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HCVI (Hennessy Capital Investment VI) Equity-to-Asset : 0.28 (As of Sep. 2024)


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What is Hennessy Capital Investment VI Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Hennessy Capital Investment VI's Total Stockholders Equity for the quarter that ended in Sep. 2024 was $16.24 Mil. Hennessy Capital Investment VI's Total Assets for the quarter that ended in Sep. 2024 was $57.72 Mil.

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

HCVI' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.01   Med: 0.92   Max: 0.97
Current: 0.28

During the past 3 years, the highest Equity to Asset Ratio of Hennessy Capital Investment VI was 0.97. The lowest was 0.01. And the median was 0.92.

HCVI's Equity-to-Asset is ranked worse than
70.43% of 558 companies
in the Diversified Financial Services industry
Industry Median: 0.82 vs HCVI: 0.28

Hennessy Capital Investment VI Equity-to-Asset Historical Data

The historical data trend for Hennessy Capital Investment 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.

Hennessy Capital Investment VI Equity-to-Asset Chart

Hennessy Capital Investment VI Annual Data
Trend Dec21 Dec22 Dec23
Equity-to-Asset
0.92 0.96 0.97

Hennessy Capital Investment VI Quarterly Data
Jan21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.72 0.97 0.82 0.71 0.28

Competitive Comparison of Hennessy Capital Investment VI's Equity-to-Asset

For the Shell Companies subindustry, Hennessy Capital Investment 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.


Hennessy Capital Investment VI's Equity-to-Asset Distribution in the Diversified Financial Services Industry

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

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



Hennessy Capital Investment 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.

Hennessy Capital Investment VI's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=264.198/271.456
=

Hennessy Capital Investment VI's Equity to Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

Equity to Asset (Q: Sep. 2024 )=Total Stockholders Equity/Total Assets
=16.241/57.719
=

* 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.


Hennessy Capital Investment VI  (NAS:HCVI) 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 Investment VI Equity-to-Asset Related Terms

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


Hennessy Capital Investment VI Business Description

Traded in Other Exchanges
N/A
Address
195 US Highway 50, Suite 309, Zephyr Cove, NV, USA, 89448
Hennessy Capital Investment Corp VI is a shell company.
Executives
Atlas Merchant Capital Llc 10 percent owner 477 MADISON AVENUE, 22ND FLOOR, NEW YORK NY 10022
Arena Capital Advisors, Llc- Ca 10 percent owner 12121 WILSHIRE BLVD STE 1010, LOS ANGELES CA 90025
Arena Short Duration High Yield Fund Lp - Series H 10 percent owner 12121 WILSHIRE BLVD STE 1010, LOS ANGELES CA 90025
Arena Short Duration High Yield Fund, L.p.- Series G 10 percent owner 12121 WILSHIRE BLVD STE 1010, LOS ANGELES CA 90025-1164
Arena Short Duration High Yield Fund, Lp - Series D 10 percent owner 12121 WILSHIRE BLVD, SUITE 1010, LOS ANGELES CA 90025
Arena Vii, Llc 10 percent owner 12121 WILSHIRE BLVD., SUITE 1010, LOS ANGELES CA 90025
Arena Short Duration High Yield Fund, Lp- Series E 10 percent owner 12121 WILSHIRE BLVD STE 1010, LOS ANGELES CA 90025
Arena Short Duration High Yield Fund, Lp - Series C 10 percent owner 12121 WILSHIRE BLVD, SUITE 1010, LOS ANGELES CA 90025
Arena Short Duration High Yield Fund, Lp - Series B 10 percent owner 12121 WILSHIRE BLVD, SUITE 1010, LOS ANGELES CA 90025
Arena Short Duration High Yield Fund, Lp - Series A 10 percent owner 12121 WILSHIRE BLVD., SUITE 1010, LOS ANGELES CA 90025
Richard H Fearon director 1239 GERBING ROAD, AMELIA ISLAND FL 32034
Hennessy Capital Partners Vi Llc 10 percent owner 3415 N. PINES WAY, SUITE 204, WILSON WY 83014
Greg Ethridge director, 10 percent owner, officer: PRESIDENT AND COO 585 WEED STREET, NEW CANAAN CT 06840
Nicholas A Petruska 10 percent owner, officer: EVP, CFO AND SECRETARY 10 SOUTH WACKER DRIVE, SUITE 3175, CHICAGO IL 60606
Hennessy Capital Group Llc 10 percent owner 10 SOUTH WACKER DRIVE, SUITE 3175, CHICAGO IL 60606

Hennessy Capital Investment VI Headlines

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