HNNA - NASDAQ

Hennessy Advisors, Inc.

HNNA·NASDAQ

$9.89

-0.050%

Financial ServicesAsset Management

Hennessy Advisors, Inc. is publicly owned investment manager. It provides its services to Hennessy Funds and investment companies. The firm launches and manages equity, fixed income, and balanced mutual funds. It invests in the public equity and fixed income markets across the globe. The firm primarily invests in growth stocks of companies. It conducts in-house research to make its investments. Hennessy Advisors, Inc. was founded in 1989 and is based in Novato, California with additional offices in Boston, Massachusetts and Chapel Hill, North Carolina.

Statements Value Model

At a Glance

Live Snapshot

Market Cap$78.19M

EPS1.2800

P/E Ratio7.73

Earnings Date08/06/2026

160.46M

Assets

3Y+12.0%

5Y+69.0%

10Y+88.0%

62.72M

Total Liabilities

3Y+9.0%

5Y+278.0%

10Y+31.0%

97.74M

Total Equity

3Y+13.0%

5Y+25.0%

10Y+53.0%

Hennessy Advisors, Inc. Funding & Solvency Profile

HNNA · NASDAQ

Current Assets

Cash & Cash Equivalents72.43M

Net Receivables3.27M

Inventory0.00

Other Current Assets0.00

Total Current Assets77 M

Non-Current Assets

Property, Plant & Equipment1.20M

Goodwill & Intangible Assets0.00

Long-Term Investments0.00

Other Non-Current Assets82.74M

Total Non-Current Assets84 M

Total Assets

160.46M

Financial Health Analysis

Current Ratio

12.72x

Excellent liquidity position. The company can easily cover its short-term obligations with substantial cushion.

Debt-to-Equity Ratio

0.64x

Balanced capital structure with moderate leverage. Equity exceeds debt, suggesting healthy financial stability.

Working Capital

71 M

Strong working capital position provides significant operational flexibility and financial cushion.

Asset Composition

48% Current

Balanced asset mix between current and non-current assets, typical of many stable businesses.

Financial Health Insight

Strong financial foundation: Excellent liquidity combined with conservative leverage suggests the company is well-positioned to weather economic uncertainties and fund growth opportunities.

