Hennessy Advisors Inc
NASDAQ:HNNA
Cash Flow Statement
Cash Flow Statement
Hennessy Advisors Inc
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Cash Flow | ||||||||||||||||||||||||||||||||||||||||||
Net Income |
6
|
6
|
7
|
8
|
8
|
9
|
10
|
11
|
13
|
14
|
14
|
14
|
15
|
15
|
15
|
15
|
19
|
20
|
20
|
21
|
16
|
14
|
12
|
11
|
11
|
10
|
9
|
8
|
7
|
7
|
7
|
8
|
8
|
8
|
7
|
6
|
5
|
5
|
5
|
5
|
5
|
|
Depreciation & Amortization |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Change in Deffered Taxes |
1
|
2
|
1
|
1
|
2
|
0
|
1
|
1
|
2
|
3
|
2
|
1
|
1
|
1
|
1
|
2
|
(3)
|
(3)
|
(3)
|
(3)
|
2
|
2
|
2
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
|
Other Non-Cash Items |
0
|
0
|
(1)
|
1
|
1
|
1
|
2
|
1
|
1
|
1
|
1
|
1
|
2
|
2
|
2
|
2
|
2
|
3
|
3
|
3
|
2
|
2
|
2
|
2
|
2
|
2
|
2
|
2
|
2
|
2
|
1
|
1
|
1
|
2
|
2
|
2
|
1
|
1
|
1
|
1
|
1
|
|
Cash Taxes Paid |
2
|
2
|
3
|
4
|
4
|
5
|
5
|
5
|
6
|
6
|
7
|
7
|
6
|
6
|
6
|
7
|
6
|
7
|
6
|
4
|
4
|
4
|
3
|
3
|
3
|
2
|
2
|
2
|
0
|
2
|
2
|
2
|
0
|
2
|
1
|
1
|
0
|
1
|
1
|
1
|
0
|
|
Cash Interest Paid |
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
2
|
2
|
2
|
2
|
2
|
2
|
|
Change in Working Capital |
1
|
(0)
|
0
|
(1)
|
(1)
|
(1)
|
(0)
|
1
|
(1)
|
(0)
|
(0)
|
1
|
0
|
0
|
1
|
1
|
1
|
1
|
0
|
1
|
1
|
0
|
0
|
(0)
|
(0)
|
1
|
0
|
(1)
|
0
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
(0)
|
0
|
|
Cash from Operating Activities |
8
N/A
|
8
+3%
|
8
+5%
|
9
+12%
|
10
+3%
|
10
+2%
|
14
+37%
|
14
+7%
|
16
+7%
|
18
+16%
|
17
-3%
|
18
+5%
|
18
-3%
|
19
+5%
|
19
+2%
|
20
+4%
|
20
+1%
|
20
0%
|
20
+2%
|
22
+5%
|
21
-3%
|
19
-11%
|
17
-9%
|
14
-16%
|
14
-4%
|
14
+3%
|
12
-14%
|
11
-13%
|
10
-2%
|
9
-14%
|
10
+10%
|
10
+6%
|
11
+1%
|
10
-2%
|
9
-9%
|
9
-8%
|
7
-14%
|
7
-5%
|
7
0%
|
7
+1%
|
8
+6%
|
|
Investing Cash Flow | ||||||||||||||||||||||||||||||||||||||||||
Capital Expenditures |
(20)
|
(20)
|
(19)
|
(19)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(12)
|
(12)
|
(12)
|
(12)
|
(0)
|
(1)
|
(4)
|
(4)
|
(4)
|
(5)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
|
Other Items |
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Cash from Investing Activities |
(20)
N/A
|
(20)
+0%
|
(19)
+4%
|
(19)
+0%
|
(0)
+99%
|
(0)
N/A
|
(0)
-69%
|
(0)
-105%
|
(1)
-67%
|
(1)
-1%
|
(1)
+3%
|
(12)
-1 503%
|
(12)
+2%
|
(12)
-1%
|
(12)
0%
|
(0)
+96%
|
(1)
-231%
|
(4)
-160%
|
(4)
+0%
|
(4)
-1%
|
