HCVI (Hennessy Capital Investment VI) Interest Coverage : No Debt ⁽¹⁾ (As of Dec. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Hennessy Capital Investment VI Interest Coverage?

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. Hennessy Capital Investment VI's Operating Income for the three months ended in Dec. 2024 was $-1.03 Mil. Hennessy Capital Investment VI's Interest Expense for the three months ended in Dec. 2024 was $0.00 Mil. Hennessy Capital Investment VI has no debt. The higher the ratio, the stronger the company's financial strength is.

(1) Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

The historical rank and industry rank for Hennessy Capital Investment VI's Interest Coverage or its related term are showing as below:

HCVI' s Interest Coverage Range Over the Past 10 Years
Min: No Debt Med: No Debt Max: No Debt
Current: No Debt

HCVI's Interest Coverage is ranked better than
99.66% of 294 companies
in the Diversified Financial Services industry
Industry Median: No Debt vs HCVI: No Debt

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Hennessy Capital Investment VI Interest Coverage Historical Data

The historical data trend for Hennessy Capital Investment VI's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

* Premium members only.

Hennessy Capital Investment VI Interest Coverage Chart

Hennessy Capital Investment VI Annual Data

Trend

Dec21

Dec22

Dec23

Dec24

Interest Coverage

No Debt

Hennessy Capital Investment VI Quarterly Data
	Jan21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Interest Coverage	Get a 7-Day Free Trial											No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of Hennessy Capital Investment VI's Interest Coverage

For the Shell Companies subindustry, Hennessy Capital Investment VI's Interest Coverage, along with its competitors' market caps and Interest Coverage 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 Interest Coverage Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Hennessy Capital Investment VI's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Hennessy Capital Investment VI's Interest Coverage falls into.

Save Embed

;

Save Embed

;

Hennessy Capital Investment VI Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage

-1

Operating Income

Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt ⁽¹⁾.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Hennessy Capital Investment VI's Interest Coverage for the fiscal year that ended in Dec. 2024 is calculated as

Here, for the fiscal year that ended in Dec. 2024, Hennessy Capital Investment VI's Interest Expense was $0.00 Mil. Its Operating Income was $-14.83 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Hennessy Capital Investment VI had no debt ⁽¹⁾.

Hennessy Capital Investment VI's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the three months ended in Dec. 2024, Hennessy Capital Investment VI's Interest Expense was $0.00 Mil. Its Operating Income was $-1.03 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Hennessy Capital Investment VI had no debt ⁽¹⁾.

The higher the ratio, the stronger the company's Financial Strength is.

Hennessy Capital Investment VI (OTCPK:HCVI) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .

Hennessy Capital Investment VI Interest Coverage Related Terms

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

Hennessy Capital Investment VI Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Hennessy Capital Investment Corp VI (OTCPK:HCVI) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

N/A

Address

195 US Highway 50, Suite 309, Zephyr Cove, NV, USA, 89448

Website

https://www.hennessycapllc.com

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