Hennessy Capital Investment VI Balance Sheet Health
Financial Health criteria checks 0/6
Hennessy Capital Investment VI has a total shareholder equity of $-18.9M and total debt of $10.0M, which brings its debt-to-equity ratio to -52.8%. Its total assets and total liabilities are $57.7M and $76.6M respectively.
Key information
-52.8%
Debt to equity ratio
US$9.99m
Debt
| Interest coverage ratio | n/a |
| Cash | US$890.00k |
| Equity | -US$18.92m |
| Total liabilities | US$76.64m |
| Total assets | US$57.72m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HCVI has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: HCVI 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 has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: HCVI's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: HCVI's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if HCVI's interest payments on its debt are well covered by EBIT.