Dilution profile // every instrument, one screen, from SEC filings

HOULIHAN LOKEY, INC. (HLI)

CIK 1302215 · all EDGAR filings →

Overall dilution risk
HIGHworst of 2 computed signals (offering ability)
= the worst band among the computed sub-ratings, no hidden weighting
not every sub-rating was computable; treat as a floor
Offering ability
HIGHS-3ASR on file 2026-08-10
= is there a registration (S-1/S-3 family) on file without a later withdrawal
no structured fee data on the live registrations, so this is a yes/no, not a size
Overhead supply
NOT COMPUTEDno warrant count tagged in XBRL
= warrant shares outstanding divided by current shares outstanding
absence of a tag is not proof of absence of warrants
Historical dilution
NOT COMPUTEDunder 3 years of share history on file
= share count now vs 3 years ago
Cash need
LOWoperating cash flow positive
= cash vs trailing operating burn (bands: 6mo / 24mo; positive operating CF = low)

Same rating bands the category standard uses, but free, with the formula on the chip and the gaps in the data said out loud.

Shares outstanding over time

Fewer than two cover-page share counts on file, so there is no history to chart.

Cash runway

Self-funding

profitable · generates cash

Full breakdown: cash runway tool · source filing →

Warrants

No warrant figures tagged in this filer’s XBRL facts. That means the company has not reported them in structured form; it does not prove no warrants exist. The exhibits are the ground truth.

Convertible notes

No convertible-note facts tagged in the 10-Q filed Jul 31, 2026. If convertible notes exist, their terms live in exhibit prose for this filer and are not parsed; absence of a tag is not proof of absence. The exhibits are the ground truth.

Registrations and offerings

S-3ASRAug 10, 2026fee exhibit found but no total offering amount (fees deferred, typical for automatic shelves)filing →

Last 12 months: 0 executed · 1 registered.

REGISTEREDAug 10, 2026Automatic shelf registration — effective immediately (large filers)S-3ASR
UPDATEFeb 25, 2026Resale prospectus — existing holders registering to sell424B7
UPDATEDec 9, 2024Resale prospectus — existing holders registering to sell424B7
EXECUTEDDec 9, 2024Unregistered share sale disclosed (8-K item 3.02)8-K
UPDATENov 12, 2024Resale prospectus — existing holders registering to sell424B7
EXECUTEDAug 9, 2024Unregistered share sale disclosed (8-K item 3.02)8-K
UPDATEApr 30, 2024Resale prospectus — existing holders registering to sell424B7
UPDATEDec 20, 2023Resale prospectus — existing holders registering to sell424B7
REGISTEREDAug 11, 2023Automatic shelf registration — effective immediately (large filers)S-3ASR
REGISTEREDAug 28, 2020Automatic shelf registration — effective immediately (large filers)S-3ASR
UPDATEAug 28, 2020Resale prospectus — existing holders registering to sell424B7
EXECUTEDJun 25, 2020Unregistered share sale disclosed (8-K item 3.02)8-K

Full history and shelf status: offering checker · S-3 shelf checker

Source: SEC EDGAR XBRL company facts and filing metadata, fetched live and cached briefly. Share counts are cover-page figures with their form named. Warrant tranches and convertible notes come from the dimensioned facts in the latest 10-Q/10-K instance document, exactly as the company tagged them; untagged tranches and notes are absent, not disproven. Nothing on this page is manually verified and nothing is behind a login: what free data supports is shown, what it cannot support is stated. Not investment advice.

Keep going: float checker · offering calendar · short-squeeze screener · full HLI workspace