HCICU (Hennessy Capital Investment VIII) Asset Turnover: 0.00 (As of Mar. 2026)


HCICU Hennessy Capital Investment Corp VIII HCICU
13 GF Score
Price $10.08
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What is Hennessy Capital Investment VIII Asset Turnover?

Hennessy Capital Investment VIII HCICU 13 Asset Turnover is 0.00 as of Mar. 2026. GuruFocus rates HCICU with a GF Score™ of 13/100.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Hennessy Capital Investment VIII's Revenue for the three months ended in Mar. 2026 was $0.00 Mil. Hennessy Capital Investment VIII's Total Assets for the quarter that ended in Mar. 2026 was $121.94 Mil. Therefore, Hennessy Capital Investment VIII's Asset Turnover for the quarter that ended in Mar. 2026 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Hennessy Capital Investment VIII's annualized ROE % for the quarter that ended in Mar. 2026 was 2.43%. It is also linked to ROA % through Du Pont Formula. Hennessy Capital Investment VIII's annualized ROA % for the quarter that ended in Mar. 2026 was 2.38%.


Hennessy Capital Investment VIII  (NAS:HCICU) Asset Turnover Explanation

Asset Turnover is linked to ROE % through Du Pont Formula.

Hennessy Capital Investment VIII's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=2.9/119.1555
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(2.9 / 0)*(0 / 121.942)*(121.942/ 119.1555)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*1.0234
=ROA %*Equity Multiplier
=2.38 %*1.0234
=2.43 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data.

* 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.

** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.

It is also linked to ROA % through Du Pont Formula:

Hennessy Capital Investment VIII's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=2.9/121.942
=(Net Income / Revenue)*(Revenue / Total Assets)
=(2.9 / 0)*(0 / 121.942)
=Net Margin %*Asset Turnover
= %*0
=2.38 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data.

* 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.


Be Aware

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.


Hennessy Capital Investment VIII Asset Turnover Related Terms


Hennessy Capital Investment VIII Asset Turnover Historical Data

* Premium members only.

The historical data trend for Hennessy Capital Investment VIII's Asset Turnover 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.

Hennessy Capital Investment VIII Asset Turnover Chart

Hennessy Capital Investment VIII Annual Data
Trend Dec25
Asset Turnover
0.00

Hennessy Capital Investment VIII Quarterly Data
Oct25 Mar26
Asset Turnover 0.00 0.00

HCICU vs SOUL, TLNC, ARCI: Asset Turnover Comparison

For the Shell Companies subindustry, Hennessy Capital Investment VIII's Asset Turnover, along with its competitors' market caps and Asset Turnover 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 VIII Asset Turnover vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Hennessy Capital Investment VIII's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Hennessy Capital Investment VIII's Asset Turnover falls into.


HCICU
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Hennessy Capital Investment Corp VIII HCICU
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Hennessy Capital Investment VIII Asset Turnover Calculation

Asset Turnover measures how quickly a company turns over its asset through sales.

Hennessy Capital Investment VIII's Asset Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2025 )/( (Total Assets (A: . 20 )+Total Assets (A: Dec. 2025 ))/ count )
=/( (+)/ )
=/
=

Hennessy Capital Investment VIII's Asset Turnover for the quarter that ended in Mar. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2026 )/( (Total Assets (Q: Oct. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=0/( (0.165+243.719)/ 2 )
=0/121.942
=0.00

* 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.

Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.

Frequently Asked Questions Learn more about Asset Turnover →
What does a Asset Turnover of 0.00 mean?
Hennessy Capital Investment VIII (HCICU) has a Asset Turnover of 0.00 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Hennessy Capital Investment VIII and its competitors.
Is Hennessy Capital Investment VIII's Asset Turnover too high?
Hennessy Capital Investment VIII's current Asset Turnover is 0.00. Overall, Hennessy Capital Investment VIII has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Hennessy Capital Investment VIII's Asset Turnover compare to SOUL and TLNC?
Hennessy Capital Investment VIII's Asset Turnover of 0.00 can be compared against companies in the Diversified Financial Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Asset Turnover for a Diversified Financial Services company?
A good Asset Turnover depends on the Diversified Financial Services industry context. However, Asset Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Asset Turnover mean?
A high Asset Turnover can signal that a stock is expensive relative to its fundamentals. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Hennessy Capital Investment VIII and its competitors. Hennessy Capital Investment VIII's current Asset Turnover is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hennessy Capital Investment VIII stock overvalued right now?
Hennessy Capital Investment VIII (HCICU) has a current Asset Turnover of 0.00. The current Asset Turnover is 0.00. Hennessy Capital Investment VIII's overall GF Score™ is 13/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Asset Turnover calculated?
Asset Turnover is calculated from a company's financial statements. For Hennessy Capital Investment VIII (HCICU), the current Asset Turnover is 0.00 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Hennessy Capital Investment VIII Business Description

Other Exchanges HCIC:USA
Address 195 US Highway 50, Suite 207, Zephyr Cove, NV, USA, 89448
Hennessy Capital Investment Corp VIII is a blank check company.
13GF Score

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