Hennessy Capital Investment VI Balance Sheet Health
Financial Health criteria checks 0/6
Hennessy Capital Investment VI has a total shareholder equity of $-9.6M and total debt of $3.0M, which brings its debt-to-equity ratio to -31.5%. Its total assets and total liabilities are $56.1M and $65.6M respectively.
Key information
-31.5%
Debt to equity ratio
US$3.02m
Debt
Interest coverage ratio | n/a |
Cash | US$6.00k |
Equity | -US$9.56m |
Total liabilities | US$65.63m |
Total assets | US$56.07m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HCVI.U has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: HCVI.U has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: HCVI.U has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: HCVI.U's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: HCVI.U's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if HCVI.U's interest payments on its debt are well covered by EBIT.