Hennessy Advisors, Inc. Balance Sheet

HNNA • NASDAQ

Hennessy Advisors, Inc. Balance Sheet	Sep 2025	Sep 2024	Sep 2023	Sep 2022	Sep 2021	Sep 2020	Sep 2019	Sep 2018	Sep 2017	Sep 2016	Sep 2015	Sep 2014	Sep 2013	Sep 2012	Sep 2011	Sep 2010	Sep 2009	Sep 2008	Sep 2007	Sep 2006
ASSETS
CURRENT ASSETS
Cash and Cash Equivalents	72.4M	63.9M	60.5M	58.5M	15.8M	10M	24.7M	25.4M	15.7M	3.5M	3.1M	7.6M	8.4M	8.7M	8.4M	8.1M	5.7M	12.8M	13.8M	10.4M
Short-Term Investments	12K	11K	10K	9K	10K	9K	9K	9K	8K	8K	7K	7K	7K	6K	6K	624K	565K	675K	6K	5K
Cash & Short-Term Investments	72.4M	63.9M	60.5M	58.5M	15.8M	10M	24.7M	25.4M	15.7M	3.5M	3.1M	7.7M	8.4M	8.7M	8.4M	8.7M	6.3M	13.5M	13.8M	10.4M
Net Receivables	3.3M	3.5M	2.5M	2.4M	3.1M	2.8M	3.7M	4.7M	4.9M	4.2M	4.1M	3.1M	2.4M	643K	548K	0.0	0.0	0.0	1.2M	1.4M
Accounts Receivables	2.8M	3M	2M	2.1M	2.8M	2.4M	3.3M	4.3M	4.3M	4.2M	4.1M	3.1M	2.4M	643K	0.0	0.0	0.0	0.0	0.0	0.0
Other Receivables	508K	562K	500K	357K	277K	378K	392K	413K	584K	0.0	0.0	0.0	0.0	0.0	548K	619K	0.0	0.0	1.2M	1.4M
Inventory	0.0	0.0	0.0	0.0	-2.8M	0.0	-3.3M	0.0	0.0	1.8M	1.7M	943K	431K	356K	399K	0.0	0.0	0.0	468K	491K
Prepaids	797K	817K	669K	753K	788K	637K	633K	668K	1.6M	1.2M	1M	601K	269K	190K	236K	186K	665K	435K	165K	232K
Other Current Assets	0.0	0.0	0.0	0.0	2.8M	0.0	3.3M	0.0	0.0	1.2M	1.2M	786K	598K	180K	182K	140K	261K	242K	1.6M	275K
Total Current Assets	76.5M	68.3M	63.7M	61.7M	19.7M	13.4M	29M	30.7M	22.9M	10.1M	9.4M	12.2M	11.7M	9.7M	9.3M	9M	7.2M	14.1M	15.4M	12.3M
NON-CURRENT ASSETS
Property, Plant, and Equipment (Net)	1.2M	1.4M	600K	971K	1.3M	570K	361K	382K	254K	296K	319K	240K	258K	148K	136K	180K	222K	301K	337K	383K
Intangible Assets	0.0	82.3M	0.0	0.0	80.6M	0.0	80.6M	78.2M	74.6M	74.4M	62.7M	62.5M	62.4M	22.6M	22.3M	22.3M	22.2M	19.4M	404K	943K
Goodwill & Intangible Assets	0.0	82.3M	0.0	0.0	80.6M	0.0	80.6M	78.2M	74.6M	74.4M	62.7M	62.5M	62.4M	22.6M	22.3M	22.3M	22.2M	19.4M	404K	943K
Long-Term Investments	0.0	0.0	0.0	0.0	-80.6M	0.0	-80.6M	-78.2M	-74.6M	-74.4M	-62.7M	-62.5M	-62.4M	404K	323K	364K	366K	417K	19.4M	19.4M
Tax Assets	0.0	0.0	0.0	0.0	12.4M	0.0	10.3M	9M	669K	607K	683K	342K	162K	166K	163K	118K	241K	225K	303K	259K
Other Non-Current Assets	82.7M	183K	81.4M	81M	68.4M	80.8M	70.6M	69.4M	74.1M	74.3M	62.7M	62.6M	62.6M	-122K	-103K	-51K	-188K	-154K	-160K	-164K
Total Non-Current Assets	83.9M	83.8M	82M	82M	82.2M	81.4M	81.2M	78.7M	75M	75.2M	63.7M	63.1M	63.1M	23.2M	22.8M	22.9M	22.9M	20.2M	20.3M	20.8M
Total Assets	160.5M	152.1M	145.7M	143.7M	101.9M	94.8M	110.2M	109.5M	97.9M	85.4M	73.1M	75.3M	74.7M	32.9M	32.1M	31.9M	30.1M	34.3M	35.7M	33.1M
LIABILITIES
CURRENT LIABILITIES
Total Payables	661K	181K	748K	820K	1.1M	949K	1.4M	558K	676K	383K	1.1M	0.0	7.5M	48K	873K	1M	1.4M	1.2M	2.1M	2.2M
Accounts Payable	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	4.1M	0.0	2.4M	48K	873K	1M	1.4M	1.2M	2M	2.2M
Other Payables	661K	181K	748K	820K	1.1M	949K	3.7M	4.7M	4.9M	4.2M	0.0	0.0	0.0	0.0	0.0	18K	0.0	0.0	-2M	0.0
Accrued Expenses	0.0	1.5M	905K	1.3M	1.4M	1.2M	5.5M	7.1M	7.4M	6.6M	4.7M	3.5M	3.1M	1.1M	0.0	0.0	0.0	0.0	0.0	0.0
Short Term Debt	0.0	0.0	0.0	0.0	0.0	0.0	4.3M	4.2M	4.2M	4.2M	4.4M	3.8M	1.8M	625K	625K	573K	2M	2.1M	2.1M	2.1M
Capital Lease Obligations (Current)	365K	332K	279K	367K	359K	330K	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Tax Payables	661K	181K	748K	820K	1.1M	949K	672K	558K	676K	383K	1.1M	0.0	44K	48K	0.0	18K	0.0	0.0	68K	0.0
Deferred Revenue	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	202K	32K	0.0	0.0	0.0	48K	0.0	-1M	0.0	-1.2M	68K	0.0
Other Current Liabilities	5M	2.9M	2.3M	2.2M	2.7M	2.6M	116K	166K	202K	32K	94K	142K	32K	87K	24K	50K	0.0	0.0	-67K	0.0
Total Current Liabilities	6M	5M	4.2M	4.7M	5.6M	5.1M	11.4M	12M	12.5M	11.4M	10.3M	7.4M	12.5M	1.8M	1.5M	1.6M	3.4M	3.3M	4.2M	4.3M