(5)
-17%
|
(2)
+53%
|
(2)
0%
|
(2)
+9%
|
(1)
+54%
|
(1)
+2%
|
(1)
+7%
|
(1)
-6%
|
(0)
+76%
|
(0)
-10%
|
(0)
-9%
|
(0)
N/A
|
(0)
+4%
|
(0)
+8%
|
(0)
-5%
|
(0)
N/A
|
(1)
-139%
|
(1)
-20%
|
(1)
-11%
|
(1)
-12%
|
(1)
+16%
|
|
Financing Cash Flow | ||||||||||||||||||||||||||||||||||||||||||
Net Issuance of Common Stock |
0
|
(0)
|
1
|
0
|
0
|
0
|
0
|
(25)
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
0
|
(0)
|
(0)
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
|
Net Issuance of Debt |
11
|
11
|
10
|
10
|
(4)
|
(4)
|
(4)
|
8
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(20)
|
(19)
|
(18)
|
(16)
|
0
|
0
|
0
|
39
|
39
|
39
|
39
|
0
|
0
|
0
|
0
|
0
|
|
Cash Paid for Dividends |
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
|
Other |
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
(0)
|
(13)
|
(13)
|
(13)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(4)
|
(5)
|
(5)
|
(8)
|
(3)
|
(3)
|
(2)
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
|
Cash from Financing Activities |
10
N/A
|
10
-4%
|
11
+7%
|
9
-14%
|
(4)
N/A
|
(5)
-4%
|
(6)
-28%
|
(19)
-211%
|
(19)
-1%
|
(19)
-1%
|
(19)
-1%
|
(6)
+69%
|
(6)
-3%
|
(6)
-4%
|
(6)
-2%
|
(7)
-12%
|
(7)
-3%
|
(8)
-2%
|
(8)
-3%
|
(8)
-2%
|
(8)
-2%
|
(8)
-1%
|
(12)
-51%
|
(13)
-6%
|
(14)
-6%
|
(31)
-126%
|
(26)
+16%
|
(24)
+7%
|
(23)
+7%
|
(4)
+81%
|
(4)
N/A
|
(4)
0%
|
34
N/A
|
34
0%
|
34
0%
|
34
0%
|
(4)
N/A
|
(4)
-1%
|
(4)
0%
|
(4)
+2%
|
(4)
0%
|
|
Change in Cash | ||||||||||||||||||||||||||||||||||||||||||
Net Change in Cash |
(2)
N/A
|
(2)
-7%
|
(0)
+87%
|
(1)
-192%
|
5
N/A
|
5
+0%
|
7
+45%
|
(5)
N/A
|
(4)
+13%
|
(2)
+57%
|
(2)
-44%
|
0
N/A
|
(0)
N/A
|
1
N/A
|
1
+52%
|
12
+1 236%
|
11
-9%
|
9
-23%
|
9
+3%
|
10
+10%
|
8
-15%
|
8
+2%
|
3
-69%
|
(1)
N/A
|
(1)
-38%
|
(18)
-1 744%
|
(15)
+17%
|
(15)
+2%
|
(13)
+15%
|
4
N/A
|
5
+19%
|
6
+10%
|
45
+658%
|
44
0%
|
43
-2%
|
43
-2%
|
3
-94%
|
2
-21%
|
2
-5%
|
2
+3%
|
3
+28%
|
|
Free Cash Flow | ||||||||||||||||||||||||||||||||||||||||||
Free Cash Flow |
(12)
N/A
|
(12)
+3%
|
(11)
+9%
|
(10)
+9%
|
10
N/A
|
10
+2%
|
13
+37%
|
14
+5%
|
15
+6%
|
17
+17%
|
17
-3%
|
6
-62%
|
6
-5%
|
7
+15%
|
7
+6%
|
19
+163%
|
19
-5%
|
16
-13%
|
17
+3%
|
18
+6%
|
16
-7%
|
17
+1%
|
15
-10%
|
12
-17%
|
13
+4%
|
13
+3%
|
11
-15%
|
10
-14%
|
10
+4%
|
9
-14%
|
10
+10%
|
10
+6%
|
10
+1%
|
10
-2%
|
9
-9%
|
8
-8%
|
7
-18%
|
6
-7%
|
6
-1%
|
6
0%
|
7
+9%
|