Hennessy Capital Investment VI Balance Sheet Health
Financial Health criteria checks 0/6
Hennessy Capital Investment VI has a total shareholder equity of $-6.0M and total debt of $1.1M, which brings its debt-to-equity ratio to -18.2%. Its total assets and total liabilities are $271.5M and $277.5M respectively.
Key information
-18.2%
Debt to equity ratio
US$1.10m
Debt
Interest coverage ratio | n/a |
Cash | US$462.00k |
Equity | -US$6.03m |
Total liabilities | US$277.49m |
Total assets | US$271.46m |
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.