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Churchill Capital VI (Churchill Capital VI) Debt-to-Equity : 0.01 (As of Sep. 2023)


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What is Churchill Capital VI Debt-to-Equity?

Churchill Capital VI's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $2.50 Mil. Churchill Capital VI's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.00 Mil. Churchill Capital VI's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $258.34 Mil. Churchill Capital VI's debt to equity for the quarter that ended in Sep. 2023 was 0.01.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Churchill Capital VI's Debt-to-Equity or its related term are showing as below:

CCVI' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0.01   Max: 0.01
Current: 0.01

During the past 3 years, the highest Debt-to-Equity Ratio of Churchill Capital VI was 0.01. The lowest was 0.00. And the median was 0.01.

CCVI's Debt-to-Equity is not ranked
in the Diversified Financial Services industry.
Industry Median: 0.115 vs CCVI: 0.01

Churchill Capital VI Debt-to-Equity Historical Data

The historical data trend for Churchill Capital VI's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Churchill Capital VI Debt-to-Equity Chart

Churchill Capital VI Annual Data
Trend Dec20 Dec21 Dec22
Debt-to-Equity
- - -

Churchill Capital VI Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - 0.01

Competitive Comparison of Churchill Capital VI's Debt-to-Equity

For the Shell Companies subindustry, Churchill Capital VI's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Churchill Capital VI's Debt-to-Equity Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Churchill Capital VI's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Churchill Capital VI's Debt-to-Equity falls into.


Churchill Capital VI Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Churchill Capital VI's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Debt to Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(0 + 0) / 537.758
=0.00

Churchill Capital VI's Debt to Equity Ratio for the quarter that ended in Sep. 2023 is calculated as

Debt to Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(2.5 + 0) / 258.336
=0.01

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Churchill Capital VI  (NYSE:CCVI) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Churchill Capital VI Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Churchill Capital VI's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Churchill Capital VI (Churchill Capital VI) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Churchill Capital Corp VI (NYSE:CCVI) » Definitions » Debt-to-Equity
Comparable Companies
SLAM TRTL NETD HCVI CXAC NFNT APGB KCGI CNDA EMLD PBAJ SVMB SCRM CVII AAC GHIX ALCC AACT DWAC SAGA
Traded in Other Exchanges
N/A
Address
640 Fifth Avenue, 12th Floor, New York, NY, USA, 10019
Website
https://vi.churchillcapitalcorp.com
Churchill Capital Corp VI is a blank check company.
Executives
Alan Schrager director C/O OHA INVESTMENT CORPORATION, 1114 AVENUE OF THE AMERICAS, 27TH FLOOR, NEW YORK NY 10036
Andrew Frankle director 640 FIFTH AVENUE, 12TH FLOOR, NEW YORK NY 10019
Stephen Anthony Murphy director 640 FIFTH AVENUE, 12TH FLOOR, NEW YORK NY 10019
Michael Stuart Klein director, 10 percent owner, officer: See Remarks C/O DAVIS POLK & WARDWELL, 450 LEXINGTON AVENUE, NEW YORK NY 10017
Mark D Klein director 21255 BURBANK BOULEVARD, SUITE 400, WOODLAND HILLS CA 91367
Karen G Mills director C/O SCOTTS CO, 14111 SCOTTSLAWN ROAD, MARYSVILLE OH 43041
Glenn R August director C/O OHA - 1114 AVENUE OF THE AMERICAS, 27TH FLOOR, NEW YORK NY 10036
M. Klein Associates, Inc. 10 percent owner 640 FIFTH AVENUE, 12TH FLOOR, NEW YORK NY 10019
Malcolm Stephen Mcdermid director C/O CTC MY CFO, P.O. BOX 10195, DEPT. 1173, PALO ALTO CA 94303
Bonnie Jonas director 640 FIFTH AVENUE, 12TH FLOOR, NEW YORK NY 10019
Lee Jay Taragin officer: Chief Financial Officer 640 FIFTH AVENUE, 12TH FLOOR, NEW YORK NY 10019
Churchill Sponsor Vi Llc 10 percent owner 640 FIFTH AVENUE, 12TH FLOOR, NEW YORK NY 10019