Hamilton Lane Balance Sheet Health
Financial Health criteria checks 5/6
Hamilton Lane has a total shareholder equity of $624.1M and total debt of $209.9M, which brings its debt-to-equity ratio to 33.6%. Its total assets and total liabilities are $1.2B and $584.7M respectively. Hamilton Lane's EBIT is $211.2M making its interest coverage ratio 134.2. It has cash and short-term investments of $164.5M.
Key information
33.6%
Debt to equity ratio
US$209.88m
Debt
Interest coverage ratio | 134.2x |
Cash | US$164.45m |
Equity | US$624.11m |
Total liabilities | US$584.72m |
Total assets | US$1.21b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1M0's short term assets ($256.6M) exceed its short term liabilities ($101.6M).
Long Term Liabilities: 1M0's short term assets ($256.6M) do not cover its long term liabilities ($483.1M).
Debt to Equity History and Analysis
Debt Level: 1M0's net debt to equity ratio (7.3%) is considered satisfactory.
Reducing Debt: 1M0's debt to equity ratio has reduced from 41.5% to 33.6% over the past 5 years.
Debt Coverage: 1M0's debt is well covered by operating cash flow (53.5%).
Interest Coverage: 1M0's interest payments on its debt are well covered by EBIT (134.2x coverage).