Hennessy Advisors Stock

Hennessy Advisors Equity 2024

Hennessy Advisors Equity

87.75 M USD

Ticker

HNNA

ISIN

US4258851009

WKN

A0LEEJ

In 2024, Hennessy Advisors's equity was 87.75 M USD, a 1.68% increase from the 86.3 M USD equity 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.

Equity Details

Analyzing Hennessy Advisors's Equity

Hennessy Advisors's equity represents the ownership interest in the company, calculated as the difference between total assets and total liabilities. It reflects the residual claim by shareholders on the company’s assets after all debts have been paid. Understanding Hennessy Advisors's equity is essential for assessing its financial health, stability, and value to shareholders.

Year-to-Year Comparison

Evaluating Hennessy Advisors's equity over successive years offers insights into the company's growth, profitability, and capital structure. Increasing equity indicates an enhancement in net assets and financial health, while decreasing equity could point to rising debts or operational challenges.

Impact on Investments

Hennessy Advisors's equity is a crucial element for investors, influencing the company's leverage, risk profile, and return on equity (ROE). Higher equity levels generally suggest lower risk and enhanced financial stability, making the company a potentially attractive investment opportunity.

Interpreting Equity Fluctuations

Fluctuations in Hennessy Advisors’s equity can arise from various factors, including changes in net income, dividend payments, and issuance or buyback of shares. Investors analyze these shifts to gauge the company's financial performance, operational efficiency, and strategic financial management.

Frequently Asked Questions about Hennessy Advisors stock

What is the equity of Hennessy Advisors this year?

Hennessy Advisors has equity of 87.75 M USD this year.

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

The equity of Hennessy Advisors has increased/decreased by 1.68% increased compared to the previous year.

What impact does a high equity have on investors of Hennessy Advisors?

A high equity is advantageous for investors of Hennessy Advisors as it is an indicator of the company's financial stability and its ability to manage risks and challenges.

What impact does low equity have on investors of Hennessy Advisors?

A low equity can be a risk for investors of Hennessy Advisors, as it can put the company in a weaker financial position and impair its ability to manage risks and challenges.

How does an increase in equity of Hennessy Advisors affect the company?

An increase in equity of Hennessy Advisors can strengthen the company's financial position and improve its ability to make investments in the future.

How does a reduction in the equity of Hennessy Advisors affect the company?

A reduction in equity of Hennessy Advisors can affect the financial situation of the company and lead to a higher dependence on debt capital.

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

Some factors that can affect the equity of Hennessy Advisors include profits, dividend payments, capital increases, and acquisitions.

Why is the equity of Hennessy Advisors so important for investors?

The equity of Hennessy Advisors is important for investors as it is an indicator of the financial strength of the company and can be an indication of how well the company is able to fulfill its financial obligations.

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

To change equity, Hennessy Advisors can take various measures such as increasing profits, conducting capital increases, reducing expenses, and acquiring companies. It is important for the company to perform a thorough review of its financial situation to determine the best strategic actions to modify its equity.

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 6.71 %. 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 6.71 %.

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 6.89 %.

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.