What does contributions from noncontrolling interests mean?

Cash contributions received from minority interest holders in partially owned subsidiaries, increasing their investment.

StepStone Group Inc. STEP Contributions from noncontrolling interests

Hamilton LaneHLNE

$14K+1,300%

Federated HermesFHI

$1.46M-91.0%

LazardLAZ

$151K+51.0%

Revenue$588.6M+55.8%

Net income-$7.8M+57.9%

EPS (diluted)-$0.06+70.0%

Cash & equivalents$378.0M+35.2%

Total debt$103.6M-72.9%

Total equity-$413.6M-331%

Total assets$6.8B+47.4%

Operating cash flow$27.2M-1.5%

CapEx$762.0K-71.4%

Free cash flow$26.7M-1.1%

Market cap$3.51B-3.5%

Net margin-26.9%+84.4pp

FCF margin11.8%—

Return on equity-88.8%-97.7pp

Debt / equity2.5×+1.7×

Reported directly by StepStone Group Inc. in its filing.

Tagged under the XBRL concept us-gaap:ProceedsFromMinorityShareholders.

The official record: StepStone Group Inc.’s 10-Q, filed August 7, 2023, on SEC EDGAR. View the filing →

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What is StepStone Group Inc.'s contributions from noncontrolling interests?: StepStone Group Inc. (STEP) reported contributions from noncontrolling interests of $15.54M in Q2 2023.
What does contributions from noncontrolling interests mean?: Cash contributions received from minority interest holders in partially owned subsidiaries, increasing their investment.