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Cash from financing is the cash generated/spent from financial activities such as share issuance (buy back), debt issuance (repayment), and dividends paid to preferred and common stockholders.
For the
three
months ended in Jun. 2026,
Hennessy Advisors received€0.00 Mil more from issuing new shares than it paid to buy back shares.
It received€0.00 Mil from issuing more debt.
It paid€0.00 Mil more to buy back preferred shares than it received from issuing preferred shares.
It spent€1.01 Mil paying cash dividends to shareholders.
It spent€34.94 Mil on other financial activities.
In all, Hennessy Advisorsspent€35.95 Mil on financial activities for the
three
months ended in Jun. 2026.
Hennessy Advisors (FRA:Z3A) Cash Flow from Financing Explanation
Cash from financing contains six items:
1. Issuance of Stock:
A company may raise cash from issuing new shares. Issuance of stock represents the cash inflow from offering common stock, which is the additional capital contribution to the entity during the period.
Hennessy Advisors's issuance of stock for the
three
months ended in Jun. 2026 was €0.00 Mil.
2. Repurchase of Stock:
A company may raise cash from issuing new shares. It can also use cash to buy back shares. Repurchase of stock represents the cash outflow to reacquire common stock during the period.
Hennessy Advisors's repurchase of stock for the
three
months ended in Jun. 2026 was €0.00 Mil.
3. Net Issuance of Debt:
Net issuance of debt is the cash a company received or spent through debt related activities such as debt issuance or debt repayment. If a company pays down its debt during the period, this number will be negative. If a company issued more debt, it receives cash and this number is positive.
Hennessy Advisors's net issuance of debt for the
three
months ended in Jun. 2026 was €0.00 Mil.
Hennessy Advisors received€0.00 Mil from issuing more debt.
4. Net Issuance of Preferred Stock:
A company may raise cash from issuing new preferred shares. It can also use cash to buy back preferred shares. If this number is positive, it means that the company has received more cash from issuing preferred shares than it has paid to buy back preferred shares. If this number is negative, it means that company has paid more cash to buy back preferred shares than it has received for issuing preferred shares.
Hennessy Advisors's net issuance of preferred for the
three
months ended in Jun. 2026 was €0.00 Mil.
Hennessy Advisors paid€0.00 Mil more to buy back preferred shares than it received from issuing preferred shares.
5. Cash Flow for Dividends:
Cash flow for dividends refers to the payment of cash to shareholders as dividends when the company generates income.
Hennessy Advisors's cash flow for dividends for the
three
months ended in Jun. 2026 was €-1.01 Mil.
Hennessy Advisors spent€1.01 Mil paying cash dividends to shareholders.
6. Other Financing:
Money spent or earned by company from other financial activities.
Hennessy Advisors's other financing for the
three
months ended in Jun. 2026 was €-34.94 Mil.
Hennessy Advisors spent€34.94 Mil on other financial activities.
Hennessy Advisors Cash Flow from Financing Related Terms
Hennessy Advisors Cash Flow from Financing Historical Data
* Premium members only.
The historical data trend for Hennessy Advisors's Cash Flow from Financing can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Hennessy Advisors Cash Flow from Financing Calculation
This is the cash generated/spent from financial activities such as share issuance (buy back), debt issuance (repayment), and dividends paid to preferred and common stockholders. In the calculation of free cash flow, cash from financing is not calculated because it is not related to operating activities.
Hennessy Advisors's Cash from Financing for the fiscal year that ended in Sep. 2025 is calculated as:
Cash Flow from Financing for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €-39.14 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
What does a Cash Flow from Financing of €-39.14 Mil mean?
Hennessy Advisors (FRA:Z3A) has a Cash Flow from Financing of €-39.14 Mil as of Jun. 2026. Cash Flow from Financing is the amount of cash earned or paid from financing operations. View historical data for Hennessy Advisors and its competitors.
Is Hennessy Advisors' Cash Flow from Financing too high?
Hennessy Advisors' current Cash Flow from Financing is €-39.14 Mil. Overall, Hennessy Advisors has a GF Score™ of 56/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hennessy Advisors' Cash Flow from Financing compare to NMS and GDO?
Hennessy Advisors' Cash Flow from Financing of €-39.14 Mil can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash Flow from Financing for an Asset Management company?
A good Cash Flow from Financing depends on the Asset Management industry context. However, Cash Flow from Financing should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash Flow from Financing mean?
A high Cash Flow from Financing can signal that a stock is expensive relative to its fundamentals. Cash Flow from Financing is the amount of cash earned or paid from financing operations. View historical data for Hennessy Advisors and its competitors. Hennessy Advisors's current Cash Flow from Financing is €-39.14 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hennessy Advisors stock overvalued right now?
Based on GuruFocus' analysis, Hennessy Advisors (FRA:Z3A) is currently considered Fairly Valued. The stock's GF Value™ is €7.81, compared to a current price of €8.00 — trading 2.4% above its estimated fair value. The current Cash Flow from Financing is €-39.14 Mil. Hennessy Advisors' overall GF Score™ is 56/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash Flow from Financing calculated?
Cash Flow from Financing is calculated from a company's financial statements. For Hennessy Advisors (FRA:Z3A), the current Cash Flow from Financing is €-39.14 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Hennessy Advisors (FRA:Z3A) Overvalued in 2026?
Based on GuruFocus' analysis, Hennessy Advisors stock appears to be overvalued.
The current stock price of €8.00 is trading 2.4% above its estimated GF Value™ of €7.81.
GuruFocus considers Hennessy Advisors to be Fairly Valued.
Key valuation signals for FRA:Z3A:
Cash Flow from Financing: €-39.14 Mil
GF Value™: €7.81 vs. price of €8.00 (2.4% above fair value)
No single metric tells the full story. See the FRA:Z3A stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hennessy Advisors Inc is an investment management company that manages and markets open-end mutual funds branded as the Hennessy Funds. It offers domestic equity, multi-asset sectors, specialty products, and fixed income products. The company earns revenues mainly from investment advisory services and secondarily from shareholder services. Advisory services include managing each fund's portfolio in line with its investment objectives, monitoring compliance and performance, overseeing sub-advisors and other service providers, and handling marketing, distribution, and regulatory reporting. Shareholder services cover investor support and coordination with the fund service provider, with all related fees based on the funds' average daily net asset values.
56GF Score
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