Churchill Capital Corp VI Balance Sheet Health
Financial Health criteria checks 0/6
Churchill Capital Corp VI has a total shareholder equity of $-27.7M and total debt of $2.5M, which brings its debt-to-equity ratio to -9%. Its total assets and total liabilities are $288.6M and $316.2M respectively.
Key information
-9.0%
Debt to equity ratio
US$2.50m
Debt
| Interest coverage ratio | n/a |
| Cash | US$1.43m |
| Equity | -US$27.66m |
| Total liabilities | US$316.24m |
| Total assets | US$288.58m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CCVI.U has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: CCVI.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: CCVI.U has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: CCVI.U's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: CCVI.U's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if CCVI.U's interest payments on its debt are well covered by EBIT.