Hennessy Advisors Stock

Hennessy Advisors Debt 2024

Hennessy Advisors Debt

-21.31 USD

Ticker

HNNA

ISIN

US4258851009

WKN

A0LEEJ

In 2024, Hennessy Advisors's total debt was -21.31 USD, a 8.73% change from the -19.6 USD total debt recorded in the previous year.

Hennessy Advisors Aktienanalyse

What does Hennessy Advisors do?

Hennessy Advisors Inc is a US investment company that has been operating as an independent asset manager since its founding in 1989. The company is based in Novato, California and is listed on the NASDAQ stock exchange under the ticker symbol "HNNA". It was founded by Neil J. Hennessy and initially operated as a distributor for other investment funds. In 1996, Hennessy obtained permission to establish its own investment funds, and the company has since expanded its offerings and become a diversified asset manager. Hennessy Advisors aims to create long-term wealth growth for its clients and offers a wide range of actively managed investment funds for institutional and private investors. The company emphasizes a low-risk investment strategy and focuses on companies with high potential for growth, cash flow, and return on capital. The company operates in four divisions: Equity Funds, Fixed Income Funds, Institutional Accounts, and Series Trust. Equity Funds: Hennessy Advisors' equity funds invest in US companies with market capitalizations under $7 billion. The funds focus on themes such as hydrogen technologies, innovations in the automotive and energy sectors, and growth companies in the IT sector. Fixed Income Funds: Hennessy Advisors' fixed income funds invest in fixed-income securities such as bonds or other debt securities from both private and government sectors. The investment strategies aim to generate returns without significantly increasing price risk. Institutional Accounts: In its Institutional division, Hennessy Advisors offers various investment strategies on a separate account basis, focusing on sector-specific or country-specific investments. The company serves institutional clients such as pension funds, foundations, and endowment funds in this area. Series Trust: Hennessy Advisors' Series Trust division comprises a group of investment funds created directly by Hennessy Advisors through various subsidiaries. The funds can be sold by other financial service providers and benefit from the infrastructure provided by Hennessy Advisors. The company offers various investment funds within the mentioned divisions, such as Hennessy Cornerstone Growth Fund, Hennessy Japan Small Cap Fund, Hennessy Large Cap Financial Fund, Hennessy Small Cap Financial Fund, Hennessy Focus Fund, Hennessy Gas Utility Fund, Hennessy Gas Utility Index Fund, Hennessy Total Return Fund, Hennessy Equity and Income Fund, Hennessy RMF Dividend Income Fund, Hennessy SCOTTISH REIT, Hennessy Funds Trust. In conclusion, Hennessy Advisors is an independent asset manager that focuses on a low-risk investment strategy. Since its founding, the company has continuously evolved and now offers various investment strategies and products. Its longstanding goal is to provide long-term value appreciation through offering the best selection of investment funds. Hennessy Advisors ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Debt Details

Understanding Hennessy Advisors's Debt Structure

Hennessy Advisors's total debt refers to the cumulative financial obligations the company owes to external parties. This can include short-term and long-term borrowings, bonds, loans, and other financial instruments. Assessing the company's debt levels is crucial for evaluating its financial health, risk profile, and ability to fund operations and expansions.

Year-to-Year Comparison

Analyzing Hennessy Advisors's debt structure over the years provides insights into the firm’s financial strategy and stability. A reduction in debt can indicate financial strength and operational efficiency, while an increase may signal growth investments or potential financial challenges ahead.

Impact on Investments

Investors pay close attention to Hennessy Advisors’s debt levels as they can influence the company’s risk and return profiles. Excessive debt can lead to financial strain, while moderate and well-managed debt can be a catalyst for growth and expansion, making it a critical aspect of investment evaluations.

Interpreting Debt Fluctuations

Shifts in Hennessy Advisors’s debt levels can be attributed to various operational and strategic factors. An increase in debt might be geared towards funding expansion projects or enhancing operational capacity, while a decrease may indicate profit realizations or an approach to minimize financial risk and leverage.

Frequently Asked Questions about Hennessy Advisors stock

What is the debt of Hennessy Advisors this year?

Hennessy Advisors has a debt level of -21.31 USD this year.

What was the debt of Hennessy Advisors compared to the previous year?

The debt of Hennessy Advisors has increased by 8.73% compared to the previous year increased.

What are the consequences of high debt for investors in Hennessy Advisors?

High debt can pose a risk for investors of Hennessy Advisors, as it can weaken the company's financial position and hinder its ability to fulfill its obligations.

What are the consequences of low debt for investors of Hennessy Advisors?

Low debt means that Hennessy Advisors has a strong financial position and is able to fulfill its obligations without overburdening its finances.

How does an increase in debt from Hennessy Advisors affect the company?

An increase in debt of Hennessy Advisors can adversely affect the financial condition of the company and result in a higher burden on its finances.

How does a reduction of debt of Hennessy Advisors affect the company?

A reduction in debt of Hennessy Advisors can strengthen the company's financial position and improve its ability to meet its financial obligations.

What are some factors that influence the debt of Hennessy Advisors?

Some factors that can influence the debt of Hennessy Advisors include investments, acquisitions, operating costs, and revenue development.

Why are the debts of Hennessy Advisors so important for investors?

The debts of Hennessy Advisors are important for investors as they serve as an indicator of the company's financial stability. It provides investors with information on how the company fulfills its financial obligations.

What strategic measures can Hennessy Advisors take to change the debt?

To change the debt, Hennessy Advisors can take measures such as cost savings, increasing revenue, selling assets, making investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to change its debt.

How much dividend does Hennessy Advisors pay?

Over the past 12 months, Hennessy Advisors paid a dividend of 0.69 USD . This corresponds to a dividend yield of about 7.01 %. For the coming 12 months, Hennessy Advisors is expected to pay a dividend of 0.71 USD.

What is the dividend yield of Hennessy Advisors?

The current dividend yield of Hennessy Advisors is 7.01 %.

When does Hennessy Advisors pay dividends?

Hennessy Advisors pays a quarterly dividend. This is distributed in the months of December, March, June, September.

How secure is the dividend of Hennessy Advisors?

Hennessy Advisors paid dividends every year for the past 19 years.

What is the dividend of Hennessy Advisors?

For the upcoming 12 months, dividends amounting to 0.71 USD are expected. This corresponds to a dividend yield of 7.19 %.

In which sector is Hennessy Advisors located?

Hennessy Advisors is assigned to the 'Finance' sector.

Wann musste ich die Aktien von Hennessy Advisors kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Hennessy Advisors from 9/5/2024 amounting to 0.138 USD, you needed to have the stock in your portfolio before the ex-date on 8/22/2024.

When did Hennessy Advisors pay the last dividend?

The last dividend was paid out on 9/5/2024.

What was the dividend of Hennessy Advisors in the year 2023?

In the year 2023, Hennessy Advisors distributed 0.55 USD as dividends.

In which currency does Hennessy Advisors pay out the dividend?

The dividends of Hennessy Advisors are distributed in USD.

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Andere Kennzahlen von Hennessy Advisors

Our stock analysis for Hennessy Advisors Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Hennessy Advisors Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.