Hennessy Financials

HNNA Stock  USD 10.46  0.02  0.19%   
Based on the key measurements obtained from Hennessy's financial statements, Hennessy Ad may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. At present, Hennessy's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Short and Long Term Debt Total is expected to grow to about 48.9 M, whereas Other Current Liabilities is forecasted to decline to about 3.3 M. Key indicators impacting Hennessy's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.170.22
Significantly Down
Pretty Stable
Return On Assets0.06840.042
Way Up
Pretty Stable
Return On Equity0.08490.0894
Notably Down
Slightly volatile
Debt Equity Ratio0.870.51
Way Up
Slightly volatile
Operating Income9.9 M10.2 M
Sufficiently Down
Very volatile
Current Ratio13.0212.4
Sufficiently Up
Slightly volatile
The financial analysis of Hennessy is a critical element in measuring its lifeblood. Investors should not minimize Hennessy's ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.

Net Income

6.38 Million

  
Understanding current and past Hennessy Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Hennessy's financial statements are interrelated, with each one affecting the others. For example, an increase in Hennessy's assets may result in an increase in income on the income statement.
Please note, the presentation of Hennessy's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Hennessy's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Hennessy's management manipulating its earnings.

Hennessy Stock Summary

Hennessy competes with MFS Investment, Eaton Vance, Nuveen California, Federated Premier, and Blackrock Muniholdings. Hennessy Advisors, Inc. is publicly owned investment manager. Hennessy Advisors, Inc. was founded in 1989 and is based in Novato, California with additional offices in Boston, Massachusetts and Chapel Hill, North Carolina. Hennessy Advisors operates under Asset Management classification in the United States and is traded on NASDAQ Exchange. It employs 18 people.
Specialization
Financial Services, Financial Services
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS4258851009
CUSIP425885100
LocationCalifornia; U.S.A
Business Address7250 Redwood Boulevard,
SectorCapital Markets
IndustryFinancials
BenchmarkDow Jones Industrial
Websitewww.hennessyadvisors.com
Phone415 899 1555
CurrencyUSD - US Dollar

Hennessy Key Financial Ratios

Hennessy Key Balance Sheet Accounts

202020212022202320242025 (projected)
Total Assets101.9M143.7M145.7M152.1M174.9M183.7M
Other Current Liab3.8M3.2M3.2M4.4M5.1M3.3M
Net Debt(14.8M)(19.0M)(21.0M)(23.4M)(21.1M)(20.0M)
Retained Earnings63.3M65.3M66.0M68.7M79.0M83.0M
Cash15.8M58.5M60.5M63.9M73.5M77.2M
Other Assets192K81.1M235K156K179.4K170.4K
Net Receivables3.1M2.2M2.5M562K646.3K614.0K
Total Liab18.6M57.4M58.0M60.8M69.9M73.4M
Total Current Assets19.7M61.7M63.7M68.3M78.5M82.4M
Common Stock20.0M21.0M21.8M22.6M26.0M13.3M
Inventory(2.4M)(2.8M)(2.1M)(2.0M)(1.8M)(1.7M)
Other Current Assets788K753K669K3.8M4.3M4.6M
Short Term Debt718K734K279K332K298.8K283.9K
Other Liab10.3M11.5M12.4M13.5M15.5M8.4M
Net Tangible Assets(5.1M)(2.5M)2.6M5.4M6.2M6.6M

Hennessy Key Income Statement Accounts

202020212022202320242025 (projected)
Total Revenue32.8M29.7M24.0M29.6M34.1M25.5M
Gross Profit23.7M21.3M12.0M20.6M23.7M19.0M
Operating Income10.9M9.8M6.3M8.9M10.2M9.9M
Ebit(10.8M)(9.8M)6.3M12.0M13.8M7.2M
Ebitda11.1M10.0M6.6M12.2M14.1M10.4M
Income Before Tax10.9M7.9M6.6M9.7M11.2M9.4M
Net Income7.9M6.2M4.8M7.1M8.2M6.4M
Income Tax Expense3.0M1.8M1.8M2.6M3.0M3.0M
Cost Of Revenue9.1M8.3M12.0M9.1M10.4M7.8M
Tax Provision3.0M1.8M1.8M2.6M2.3M3.5M
Net Interest Income0.0(2.1M)266K837K962.6K1.0M

Hennessy Key Cash Accounts

202020212022202320242025 (projected)
Change In Cash5.9M42.7M2.0M3.4M4.0M2.9M
Free Cash Flow10.1M8.4M6.9M9.0M10.3M7.9M
Depreciation232K207K230K244K219.6K198.9K
Other Non Cash Items(71K)264K282K(105K)(94.5K)(89.8K)
Capital Expenditures249K216K215K313K360.0K312.4K
Net Income7.9M6.2M4.8M7.1M8.2M6.4M
End Period Cash Flow15.8M58.5M60.5M63.9M73.5M77.2M
Change To Inventory169K1.7M(338K)(276K)(317.4K)(301.5K)
Dividends Paid4.0M4.0M4.1M(8K)(9.2K)(8.7K)
Change To Netincome3.5M3.0M2.3M2.3M2.6M1.9M
Net Borrowings(4.5M)(17.5M)39.0M38.6M44.4M46.6M
Investments(249K)(231K)(819K)(1.3M)(1.5M)(1.6M)

Hennessy Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Hennessy's current stock value. Our valuation model uses many indicators to compare Hennessy value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Hennessy competition to find correlations between indicators driving Hennessy's intrinsic value. More Info.
Hennessy Ad is rated # 5 in return on equity category among its peers. It is one of the top stocks in return on asset category among its peers reporting about  0.49  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Hennessy Ad is roughly  2.04 . At present, Hennessy's Return On Equity is projected to slightly decrease based on the last few years of reporting. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Hennessy's earnings, one of the primary drivers of an investment's value.

Hennessy Ad Systematic Risk

Hennessy's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Hennessy volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on Hennessy Ad correlated with the market. If Beta is less than 0 Hennessy generally moves in the opposite direction as compared to the market. If Hennessy Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Hennessy Ad is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Hennessy is generally in the same direction as the market. If Beta > 1 Hennessy moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Hennessy Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Hennessy's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Hennessy growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.22

At present, Hennessy's Price Earnings To Growth Ratio is projected to increase slightly based on the last few years of reporting.

Hennessy March 19, 2025 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Hennessy help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Hennessy Ad. We use our internally-developed statistical techniques to arrive at the intrinsic value of Hennessy Ad based on widely used predictive technical indicators. In general, we focus on analyzing Hennessy Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Hennessy's daily price indicators and compare them against related drivers.

Complementary Tools for Hennessy Stock analysis

When running Hennessy's price analysis, check to measure Hennessy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hennessy is operating at the current time. Most of Hennessy's value examination focuses on studying past and present price action to predict the probability of Hennessy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hennessy's price. Additionally, you may evaluate how the addition of Hennessy to your portfolios can decrease your overall portfolio volatility.
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