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Churchill Capital VI (Churchill Capital VI) Equity-to-Asset : 0.90 (As of Sep. 2023)


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What is Churchill Capital VI Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Churchill Capital VI's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $258.34 Mil. Churchill Capital VI's Total Assets for the quarter that ended in Sep. 2023 was $288.58 Mil.

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

CCVI' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.3   Med: 0.92   Max: 0.96
Current: 0.9

During the past 3 years, the highest Equity to Asset Ratio of Churchill Capital VI was 0.96. The lowest was 0.30. And the median was 0.92.

CCVI's Equity-to-Asset is not ranked
in the Diversified Financial Services industry.
Industry Median: 0.83 vs CCVI: 0.90

Churchill Capital VI Equity-to-Asset Historical Data

The historical data trend for Churchill Capital VI's Equity-to-Asset 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 Equity-to-Asset Chart

Churchill Capital VI Annual Data
Trend Dec20 Dec21 Dec22
Equity-to-Asset
0.30 0.92 0.96

Churchill Capital VI Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.96 0.96 0.96 0.90 0.90

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

For the Shell Companies subindustry, Churchill Capital VI's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 Equity-to-Asset Distribution in the Diversified Financial Services Industry

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

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



Churchill Capital VI Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

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

Equity to Asset (A: Dec. 2022 )=Total Stockholders Equity/Total Assets
=537.758/560.396
=

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

Equity to Asset (Q: Sep. 2023 )=Total Stockholders Equity/Total Assets
=258.336/288.578
=

* 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) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Churchill Capital VI Equity-to-Asset Related Terms

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


Churchill Capital VI (Churchill Capital VI) Business Description

Traded in Other Exchanges
N/A
Address
640 Fifth Avenue, 12th Floor, New York, NY, USA, 10019
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