Balance Sheet Data
Hennessy Advisors, Inc. (HNNA)
$6.66
-0.08 (0.00%)
Year A/P | 2018 Actual | 2019 Actual | 2020 Actual | 2021 Actual | 2022 Actual | 2023 Projected | 2024 Projected | 2025 Projected | 2026 Projected | 2027 Projected |
| Total Cash | 25.40 | 24.70 | 9.96 | 15.85 | 58.50 | 19.44 | 16.77 | 14.47 | 12.48 | 10.77 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Cash (%) | ||||||||||
| Account Receivables | 4.67 | 3.68 | 2.78 | 3.07 | 2.31 | 2.18 | 1.88 | 1.63 | 1.40 | 1.21 |
| Account Receivables (%) | ||||||||||
| Inventories | - | -3.29 | -2.40 | -2.79 | -2.05 | -1.94 | -1.68 | -1.45 | -1.25 | -1.08 |
| Inventories (%) | ||||||||||
| Accounts Payable | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable (%) | ||||||||||
| Capital Expenditure | -0.36 | -0.20 | -0.17 | -0.25 | -0.22 | -0.16 | -0.14 | -0.12 | -0.10 | -0.09 |
| Capital Expenditure (%) |
To support growth, companies need to keep investing in capital items – including property, plants and equipment.
To calculate this net investment,we take capital expenditure (found in the company’s statement of cash flows)
and subtract non-cash depreciation (found on the income statement).
Working capital refers to the cash a company needs for day-to-day operations.
The faster a company expands, the more cash it will need.
To calculate working capital, we take current assets and subtract current liabilities.
You can find both of these on a company’s balance sheet, which is published in its quarterly and annual financial statements.