 4.76 9.73 6.85 10.78
Payables Turnover
49.53 44.73 41.34 43.07 62.73
Inventory Turnover
0.00 0.00 1.02 121.76M 136.32M
Fixed Asset Turnover
12.49 5.80 5.83 3.89 3.90
Asset Turnover
0.37 0.44 0.46 0.28 0.30
Working Capital Turnover Ratio
3.43 -40.21 6.61 2.00 4.34
Cash Conversion Cycle
81.33 68.58 387.93 44.84 28.05
Days of Sales Outstanding
88.70 76.74 37.50 53.31 33.86
Days of Inventory Outstanding
0.00 0.00 359.26 <0.01 <0.01
Days of Payables Outstanding
7.37 8.16 8.83 8.47 5.82
Operating Cycle
88.70 76.74 396.76 53.31 33.86
Cash Flow Ratios
Operating Cash Flow Per Share
8.62 3.19 6.11 4.64 5.68
Free Cash Flow Per Share
8.40 2.90 5.99 4.41 5.08
CapEx Per Share
0.22 0.29 0.13 0.23 0.59
Free Cash Flow to Operating Cash Flow
0.97 0.91 0.98 0.95 0.90
Dividend Paid and CapEx Coverage Ratio
2.68 1.00 1.61 1.60 2.01
Capital Expenditure Coverage Ratio
39.41 10.91 47.73 19.88 9.58
Operating Cash Flow Coverage Ratio
0.82 0.44 0.78 0.67 0.79
Operating Cash Flow to Sales Ratio
0.49 0.22 0.43 0.46 0.55
Free Cash Flow Yield
4.89%2.61%8.09%5.71%5.74%
Valuation Ratios
Price-to-Earnings (P/E) Ratio
23.84 29.91 14.65 11.41 17.39
Price-to-Sales (P/S) Ratio
9.74 7.61 5.19 7.67 8.59
Price-to-Book (P/B) Ratio
6.58 8.02 6.60 8.14 12.33
Price-to-Free Cash Flow (P/FCF) Ratio
20.47 38.38 12.36 17.53 17.42
Price-to-Operating Cash Flow Ratio
15.20 34.86 12.10 16.65 15.60
Price-to-Earnings Growth (PEG) Ratio
3.79 1.36 -0.58 0.35 1.35
Price-to-Fair Value
6.58 8.02 6.60 8.14 12.33
Enterprise Value Multiple
21.98 14.53 11.81 9.28 15.48
Enterprise Value
7.33B 4.37B 2.92B 3.00B 3.09B
EV to EBITDA
21.98 14.53 11.81 9.28 15.48
EV to Sales
10.00 7.90 5.53 8.16 9.04
EV to Free Cash Flow
21.03 39.84 13.17 18.65 18.32
EV to Operating Cash Flow
20.50 36.19 12.90 17.72 16.41
Tangible Book Value Per Share
27.91 17.48 14.81 19.33 17.33
Shareholders’ Equity Per Share
19.90 13.87 11.21 9.50 7.18
Tax and Other Ratios
Effective Tax Rate
0.15 0.19 0.23 0.21 0.13
Revenue Per Share
17.67 14.63 14.27 10.08 10.31
Net Income Per Share
5.50 3.72 5.05 6.77 5.09
Tax Burden
0.58 0.50 0.77 0.79 0.87
Interest Burden
1.03 0.96 0.97 0.99 0.99
Research & Development to Revenue
0.00 0.00 <0.01 <0.01 <0.01
SG&A to Revenue
0.25 0.19 0.19 0.21 0.15
Stock-Based Compensation to Revenue
0.05 0.02 0.02 0.02 0.02
Income Quality
1.16 0.53 1.21 0.69 1.11
Currency in USD
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