Hennessy Advisors (HNNA) Debt to Equity (2010 - 2025)

Hennessy Advisors (HNNA) reported Debt to Equity of $0.41 for Q3 2025, down 5.79% on a YoY basis from $0.43 in Q3 2024, and down 1.0% quarter-over-quarter from $0.41 in Q2 2025.

Hennessy Advisors (HNNA) Debt to Equity (2010 - 2025) Analysis & Trends

Hennessy Advisors has reported Debt to Equity for 15 years, with the latest figure at $0.41 in Q3 2025.

  • For the quarter ending Q3 2025, Debt to Equity fell 5.79% year-over-year to $0.41; the trailing twelve-month figure through Sep 2025 stood at $0.41 (down 5.79% YoY), and the FY2025 full-year result was $0.41, down 5.79% from the prior year.
  • Debt to Equity for Q3 2025 stood at $0.41, down from $0.41 in the prior quarter.
  • The five-year high for Debt to Equity was $0.46 in Q4 2021, with the low at $0.41 in Q3 2025.
  • Historically, Debt to Equity has averaged $0.44 across 5 years, with a median of $0.45 in 2023.
  • Annual changes were most pronounced in 2023 — Debt to Equity declined 0.91% — and 2025, when it retreated 5.84%.
  • Hennessy Advisors' Debt to Equity stood at $0.46 in 2021, then fell by 1.76% to $0.45 in 2022, then fell by 0.96% to $0.45 in 2023, then fell by 4.84% to $0.42 in 2024, then dropped by 3.84% to $0.41 in 2025.
  • The last three Debt to Equity figures came in at $0.41 (Q3 2025), $0.41 (Q2 2025), and $0.42 (Q1 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 BlackRock 163.18 Bn 153.56 Bn - 0.14
2 Blackstone 96.85 Bn 95.80 Bn - 1.59
3 Kkr 86.45 Bn 133.96 Bn - -
4 Apollo Global Management 82.30 Bn 101.04 Bn 5.04 Bn -
5 State Street 46.95 Bn 21.27 Bn - -
6 Ameriprise Financial 43.65 Bn 43.52 Bn 4.57 Bn 0.03
7 Northern Trust 31.92 Bn 31.92 Bn - 0.60
8 Raymond James Financial 30.62 Bn 19.37 Bn - 0.28
9 Ares Management 29.04 Bn 32.41 Bn - -
10 Hennessy Advisors 79.52 Mn 8.48 Mn - -

Historic Data

Download Data
DateValue
Sep 30, 2025 0.41
Jun 30, 2025 0.41
Mar 31, 2025 0.42
Dec 31, 2024 0.42
Sep 30, 2024 0.43
Jun 30, 2024 0.44
Mar 31, 2024 0.44
Dec 31, 2023 0.45
Sep 30, 2023 0.45
Jun 30, 2023 0.45
Mar 31, 2023 0.45
Dec 31, 2022 0.45
Sep 30, 2022 0.45
Jun 30, 2022 0.45
Mar 31, 2022 0.45
Dec 31, 2021 0.46
Dec 31, 2019 0.21
Sep 30, 2019 0.23
Jun 30, 2019 0.25
Mar 31, 2019 0.26