NON-CURRENT LIABILITIES
Long Term Debt	39.8M	39.5M	39.2M	38.9M	0.0	0.0	13M	17.5M	21.7M	26M	30.6M	23M	15M	1.3M	1.9M	2.6M	0.0	4.4M	6.5M	8.6M
Deferred Revenue (Non-Current)	0.0	0.0	0.0	0.0	-12.4M	0.0	-10.3M	-9M	202K	32K	-9.1M	-7.5M	0.0	1.3M	0.0	24K	4K	26K	35K	0.0
Deferred Tax Liabilities (Non-Current)	16.6M	15.7M	14.6M	13.5M	12.4M	11.5M	10.3M	9M	12.2M	10.4M	9.1M	7.5M	5.8M	4.5M	3.8M	3.2M	2.6M	2M	1.6M	1.2M
Other Non-Current Liabilities	0.0	0.0	0.0	0.0	12.4M	0.0	0.0	0.0	-669K	0.0	0.0	0.0	11.6M	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Total Non-Current Liabilities	56.7M	55.8M	53.8M	52.6M	13.1M	11.5M	23.3M	26.5M	33.9M	36.7M	39.8M	30.5M	32.5M	5.8M	5.8M	5.8M	2.6M	6.5M	8.2M	9.8M
Capital Lease Obligations	695K	1M	279K	646K	1M	330K	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Total Liabilities	62.7M	60.8M	58M	57.4M	18.6M	16.6M	34.7M	38.5M	46.4M	48M	50M	37.9M	44.9M	7.7M	7.3M	7.4M	6M	9.8M	12.3M	14.2M
SHAREHOLDERS' EQUITY
Preferred Stock	0.0	0.0	0.0	0.0	0.0	0.0	57.9M	54.2M	36.6M	24.1M	0.0	0.0	0.0	108K	0.0	0.0	0.0	0.0	0.0	0.0
Common Stock	23.5M	22.6M	21.8M	21M	20M	18.7M	17.7M	16.8M	14.9M	13.3M	11.7M	10.9M	9.9M	9.6M	9.6M	9.5M	9.5M	9.1M	7.9M	7.6M
Additional Paid-In Capital	0.0	0.0	0.0	0.0	0.0	0.0	17.7M	16.8M	14.9M	13.3M	0.0	0.0	0.0	9.6M	9.6M	9.5M	9.5M	9.1M	8.9M	652K
Retained Earnings	74.3M	68.7M	66M	65.3M	63.3M	59.5M	57.9M	54.2M	36.6M	24.1M	11.4M	26.6M	19.8M	15.7M	15.5M	15.2M	14.8M	15.5M	14.4M	10.7M
Accumulated Other Comprehensive Income/Loss	0.0	0.0	0.0	0.0	0.0	0.0	-1.4M	-1.2M	-922K	-940K	-733K	-554.2K	0.0	-108K	-189K	-148K	-146K	-95K	0.0	0.0
Other Total Stockholders' Equity	0.0	0.0	0.0	0.0	0.0	0.0	-17.7M	-16.8M	-14.9M	-13.3M	0.0	0.0	0.0	-9.6M	-9.6M	-9.5M	-9.5M	-9.1M	0.0	0.0
Total Stockholders' Equity	97.7M	91.3M	87.8M	86.3M	83.3M	78.2M	75.5M	71M	51.5M	37.3M	23.1M	37.4M	29.8M	25.2M	24.8M	24.5M	24.1M	24.5M	23.4M	19M
Total Equity	97.7M	91.3M	87.8M	86.3M	83.3M	78.2M	75.5M	67.3M	61.8M	64M	23.1M	37.4M	29.8M	25.2M	24.8M	24.5M	24.1M	24.5M	23.4M	19M
Minority Interest	0.0	0.0	0.0	0.0	0.0	0.0	-7.3M	-3.7M	10.2M	26.6M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
SUMMARY
Total Liabilities & Equity	160.5M	152.1M	145.7M	143.7M	101.9M	94.8M	110.2M	109.5M	97.9M	85.4M	73.1M	75.3M	74.7M	32.9M	32.1M	31.9M	30.1M	34.3M	35.7M	33.1M
Total Investments	12K	11K	10K	9K	-80.6M	9K	9K	9K	8K	8K	7K	7K	7K	410K	329K	988K	931K	1.1M	19.4M	19.4M
Total Debt	40.5M	40.5M	39.4M	39.5M	1M	330K	17.4M	21.7M	26M	30.6M	35M	26.7M	16.9M	1.9M	2.6M	3.2M	2M	6.5M	8.6M	10.7M
Net Debt	-31.9M	-23.4M	-21M	-19M	-14.8M	-9.6M	-7.3M	-3.7M	10.3M	27.1M	31.9M	19.1M	8.5M	-6.8M	-5.8M	-4.9M	-3.8M	-6.3M	-5.2M	330K
Shares Outstanding	7,787,560	7,787,560	7,787,560	7,787,560	7,787,560	7,787,560	7,787,560	7,787,560	7,787,560	7,787,560	7,787,560	7,787,560	7,787,560	7,787,560	7,787,560	7,787,560	7,787,560	7,787,560	7,787,560	7,787,560

SEC Filings

HNNA - Filing history and reports

Filing Type	Filing Date	Period Ending	Fiscal Year	Actions
8-K 8-K 2026 N/A	May 28, 2026	May 28, 2026	2026	View Filing
10-Q 10-Q 2026 Q1 Q1	May 06, 2026	March 31, 2026	2026	View Filing
8-K 8-K 2026 N/A	May 06, 2026	May 06, 2026	2026	View Filing
8-K 8-K 2026 N/A	February 09, 2026	February 05, 2026	2026	View Filing
8-K 8-K 2026 N/A	February 05, 2026	February 05, 2026	2026	View Filing
10-Q 10-Q 2025 Q4 Q4	February 05, 2026	December 31, 2025	2025	View Filing
DEF 14A DEF 14A 2026 N/A	December 10, 2025	February 05, 2026	2026	View Filing
8-K 8-K 2025 N/A	December 03, 2025	December 03, 2025	2025	View Filing
10-K 10-K 2025 FY FY	December 03, 2025	September 30, 2025	2025	View Filing
8-K 8-K 2025 N/A	October 29, 2025	October 29, 2025	2025	View Filing

Showing 1 to 10 of 312 filings

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