Hennessy Capital Investment Corp VI (HCVI) — Defensive Interval Ratio

Latest as of September 2023: 343 days

Hennessy Capital Investment Corp VI (HCVI) has a Defensive Interval Ratio of 343 days as of September 2023. Defensive assets of $86.17 Million (cash $-, short-term investments $86.17 Million, receivables $-) cover 343 days of daily cash needs of $251.10K/day.

Defensive Interval Ratio

343 days
Days of operational coverage

Defensive Assets

$86.17 Million
Cash + ST Investments + Receivables

Daily Cash Need

$251.10K
Current Liabilities ÷ 365

Current Liabilities

$91.65 Million
USD

Hennessy Capital Investment Corp VI Defensive Interval Ratio (2021–2022)

This chart shows how Hennessy Capital Investment Corp VI's Defensive Interval Ratio has evolved across 2 annual periods from 2021 to 2022. As of September 2023, the ratio stands at 343 days, meaning defensive assets of $86.17 Million can fund 343 days of operations without new revenue. For the complete balance sheet picture, see Hennessy Capital Investment Corp VI balance sheet assets.

Annual Defensive Interval Ratio for Hennessy Capital Investment Corp VI (2021–2022)

The table below presents the year-by-year Defensive Interval Ratio for Hennessy Capital Investment Corp VI from 2021 to 2022, covering 2 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. See working capital position of Hennessy Capital Investment Corp VI to evaluate short-term liquidity relative to the company's equity base.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2022 180128 days $344.46 Million $1.91K/day $- $344.46 Million ▼ -116869 days
2021 296997 days $340.94 Million $1.15K/day $- $340.94 Million
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)