Hennessy Capital Acquisition IV (Hennessy Capital Acquisition IV) Equity-to-Asset : 0.02 (As of Sep. 2020)

View and export this data going back to 2019. Start your Free Trial

What is Hennessy Capital Acquisition IV Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Hennessy Capital Acquisition IV's Total Stockholders Equity for the quarter that ended in Sep. 2020 was $5.00 Mil. Hennessy Capital Acquisition IV's Total Assets for the quarter that ended in Sep. 2020 was $306.97 Mil.

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

HCAC's Equity-to-Asset is not ranked ^*
in the Diversified Financial Services industry.
Industry Median: 0.83
* Ranked among companies with meaningful Equity-to-Asset only.

Hennessy Capital Acquisition IV Equity-to-Asset Historical Data

The historical data trend for Hennessy Capital Acquisition IV'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.

Hennessy Capital Acquisition IV Equity-to-Asset Chart

Hennessy Capital Acquisition IV Annual Data

Trend

Dec18

Dec19

Equity-to-Asset

0.09

0.02

Hennessy Capital Acquisition IV Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20
Equity-to-Asset	Get a 7-Day Free Trial			0.02	0.02	0.02	0.02	0.02

Competitive Comparison of Hennessy Capital Acquisition IV's Equity-to-Asset

For the Shell Companies subindustry, Hennessy Capital Acquisition IV'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.

Hennessy Capital Acquisition IV's Equity-to-Asset Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where Hennessy Capital Acquisition IV's Equity-to-Asset falls into.

Hennessy Capital Acquisition IV 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.

Hennessy Capital Acquisition IV's Equity to Asset Ratio for the fiscal year that ended in Dec. 2019 is calculated as

Equity to Asset (A: Dec. 2019 )	=	Total Stockholders Equity	/	Total Assets
	=	5	/	308.512
	=

Hennessy Capital Acquisition IV's Equity to Asset Ratio for the quarter that ended in Sep. 2020 is calculated as

Equity to Asset (Q: Sep. 2020 )	=	Total Stockholders Equity	/	Total Assets
	=	5	/	306.971
	=

Hennessy Capital Acquisition IV (NAS:HCAC) 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%.

Hennessy Capital Acquisition IV Equity-to-Asset Related Terms

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