What is Hennessy Advisors's change in AP?

Hennessy Advisors (HNNA) reported change in AP of -$2.83M in Q4 2025.

How has Hennessy Advisors's change in AP changed year-over-year?

Hennessy Advisors's change in AP decreased by 40.4% year-over-year, from -$2.01M to -$2.83M.

What does change in AP mean?

Increase or decrease in amounts owed to suppliers — a key working capital component affecting operating cash flow.

Hennessy Advisors HNNA Change in AP

Change in AP at other companies

BlackrockBLK

$340M+305%

Silvercrest Asset Management GroupSAMG

-$856K-262%

Federated HermesFHI

-$103.15M-1.9%

Hamilton LaneHLNE

$630K+188%

APA

Artisan Partners Asset Management Inc.APAM

$93.27M+0.6%

Oppenheimer HoldingsOPY

$72.47M+670%

Other financials

Income statement

See full

Revenue$8.1M-12.3%

Operating income$1.6M-40.4%

Net income$1.9M-26.1%

EPS (diluted)$0.15-28.6%

Balance sheet

See full

Cash & equivalents$73.1M+8.1%

Total debt$516.0K-98.7%

Total equity$100.0M+5.1%

Total assets$160.5M+3.2%

Cash flow

See full

Operating cash flow$2.3M-38.3%

CapEx$66.0K-18.5%

Free cash flow$2.2M-38.8%

Valuation

See full

Market cap$80.21M-15.1%

Enterprise value$7.67M-89.9%

P/E9.6×0.0×

P/S2.4×-0.2×

Profitability

See full

Operating margin29.8%-4.3pp

Net margin25.4%-2.1pp

FCF margin31.6%-3.8pp

Returns & leverage

See full

Return on equity8.6%-2.0pp

Debt / equity0×-0.4×

Current ratio1.8×-16.0×

Where this comes from

Reported directly by Hennessy Advisors in its filing.

Tagged under the XBRL concept us-gaap:IncreaseDecreaseInAccountsPayableAndAccruedLiabilities.

The official record: Hennessy Advisors’s 10-Q, filed February 5, 2026, on SEC EDGAR. View the filing →

Ask your AI about Hennessy Advisors's change in ap.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Hennessy Advisors's change in AP?: Hennessy Advisors (HNNA) reported change in AP of -$2.83M in Q4 2025.
How has Hennessy Advisors's change in AP changed year-over-year?: Hennessy Advisors's change in AP decreased by 40.4% year-over-year, from -$2.01M to -$2.83M.
What does change in AP mean?: Increase or decrease in amounts owed to suppliers — a key working capital component affecting operating cash flow.